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Industry News | London Office Marketplace |
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British Land sees a profit | 05 February 2010
British Land, the UK’s second largest REIT, has just released its third-quarter figures, posting a profit of £623 million. The company’s share price was up 2.7 percent to 450p with t ...
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London: top for commercial property | 03 February 2010
London looks set to be the most attractive European location for investors in commercial property to concentrate their funds over the coming year, research has determined.
A survey of more than 600 m ...
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Office rental growth forecast to near 20 percent | 01 February 2010
A new report suggests that the market for London office space is now well on the road to recovery, with rental growth expected to be around 19 percent in 2010.
This, in turn, should lead to an increa ...
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London office space vacancies begin to drop | 23 January 2010
For the first time in over two years, the availability of office space in the capital has decreased. Although other sectors such as retail are still experiencing rising vacancy rates, London’s o ...
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Prime rents to near three figures by 2011 | 19 January 2010
A new report has suggested that West End office space will near £100 per square foot by the end of next year, though recovering the highs of 2007 is still some time away.
Analysts predict that ...
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Stenham make a quick profit on Grosvenor Gardens | 15 January 2010
Independent investment management organisation Stenham have turned a 60 percent profit on a West End property in just a few months. Back in May 2009, the group purchased 52 Grosvenor Gardens from owne ...
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London office market strengthened in last quarter | 13 January 2010
A new report has found that rents for London office space have now stabilised, prompting a wave of new lettings. Some 40 percent of the year’s lettings took place in the final quarter of 2009, d ...
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'White elephant' Ark filled by owner | 11 January 2010
Property developer GE Real Estate is set to occupy 100,000 square feet of its own office space in the Ark, the landmark building in Hammersmith that quickly became a ‘white elephant’ after ...
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West End rents to climb | 07 January 2010
A promising start to the year beckons for London’s West End as property analysts suggest that the area will regain some of its allure for investors in 2010. Rent for prime London office space is ...
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London office market to prosper as country struggles | 05 January 2010
A new report has warned that the UK’s commercial property market is likely to continue to flounder in 2010 as over-supply leads to further vacancies and falling rents. The sole exception to this ...
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