City of London

On Tuesday, a historic decision took place as the City of London Corporation’s Court of Common Council voted to end its interest in co-locating the wholesale food markets of Smithfield and Billingsgate to a new site at Dagenham Dock. Traders will be able to continue their operation on site until at least 2028.

Building Magazine reports that Stanhope’s 1 Undershaft plans have received criticism from neighbouring occupiers, with concerns that security measures for proposed seven-metre high digital screen would create “environment of surveillance”. The Universities Superannuation Scheme (USS), a £90bn pension scheme, has upheld its objection to what would be the joint tallest building in the UK and the tallest in the City of London.

Building Magazine also reports that Historic England has called for RHSP’s 99 Bishopsgate scheme to be refused over heritage concerns.

City of Westminster

The Evening Standard reports that Sadiq Khan is creating an Oxford Street office to help him “seize control of the UK’s most famous shopping thoroughfare.”

BE News reports that London Square has received planning consent for the conversion of the Westminster Tower office building into a high-end residential scheme.

Co-star reports that Shaftesbury Capital has signed jeweller Missoma for its Carnaby Street store. Shaftesbury Capital has assembled a cluster of jewellery stores and this street. It will be Missoma’s largest store.

Co-star reports that the M&G Secured Property Income Fund has completed its on-off-on sale of advertising giant WPP’s former offices at Dorland House in Paddington, London, for £63.5 million or a 6.39% net yield.

Tower Hamlets

My London reports that plans by WW F1 Student Development Company for a 46-storey student accommodation tower in Canary Wharf were refused over “noise and anti-social behaviour concerns.”