SEARCH IN BRIEF

 
Land Securities back on track

Reports suggest that Britain’s biggest property developer, Land Securities, is in talks to develop Rafael Vinoly’s ‘Walkie Talkie’ in Fenchurch Street, London. After a £4.7bn loss last year, the firm have now reported full-year pre-tax profits of £1.07bn. As such, plans are for work to begin on the £300m, 600 sq ft structure in early 2011, with Land Securities noting a higher demand for shops and offices. Another major project for the FSTE 100 company is the Trinity shopping centre in Leeds, construction on which is set to begin by the end of next year.

Francis Salway, Chief Executive of Land Securities, said: “We maintain our view that property values will rise over the next five years but, with the likelihood of volatility in consumer spending and business investment, the path may not always be smooth.”

To read a past feature on the design for the Walkie Talkie, click here .

IN BRIEF
Thursday 20 May 2010
RIBA to open Chapter in India next year
Thu 18 Dec 2014
Download your copy of the Architects and the Media Report
Thu 18 Dec 2014
Kingspan Insulated Panels announces ZerO Energy Lighting Solution and associated report
Wed 17 Dec 2014
ARCKIT picks up multiple accolades at London Design Awards 2014
Tue 16 Dec 2014
Shortlist announced for 'Olympicopolis' in London
Tue 16 Dec 2014
Moshe Safdie to receive 2015 AIA Gold Medal
Thu 11 Dec 2014
Mayor of London approves Wood Wharf
Thu 11 Dec 2014
LAFD called to massive fire at Geoffrey Palmer's Da Vinci complex in Downtown LA
Wed 10 Dec 2014