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May 2013

A new Chinatown for London?

Despite London often feeling at capacity both in terms of population and office space, a Chinese company has spotted potential for development with a very particular kind of occupier in mind: Chinese businesses and financial firms. The area earmarked by ABP (Advanced Business Park) for the 3.2-million-square-foot  complex is an...
31st May 2013

Canada and Crown combine forces in West End

The West End continues to thrive and demand the highest rents in terms of retail and office space in the capital. Set to take advantage – and add to – this is the combined investment of The Crown Estate – essentially the Queen’s property company – and a Canadian retirement...
30th May 2013

Lord Alan Sugar’s Mayfair office block sells for a £50m* profit

Lord Alan Sugar, the star of the apprentice has now sold his West end office block, situated in Oxford Circus which has been reported to have made approximately £50million profit. The property which is owned by Lord Sugar’s property company, Amsprop Estates has been offered almost £80 million from a...
30th May 2013

A recent completed acquisition by Morgan Pryce

Morgan Pryce recently completed an acquisition of 1,250sq ft of office space in the heart of Moorgate of the city. The current tenant occupying the space was offering a sublet of 3 years to July 2016 for an extremely low rent. After a handful of negotiations Morgan Pryce managed to...
29th May 2013

West End Occupiers moving East

The most expensive area to lease an office in London is in the West End. This has caused many companies to up ship and set up an office further East. For Media Company’s the trend is to be in either Clerkenwell or Shoreditch in a converted warehouse with wood floors...
28th May 2013

Midtown strides ahead of market

The burgeoning TMT sector is no better demonstrated than by some of the actions by certain companies in London over 2012: LinkedIn, Skype, Warner Bros, all of whom have either taken new offices or renewed the leases on their current premises.  Internet-based businesses such as LinkedIn can, in the space...
24th May 2013

Ayzenberg Group expands its offices to the UK

Ayzenberg Group, which is one of the largest advertising agency providers on the US West Coast, is now expanding its services and acquiring offices in London, partnering with the brand design firm, Holmes & Marchant.
23rd May 2013

London’s pre-let space proving popular

Thing are changing in the capital’s commercial property market. Whereas two or three years ago it was proving almost impossible to tempt tenants to sign up to a pre-let agreement before a building was complete (indeed, often for some time after the building was complete), news now is that in...
21st May 2013

Positivity escalates as construction picks up pace

Commercial development is up 8% over the last six months, with 9.7 million square feet of office space currently under construction. Researchers have observed figures in relation to pre-let space for office spaces that are under construction rising to 33%, which highlights the confidence investors and occupiers have in the...
20th May 2013

What really is media space?

With the TMT sector booming in the current market the demand for ‘quirky’ media space has gone through the roof. So what do people mean when they are looking for a media style office? The stereotypical media office these days is a converted warehouse consisting of exposed brick work, wood...
19th May 2013

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