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April 2009

HSBC considering London office space sale | 30 Apr 2009

HSBC considering London office space saleGlobal bank HSBC has stated that it is considering a sell-off of its building at London’s Canary Wharf as well as major offices in New York and Paris. The bank, which ......

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Bank will determine end of commercial property slump | 29 Apr 2009

Bank will determine end of commercial property slumpThe end could be in sight for the fall in fortunes of London’s commercial property market, so long as the Bank of England takes the right action, a real estate ......

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British Land to sell half of Broadgate | 27 Apr 2009

British Land to sell half of BroadgateProperty development and investment company British Land is hoping to sell around half of its London Broadgate estate, which is home to almost 5 million square feet of City office ......

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Macquarie looking for London office space | 27 Apr 2009

Macquarie looking for London office space Australian bank Macquarie has resumed its search for commercial property in London to use as its headquarters.The process was temporarily halted last year due to the uncertain condition of the ......

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Commercial property industry unhappy at budget | 25 Apr 2009

Commercial property industry unhappy at budgetThe commercial property industry has reacted with alarm at the government’s Budget report on Wednesday. The sector has been one of the worst impacted by the credit crunch, with commercial ......

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News Corp submits plan to develop Wapping HQ | 22 Apr 2009

News Corp submits plan to develop Wapping HQRupert Murdoch’s News Corporation has submitted a planning application to develop its east London Headquarters.The plan details the renovation of the old printworks in Wapping, including an 18-metre-high atrium to ......

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Bank of Tokyo rents 220,000 feet at Moorgate | 20 Apr 2009

Bank of Tokyo rents 220,000 feet at MoorgateBritish Land has secured the first tenant at its new Ropemaker development, which is scheduled for completion this summer, situated near Moorgate and Liverpool Street.The first tenant for the notable ......

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Mayor announces river transport plan | 16 Apr 2009

Mayor announces river transport planA new initiative is set to boost the prospects for commercial property and office space alongside the Thames.The capital’s mayor, Boris Johnson, has pledged £1.5 million to extend Tower Pier, ......

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Swiss investors buy 70 million GBP London lease | 14 Apr 2009

Swiss investors buy 70 million GBP London leaseAFIAA, a Swiss investment advisor for state pension funds, has completed a £70 million deal to buy the long leasehold for 31 Gresham Street in the City of London. The acquisition ......

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Property group supports green proposals | 09 Apr 2009

Property group supports green proposalsA collection of large companies has stated its support for a code of environmental rules for new commercial property.In a surprise move, the UK Green Building Council announced its backing ......

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