First Property Group and Fund Manager and Investor Ben Habib have put together a £30 million special reserve from two Oxford and two Cambridge university colleges. First Property Group’s Shipbuilding Industries pension scheme’s funds and money reserves were enlarged to a staggering £170 million from £125 million last year, as...
27th June 2017
US serviced office giant, WeWork, has agreed to take 280,000 sq ft of the 300,000 sq ft site at Almacantar’s Two Southbank Place, making it one of the biggest offices they hold in London.
26th June 2017
Dual agency, or ‘double dipping’, is when an agency acts on both sides of the transaction. For instance, they will be acting for the landlord letting a space as well as for the tenant acquiring the space. The problems this causes lead to the surveyor being unable to act in...
23rd June 2017
Marlet Property Group has collaborated financially with M&G Investments, and together they have appointed leading real estate firm Savills (London headquarters) to sell and dispose the Dublin Living portfolio. This is a significant move, as Dublin Living is the largest ever portfolio of private sector properties in Ireland. Savills has...
20th June 2017
Morgan Pryce, a chartered surveying firm that specialises in advising tenants in central London on leasing office space, development projects, and purchase and sales, continues to hold its impressive 100% success rate for the Assessment of Professional Competence (APC).
19th June 2017
WeWork holds a staggering 181 office locations in 47 cities, establishing it as a major league player in the real estate industry. The company has now taken on an additional 72,000 sq ft in the Vivo Building to add to its empire. The new location will be the firm’s second...
15th June 2017
As the cost of living in London has increased, forcing much of the workforce to move and commute from further afield, the desirability of Waterloo has continued to grow, because it provides great transport links to outside London, and out of towners who come into Waterloo station don’t need to...
14th June 2017
Due to recent political events, such as the Brexit referendum and election, only 1.15million sq ft of speculative development was announced in 2017', compared to 4.7million sq ft in 2016. This is a substantial drop. “The market is changing, people don’t want to revert back to 2008”; explains Eugene O’Sullivan,...
13th June 2017
In 2014, Blackstone acquired St Katherine Docks – located in the eastern City fringe of Central London – as part of the firm’s £448 million purchase of the Max Property Group, and sought to add value through a series of refurbishments and lettings.
8th June 2017
The square mile which makes up the City of London is renowned for its blend of historic listed buildings and innovative modern structures, and three new skyscrapers are currently under construction which will contribute to the city’s already iconic skyline: 22 Bishopsgate, 100 Bishopsgate, and The Scalpel.
6th June 2017