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News

Derwent expects up to 10 percent rent rises | 19 Mar 2010

Derwent expects up to 10 percent rent risesBritain’s sixth-largest Real Estate Investment Trust, Derwent, is renewing its efforts to cash in on the soaring value of London commercial property. The company’s net asset value rose 18 percent ......

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First Major Offices to Achieve 'Outstanding' BREEAM Rating | 17 Mar 2010

First Major Offices to Achieve 'Outstanding' BREEAM RatingThe London offices of Pricewaterhouse Coopers are the first major offices in the UK to be awarded the BREEAM ‘Outstanding’ rating, the highest rating awarded under the BRE Environmental Assessment ......

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Carbon Trust to create new low carbon commercial property fund | 15 Mar 2010

Carbon Trust to create new low carbon commercial property fundThe Carbon Trust is to launch a £350 million low-carbon investment fund, designed to buy and refurbish commercial property in the UK. Excluding residential homes, buildings account for almost 20 ......

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Fire hits Tabernacle offices | 12 Mar 2010

Fire hits Tabernacle officesAn enormous fire has devastated a four-storey office building on Tabernacle Street in London. The fire service was called to the blaze at the office space, and the restaurant below, ......

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Ealingcross signs first tenants | 10 Mar 2010

Ealingcross signs first tenantsThe first tenants have been signed at Ealingcross, the new office scheme at Uxbridge Road in Ealing. A2 Dominion, a housing association, have signed a 10-year lease for the 17,200 ......

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London office space tops value chart | 08 Mar 2010

London office space tops value chartLondon office space was the capital’s best performing commercial property class in February, a new report shows. Overall, Central London office space returned a yield of 2.6 percent, whilst capital ......

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Sky News move into Gherkin | 06 Mar 2010

Sky News move into GherkinSky News have become the newest residents of 30 St Mary Axe, moving both their offices and studios to the 'Gherkin', in the City of London. Jeff Randall is broadcasting ......

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Minerva back in the black | 03 Mar 2010

Minerva back in the blackLondon commercial property developer Minerva has returned to profitability. The company reported H1 profits of nearly £46 million, compared to losses of £187 a year earlier. Key to its success ......

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Kaupthing sells London hospital site | 01 Mar 2010

Kaupthing sells London hospital siteThe land formerly occupied by the Middlesex Hospital in London’s Fitzrovia is to be placed on the market. The 12,000 square metre site has stood unused for over two years, ......

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Walkie-Talkie back on again? | 27 Feb 2010

Walkie-Talkie back on again? Land Securities are said to be reconsidering plans to start work on their 500-foot London skyscraper, known as the Walkie-Talkie. The project – in common with many other new developments ......

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