City AM – TOWER POWER

The front page of the London business paper City AM reports on the London office property market. 

• LONDON OFFICE MARKET GOING STRONG AS MORE NEW PROJECTS EMERGE: THE LONDON office property market is continuing its strong rebound, accord- ing to fresh data out today, as more new projects get underway in the City. T The total volume of new starts be- tween October 2023 and March this year came in at 4.2 million sq. ft across 42 projects, according to Deloitte’s London.[https://www.cityam.com/london-office-market-going-strong-as-more-new-projects-emerge/]
• Ashtead: FTSE giant worth £24bn mulls switching listing to New York: FTSE 100 giant Ashtead, valued at more than £24bn, is reportedly exploring switching its stock market listing from London to New York in what would be a major blow to the capital’s beleaguered bourse.[https://www.cityam.com/ashtead-ftse-giant-worth-24bn-mulls-switching-listing-to-new-york/]