Industry News

DeVono News

With the European debt crisis worsening, analysts at Bloomberg News have forecast that the value of commercial property in the United Kingdom  will fall by around 4.9 per cent next year. The National Institute for Economic and Social research have previ
Value of UK commercial property set to fall next year
The Punter Southall Group Limited, one of the country's lead actuaries, has announced that it has agreed a deal for the lease of new London office space. Located at 11 Strand, the office has recently undergone a comprehensive refurbishment - costing in th
Punter Southall agree deal for 35,200 sq ft of London office space
Private investment firm, GI Partners, has completed the acquisition of offices in London with partner Rowan Asset Management. The two firms have purchased Aldwych House for a fee thought to be £82.7 million. The purchase of the property has largely been
Investment firm completes purchase of £82.7m London office
Spanish bank, Banco Bilbao Vizcaya Argentaria S.A., has agreed a lease for new Canary Wharf office space - as part of an ongoing expansion. Located at One Canada Square, the company will occupy level 44 - which is composed of around 29,000 sq ft - having
Spanish bank expands with new Canary Wharf office
Property company, CLS Holdings, has revealed plans for a new £400m project that will see, if granted planning permission, the construction of 163,945 sq ft of London office space. As well as office space, the ambitious development project also features p
CLS reveal plans for Vauxhall development
Derwent London has unveiled plans for a redevelopment project that will see new offices in London created. The redevelopment - which will commence next year - will see around 265,000 sq ft of new office space created at the buildings located at 132-142 Ha
Derwent London unveils plan to create iconic office building
Trinova Real Estate have completed the acquisition of offices in London, for around £27 million. The offices, located at 155 Fenchurch Street, were sold to Trinova by the Palmer Capital Development Fund, in conjunction with Walbrook Land. Comprising 42,8
Trinova complete £27m capital office acquisition
A recent study has revealed that around three-quarters of businesses that own London office space feel that the upcoming Olympic games will show the city in a good light. Carried out jointly between the Confederation of British Industry (CBI) and KPMG, th
London businesses look forward to 2012 Olympics
A leader in the luxury home automation market, E-LIFE Home Automation has announced that it will relocate to a new London office. The company produce systems that allow homeowners complete control over lighting, heating, doors, gates, as well as audio and
E-LIFE make move to Knightsbridge office
A private investor has sealed a deal worth £16.55 million for offices in London. Located at 1 Bishopsgate, the offices were previously owned by LV= Asset Management and have undergone significant refurbishment - in the process, gaining a Ska Gold rating.
LV= sell capital office space for £16.55m