Jamie Bennett-Ness

UK cities are entering a new era of mixed-use development, as residential, commercial and leisure uses become more interdependent, Savills reports.

Norges Bank Investment Management (NBIM) has appointed Stanhope to manage its circa £4bn London and Paris office portfolio.

Flex office provider Landmark Space has rebranded as Elementa Workspace and launched a new 52,000 sq ft City workspace to mark the announcement.

Great Portland Estates (GPE) development director Andrew White is to leave the business later this year, and his role will not be replaced.

CO-RE has hired Matthew Barratt as head of asset management, marking the London office developer's strategic expansion into asset management.

BlueFive Private Wealth has sold Systems, a grade-A office building in west London, to Chinese retail giant JD, which is set to make the base its UK headquarters.

The new London Plan will aim to deliver 558,000 new homes by 2037, with the streamlined 20-year strategy pledging to make it easier to build affordable homes and drive economic growth.

Helical has let the 12th floor of The Tower at The Bower, its multi-building office campus in London's Old Street, to music company Audio Network, as it continues to report strong leasing activity amid a severe undersupply of best-in-class offices.

Industry figures have largely welcomed the draft London Plan's strategic approach and "realistic" housing targets, despite warnings that it will do little to combat challenging market conditions in the capital.

Capital&Centric has confirmed its exit from its joint venture with Kamani Property Group on two Manchester development sites, bringing an end to its private sector joint ventures.