Industry News  |  November 2007

DeVono News

Great Portland Estates (GPE) has agreed a deal to sell the long leasehold at office space in London to a joint venture between two companies - Aerium Finance Limited and Allied London LLP. The office premises, located at 28 and 29 Savile Row, has been pur
Great Portland Estates sell London offices
Saudi Arabian group, Manafea Holding Co. has completed the acquisition of offices in London from real estate firm Warburg-Henderson. The two parties have agreed a deal worth in excess of £80 million for the property located at 3 Bunhill Row in central Lo
Saudi investor purchases £80m London offices
A recent report released by real estate firm BNP Paribas has displayed that the development of London office space has increased during 2011. The figures featured in the report, entitled 'The BNP Paribas Real Estate RADAR London', have shown that there w
Rise in amount of London office space developed during 2011
Rail stations located across the capital are set to see the creation of London offices. The temporary offices will vary in size depending on the station and are set to be created as part of a joint venture between The Office Group and Network Rail. Networ
Major capital rail stations set to see creation of office space
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