December 2012

In this modern world how much difference does it really make where a company’s office is located? With internet speeds being so quick and available people can work anywhere, whether it’s in a coffee shop, a train or even from a bedroom. Most employees in the majority of industries have...

Recent evidence is showing that within London the office market is performing strongly, resulting in office values continuing to rise. This is unlike the rest of the United Kingdom where the office market remains relatively static. 

For some organisations, committing to conventional office space just isn’t an option, as this kind of space usually requires a long-term obligation as well as the typical office set-up costs – which is fine and expected, but may not suit a start-up company, or one which is only looking for...

One of London’s most exclusive areas is soon to have a new landmark, 10 Portman square. Designed by London-based architects Jestico + Whiles and located in London's West End, the building comprises 113,000 square feet of modern office space over eight floors. The development is due to be completed in...

According to a recent property survey, Hong Kong, with overall occupancy costs of £151.96 per square foot, is the world’s most expensive business location, followed by London which has an overall occupancy cost of £135.62. Tokyo was third followed by Beijing’s central business district.  

A major new development scheme is about to begin, adding a new set of offices in Old Street and contributing to the ‘Silicon Roundabout’.  The Old Street roundabout will be turned into a technology hub in a massive development that will cost over £50 million, and which it is hoped...

Canary Wharf Group and Qatari Diar are set to co-develop a 5.25-acre mixed-use scheme, which will include about 800,000 square feet of office space between Waterloo Station and Hungerford Bridge. Residential space will amount to 800,000 square feet while there will be a further 80,000 square feet of new retail...

Azerbaijan has recently completed its debut deal in Europe, paying £177 million for a Central London office block. The building is let to HSBC bank until 2023 and consists of 188,600 square feet in the upmarket St James district.

Research compiled by Jones Lang LaSalle has established that the number one investor in office property in the City of London is the Asian investor. This section spent about £1.77 billion on office buildings this year which equates to more than a quarter of the total invested. Since 2010 London...

A £400-million deal is about to be made by the government of Kuwait to acquire the Bank of America’s European headquarters. No office transaction of this size has been made in England since the start of the financial crisis and this could be a prominent sign of recovery.