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Industry News | London Office Marketplace |
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Retail rent plea could spell danger for landlords | 31 March 2009
London’s landlords are being urged by the British Retail Consortium to renegotiate shop rental agreements, on the day that rents are usually paid ahead for the next three months.
At a time when ...
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London office market looking ahead to recovery | 26 March 2009
The commercial property market in London will likely recover before that in other European capitals, the MIPIM property conference in Cannes has heard. London recently lost its title as most expensive ...
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Free office space for foreign investors | 20 March 2009
London Mayor Boris Johnson has announced plans to attract overseas business to the capital. Addressing the Mipim Property Conference in Cannes, he promised foreign companies rent-free office space in ...
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London market 'to improve before Paris' | 19 March 2009
London’s struggling property market will pick up before Paris enjoys the same turnaround, a survey by a leading property developer shows.
Commercial property rates in London still have further ...
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Return to stability predicted for 2010 | 16 March 2009
Empty office space in central London will reach a peak in 2009 but stability will return in 2010 as the economy grinds back into action, industry analysts have predicted.Office space rent is likely to ...
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Drop in ITV revenue leads to London job losses | 06 March 2009
ITV has announced 600 job cuts after making a loss of £2.7 billion for 2008. Most of the losses will be made among ITV's London office workers.
The broadcaster has been badly hit by a reduction ...
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Vodafone cuts 'won't hit high street properties' | 26 February 2009
Mobile giant Vodafone has announced that none of its high street properties in London will be closing, despite reporting that it will be cutting around 500 jobs in the UK.Although it announced revenue ...
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Spending rise may impact retail property market | 23 February 2009
Official figures from the British Retail Consortium have confirmed that retail sales rose in January. Despite the recession, sales were up an impressive 3.6% on January 2008, and up 0.7% on December.& ...
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Rents fall in hedge fund knock-on effect | 19 February 2009
Rental fees for luxury office space in London declined by nearly a third in 2008. The drop is partially blamed on the ill fortunes of hedge funds which comprise many of this sector’s tenants.
A ...
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