INDUSTRY NEWS

DTZ headquarters set for Old Broad Street

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DTZ’s new European headquarters will be based at 125 Old Broad Street in the City of London, according to the latest reports. The global property services company will lease around 100,000 sq ft of office space at the scheme, which is located at the site of the old London Stock Exchange. No contracts are yet […]

INDUSTRY NEWS

Hammersmith gives Grove planning consent

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Hammersmith & Fulham Council has given consent to Development Securities (DevSec) to begin an urban redevelopment, consisting primarily of new offices at Hammersmith Grove, close to the Hammersmith & City Line underground station. The site is currently owned by Transport for London and is used as a surface car park. Under the proposed scheme, it […]

INDUSTRY NEWS

Shorter leases ‘becoming more common’

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Tough conditions in the property sector mean that shorter commercial leases are becoming more common, a new report claims. A study from The British Property Federation (BPF), released in alliance with the Investment Property Databank, states that the trend reflects a general downturn across property and commercial lettings in the latter part of 2006/2007. The […]