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City block may re-start

City site to progress

Demolition to re-start

Refurbishment about to start

Refurbishment consent in Mayfair

City demolition start

Moorgate start

City scheme gains impetus

Mayfair start

City scheme consent

City demolition start

City consent

New application in EC2

Mayfair refurbishment

Appointment for Schroders

Summer start for Schroders

Mayfair refurbishment

Moorgate scheme planned

City schemes planned

Covent Garden scheme approaches start

Refurbishment for EC2 building

WELPUT gets The Point

Revised Basinghall Street scheme

Christ Church Court available?

CityPoint on market

CityPoint in Ropemaker Street, London, EC2, is thought to be about to go on the market with an asking price of £650m. The 34-storey 65,681 sq m (707,000 sq ft) building is owned by US developer Tishman Speyer and partners Schroders, SITQ and UBS, who acquired the property for about £520m in 2006. - (06-02-2007)

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CityPoint on the market

CityPoint, the 36-storey skyscraper, on Ropemaker Street, London, EC2, is thought to be on the market and could be sold by the City of London Office Unit Trust (CLOUT) for around £500m. CLOUT was set up by Pillar Properties, now part of British Land, and Schroders, the fund manager, in 2001. CityPoint has about 52,675 sq m (566,993 sq ft) of office space and around 11,148 sq m (120,000 sq ft) of retail and leisure uses on the ground a lower floors. The building was built in 1967 and was named Britannic Tower, the former headquarters of British Petroleum. The building was re-named CityPoint after a major rebuild to a design by Sheppard Robson, which was completed in early 2001. - (28-08-2005)

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Clout revises Basinghall Street scheme

City of London Office Unit Trust (Clout), made up of Pillar, Schroder Exempt Property Unit Trust and SITQ Albion, has submitted a planning application for 35 Basinghall Street, London EC2, which increase the floorspace on the previously approved scheme. The latest application by Bennetts Associates is for a ten-story 17,413 sq m (187,433 sq ft) scheme that will provide about 12,122 sq m (130,481 sq ft) of net floorspace. The new scheme has introduced two additional floors into the building without a major increase in its height. - (18-04-2002)

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BT may sell portflio to LandSec's

British Telecom is said to be close to arranging a sale and leaseback deal on its £2bn property portfolio with Land Securities. Land Securities is rumoured to have beaten Mapeley to the deal. In what is thought to be a speeding up of the process BT may now complete its £2bn portfolio sale and leaseback deal by summer 2001. BT's advisor Schroder Salomon Smith Barney is understood to have recently shortlisted Land Securities Trillium and Mapeley, the George Soros backed venture, as the final two bidders for the 7,500 sites in the UK. Oftel, the telephone regulator, has set restrictions on BT's ability to sell sites and they are to be leased to the successful bidders for 130-years and then leased back by BT on 30-year agreements. The leases are understood to have break options for BT to vacate premises after 15-years, providing redevelopment opportunities for central London sites such as Mondial House, Upper Thames Street and Fleet Building, Farringdon Street, both in EC4 - (09-04-2001)

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