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Industry News  |  April 2008

DeVono News
Terrace Hill and Aerium have received planning permission to redevelop two 1960s properties into Mayfair office space. Located at 49-51 Conduit Street and 24 Savile Row, the properties are set to be redeveloped to create a six-storey property that will pr
Planning permission granted for Mayfair office project
Wates Group has been revealed as the contractor for Development Securities' London office development. Set to be built at Hammersmith Grove, the development is planned to provide 275,000 sq ft of office space. The first phase of construction at the site
Wates Group named as contractor for London office development
The Canary Wharf Group has taken ownership of the Wood Wharf Limited Partnership, after buying out previous partners, British Waterways and Ballymore. British Waterways and Ballymore Properties are set to receive £52.4 million and £38 million respective
Canary Wharf Group agrees £90m deal for sole ownership of office-led development
Tishman Speyer, has completed a deal for the acquisition of London office space. The real estate company has paid Land Securities around £171.1 million for Eland House. Originally built in 1995 by Land Securities, the 253,000 sq ft building is currently
Tishman Speyer secure Eland House in deal worth £171.1m
Construction of a new London office building has been put on hold after a potential occupier terminated pre-let negotiations. CMS Cameron McKenna was in talks with developers, Hammerson, for a total of 200,000 sq ft of Principal Place. The law firm had pr
Principal Place construction delayed following withdrawal of prospective tenant
Construction on Axa Real Estate's new London office project is set to begin, following the appointment of Balfour Beatty as principle contractor. The building, known as Sixty London, is set to be located on a site previously home to Bath House. As well as
Construction on Sixty London set to begin
Nottingham-based architects, RDArchitects, has announced that it will be opening a new London office. Set to be located at 175-185 Gray's Inn Road, the new office will allow the company to strengthen its ties with London clients, as well as seek new oppor
RDArchitects take up new Midtown-based office
Spanish telecommunications company, Telefónica Digital, has announced that it will be leasing offices in London. Telefónica are set to occupy 51,000 sq ft of grade A office space at the AirW1 development, located on Regent Street. The office will form a
Telefónica Digital set to move global HQ to Regent Street office
Real estate company, Mitsui Fudosan UK, and property developer, Stanhope, have completed the acquisition of London office space. As part of the joint venture (90 per cent/10 per cent), the firms have purchased property located at 70 Mark Lane for around Â
Firms complete £19.5m London offices as part of joint venture
Marketing research firm Medimix Europe is set to move its European headquarters, and relocate to offices in London. The company, which provides market research data to the healthcare sectors in Africa, the Middle East and Europe, will take up the office a
Medimix Europe relocates headquarters to London office