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September 2013

The Serviced Office Option

Serviced Office Group Plc, now the second-largest serviced office provider in the UK after Regus, since its purchase of rival Avanta in July of this year, has reported higher revenues for the first half of this year, although its profits were damaged by opening a new location. 
26th September 2013

A revamp for Victoria (or, Victoria’s Secret)

The continuing and consistent popularity of the West End has kept prices high over the last 12 months. Added to this is the trend for turning the old, grand residential houses, which have been used as offices for years, back to luxury properties for the wealthy – who are often...
25th September 2013

Google’s charge on the capital continues

Google’s charge on the Capital continued last week as their attentions turned to the town hall in Camden. Google, paired with Argent have lined up an initial bid for the 100,000 sq ft town hall and council offices, which sits opposite St. Pancras station. Google and Argent are already working...
24th September 2013

Possible Sale of Heron Tower?

One of the UK’s highest skyscrapers is facing possible sale by the bank that financed the project, which was completed in 2011. The building has failed to let to the expected extent, being only 59% occupied at present.  Heron Tower is 46 storeys high and is situated close to Liverpool...
23rd September 2013

Investor appetite continues to increase for Central London offices.

We have already seen property investment yields fall in non-core markets, a year ago we were seeing prime yields outside the core at around 5% those yields have come in by 25-50 basis points to 4.5-4.75%. There are two factors that have contributed towards these movements of yields. 
20th September 2013

Developer places bets on insurance sector

London’s skyscrapers may shortly be gaining a new companion. In the vicinity of the City’s financial district, and near to the recently completed tower at 20 Fenchurch Street, also known as the Walkie Talkie, the new building would be approximately the same height as its neighbour, at 600 feet tall. 
19th September 2013

Nike’s headquarters in London

When assisting clients who are moving to a new office, Morgan Pryce recognises the need for the company to put its mark on the site. A regular requirement of a client is a space that has a style that represents who they are, and if they can’t find a building...
17th September 2013

The Economic sentiment is having an effect on the London office market.

Economic sentiment is improving and we have seen that shown by a number of indicators this quarter, particularly in the positive GDP result for Q1 and most recently in the latest PMI survey, which suggested that service activity is growing at its fastest pace for 2 years. These are some...
12th September 2013

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