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August 2017

New development in EC3

New development in EC3

Urbanest has recently announced details of its latest development, on Vine Street in the City of London, which will be a mixed-used scheme consisting predominantly of student housing and office space. A unique aspect of the scheme will be the centre point of the exhibition space on the ground floor...
31st August 2017
Churchill House sold for £25.9 million

Churchill House sold for £25.9 million

Churchill House, located at 142-146 Old Street, is a building in the heart of London’s tech district comprised of office space arranged over basement, ground to fifth floors. The building was constructed behind a retained façade and is also known as Capital House.
30th August 2017
Global office construction to hit 700 million sq ft by 2019

Global office construction to hit 700 million sq ft by 2019

By the end of 2019, the total office construction planned is equivalent of five cities worth. A staggering 700 million sq ft of new space is set to be completed by 2019. Equal to the total amount of space currently in the London, Washington, Dallas, Singapore and Shanghai markets. Asia...
29th August 2017
John Lewis considers joining the serviced office revolution

John Lewis considers joining the serviced office revolution

Retail giant John Lewis is considering the option of using some of its surplus spaces located across the UK as co-working or serviced offices – either by collaborating with an existing serviced office provider, or launching its own brand.
24th August 2017
Two new tenants take space at Angel Court’s new development

Two new tenants take space at Angel Court’s new development

Stanhope and real estate development partner Mitsui Fudosan have completed two further lettings at their newly-developed City of London office scheme. This will bring the new scheme, Angel Court, to 50% let. Investment consultancy Redington, and Members’ Club, The Clubhouse are the latest and most recent occupiers to sign up...
22nd August 2017
City acquisitions show foreign investors taking development risks.

City acquisitions show foreign investors taking development risks.

Brexit has brought uncertainty and doubt to British society, but for foreign investors, it is offering an array of opportunities. Many City and West End office buildings have been bought by Chinese investors, while a private Hong Kong investor has acquired an office building in the City of London from...
21st August 2017
Wood Wharf

Wood Wharf

For a long time, Canary Wharf has been considered a corporate-only zone. Once you leave the tube station, you are instantly immersed in a sea of grey and blue suits. This has been off-putting for creative companies, as having an office here would be the wrong look for their firm,...
18th August 2017
Dunn’s Hat Factory sold

Dunn’s Hat Factory sold

Dunn & Co was founded in 1997 by George Arthur Dunn, who started selling hats in Birmingham. 40 years later, the company had 200 hat shops and as many franchises in other stores. The Dunn’s Hat Factory on Kentish Town Road, Camden, was one of several factories used to build...
16th August 2017
Jermyn Street

Jermyn Street

The rise in demand for serviced offices is frequently discussed, and both seen as a reaction to the uncertainty caused by Brexit and the new and improved options available with companies like WeWork entering the market. Unfortunately, this popular office solution tends to come with a hefty price tag that...
14th August 2017
Office take-up in Central London on the up over 10 year period

Office take-up in Central London on the up over 10 year period

Take-up of office space in Central London has increased by 30% to £3.3m sq ft in Q2 of 2017 – circa 6% above the 10-year average. Demand and take-up has been consistent across Central London, with take-up in the City, West End and Southbank increasing. Co-working providers have also been...
9th August 2017

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