December 2014

The controversial practice of ‘double dipping’ has been an industry standard for companies which do both acquisition and disposal. How does it work? An agent will act for both the landlord and the company searching, this means when the deal goes through they get a fee from both landlord and...

Post-recession London as a whole was given a nod to convert office to residential. The purpose of this? To get empty offices with smaller sized floor plates filled. This was very well received by owners as most property in central London is worth about 4x as much as residential in...

In a market as tight as what we are experiencing at the moment, new development is essential to add stock. Since the end of the recession we have widely seen a rise in development. Unfortunately, this may be coming to an end with the rise in development costs. 

4 Hardman Square, the 54,300 sq. ft. office space located in the Spinningfields Business District in Manchester, has been purchased by the Investment group Orchard Street for £31m from the German real estate fund, GLL Real Estate Partners. Manchester has been touted as the place to invest in outside of...

In an effort to modernise the Metropolitan Police, the freehold for ‘Ten Broadway’ otherwise known as New Scotland Yard was marketed by Jones Lang LaSalle; New Scotland Yard has been the headquarters of the Met Police for just under 50 years, sits on a 1.7 acre site and contains 600,000...

Oil giant Trafigura is said to be heading towards a deal that, if completed, will set a UK record for the highest rent paid. The company is based in the Netherlands and is the third-largest oil/precious metals trader in the world, and is currently located at Portman House on Portman...

Westminster Council has passed plans to create a ‘garden bridge’ over the River Thames, which will stretch from Temple to South Bank. Lambeth Council had already approved the scheme last month, and the permission from Westminster gives the go-ahead for the ‘unique’ feature, with just official consent from the London...

Mayfair, the most prestigious and arguably the most well-known part of London, thanks to the children’s board game Monopoly, is also one of the most expensive areas in the world for business to acquire office space in.  So what does it cost to have a slice of Mayfair? This can...

News in Europe isn’t all bad. Reports show that the Paris office market is bouncing back, with investment increasing nearly 40% year on year.   The analysis, carried out by Knight Frank, establishes that in the first three quarters of this year, transaction volumes rose to £8.62 billion with deal...

New York-based investment group Madison International Realty has entered into a deal to acquire 50% of the Houndsditch Estate in the Square Mile of the City of London. The remaining 50% is to be retained by TIAA Henderson Real Estate (TH Real Estate), from whom the 50% stake was bought....