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Industry News | London Office Marketplace |
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Overseas investors still buoying property market | 07 May 2010
The London commercial property market continues to experience growth, thanks primarily to the interest of overseas investors. Prime property values in the capital rose by 1.3 percent in April and are ...
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Regent Street block bought by Swedish billionaire | 04 May 2010
Stefan Persson, the owner of H&M, has bought a block of retail and office space on London’s highly desirable Regent Street for £225 million. Property investment group Delancey purchase ...
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UBS nears deal with British Land | 01 May 2010
REIT British Land is close to agreeing a new deal for Swiss banking giant UBS to stay on at the Broadgate estate, home to almost 4 million square feet of London office space, retail and leisure accomm ...
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Over £3 billion worth of London commercial property is up for sale in the City, a report has found. A period of first stabilisation and then sharp growth has prompted many companies to put their ...
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Deka makes offer for Drapers Gardens | 22 April 2010
German fund manager Deka has made an offer for the Drapers Gardens scheme in the City. The development, which comprises almost 300,000 square feet of prime London office space, is currently home to ...
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Tony Blair's London Offices for Sale | 17 April 2010
The property containing former prime minister Tony Blair’s rented office space, 9 Grosvenor Square, is up for sale. Mr Blair uses the offices, at an estimated cost of £550,000 per annum, i ...
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Early recovery for London property | 13 April 2010
London’s commercial property market has experienced an unexpectedly swift recovery, some nine months earlier than expected, a new report suggests. Although the research cautions against extrapol ...
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Aviva snap up Strand property | 08 April 2010
Asset management company Aviva Investors, part of the Aviva insurance Group, have bought 111 The Strand from German property company IVG. Aviva paid £35 million for the long leasehold on the pro ...
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British Land's lettings rise | 06 April 2010
British Land, one of the largest property developers and investors in the country, have announced they have secured almost half a million square feet of new lettings since February. In total, tenants ...
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Shell move to Canary Wharf | 03 April 2010
Royal Dutch Shell looks set to relocate to Canary Wharf while its current headquarters are redeveloped. The move, which is expected to take place next year, will see the petrol giant take up a ten-yea ...
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