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Industry News  |  April 2008

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Asset management firm Blackstone is rumoured to be interested in buying Aon's flagship offices in London for a fee of £330 million. The London office building, located at 8 Devonshire Square, is currently owned by the Abu Dhabi Investment Authority and R
Blackstone interested in London offices at 8 Devonshire Square?
Prestigious French fashion house Chanel has agreed a deal to rent office space in London. Located at 158/159 New Bond Street, Chanel will take up 20,000 sq ft of office space, according to an article published by CoStar UK. The offices, which sit above th
Chanel set to take up New Bond Street offices
Plans have been unveiled by The Crown Estate to redevelop three separate sites in the St James's area of London. The redevelopment scheme, which has been titled St James's Market, is set to provide around 200,000 sq ft of London office space - located on
The Crown Estate unveils St James's redevelopment plans
British Land is set to award a contract to construct new London offices to McLaren Construction, according to an article published by Construction Enquirer. McLaren is said to have beaten competition from the likes of Bam Construction and Wates for the co
McLaren Construction set to be awarded London office contract
Multinational construction and development company,Skanska has been appointed by AXA Real Estate and MPGA to construct new offices in London. The 16 storey development at 6 Bevis Marks - which has been designed by Fletcher Priest -  is set to cost £115
Skanska appointed to work on 6 Bevis Marks development
Barratt Developments and British Land are working together to acquire land that has received planning permission for around 850,000 sq ft of London office space. The two acre site, located at 1 & 2 Aldgate Place, is currently owned by real estate firm
Barratt Developments and British Land team up in attempt to secure Aldgate Place site
Real estate fund manager, F&C REIT Asset Management, has put one its London office buildings on the market, according to an article published by CoStar UK. Located at 5-11 Regent Street, Charles House features 36,847 sq ft of office space. It also fe
Regent Street offices put on the market
The refurbishment of Japanese developer and property investment firm Kajima's office space in London has been completed. Originally a post-modern office building purchased by Kajima in 1989, Grove House, situated on the corner of Marylebone Road and Lisso
Refurbishment of Grove House completed
Malaysian fund management firm, Permodalan Nasional Berhad (PNB), has completed the acquisition of two major London offices in a deal thought to worth around £500 million, according to an article published by the Telegraph. PNB has purchased One Exchange
PNB completes £500m acquisition of capital offices
Construction has commenced on new London offices located at 5 Broadgate which will, when completed, become the headquarters of Swiss bank, UBS. Owners of the site, Blackstone and British Land, were joined at a ceremony to mark the start of the constructio
Work begins on UBS's new London HQ