January 2013

The events we have seen recently in the capital, such as the Olympics and Jubilee celebrations, contributed in 2012 towards the world’s image of London as a cultural, international, and vibrant city. This kind of popularity, combined with London’s historic influence in terms of international finance, comes at a price,...

Due to the large regeneration of the King’s Cross and St Pancras stations the area has become an increasingly popular office destination. The area benefits from excellent underground connections on the Victoria, Northern, Piccadilly and Circle lines as well as improved connections from the newly renovated King’s Cross and St...

Since the European economic crisis, foreign investors have been predominantly investing in London, and London alone. Investment has been concentrated in offices in Central London, this market being considered the safest option. But recent research dispels this theory, and is now showing that there are equally good investment opportunities across...

It is expected that Nick Boles, Planning Minister, will shortly be unveiling proposals to streamline the planning process by, once again, seeking to introduce new Permitted Development Rights enabling the change of use of offices into residential without the necessity of obtaining planning consent. His objective is to jump start...

Offices in St James’s are highly sought after, St James’s being a location that is only a stone’s throw away from the ever popular and most desirable location of all, Mayfair. We, at Morgan Pryce therefore receive many requirements for the area of St James’s, and throughout the coming months...

The introduction of the Jubilee line completely transformed South Bank as it linked the area with the West End, the City and Canary Wharf and almost overnight seemed to bring it closer to Central London. Now, the area is seeing large redevelopment in the form of projects such as The...

Shoreditch is currently experiencing a ‘media boom’ in terms of office space. Traditionally Soho has been the hub for media firms starting out in the business but as rents continue to rise in Soho, and the effects of the recession still hang over many businesses, especially start-up companies, the latter...

Serviced office provider Ventia celebrates the arrival of 2013 with the addition of Eight St. Thomas Street, SE1 to its portfolio. Available now, with 65% of the space already let, the new London Bridge site is Ventia’s 10th acquisition in Central London since 2009.  Already a popular location for serviced...

As we shiver through January I was reminded that it's also the 50th anniversary of the coldest month ever recorded in the UK. That was the winter of 1962/3. Whilst there was no white Christmas, the country was blanketed in snow on Boxing Day where it lay that year on...

In 2013, there will be a surge of speculative development in Central London – this being a type of development that is conducted under the expectation that the building will become occupied upon completion, but without any formal commitment from an end-user.