Based on the performance of commercial property over the last twelve months, 2014 is looking optimistic in terms of the UK commercial property sector. Morgan Pryce recently reported on London’s high – and increasing – take-up and rental rates, and given that the UK’s economy is at the beginning of...
20th December 2013
Economic forecasters have indeed been kept on their toes during the last few years. It would be interesting to see who would have predicted over a 9% rise in commercial property rents over the last twelve months. These are precisely the figures provided by Knight Frank, which shows that rents...
19th December 2013
This year Morgan Pryce has run several articles focusing on Chinese investment in London, not only in terms of purchasing buildings already in existence, but investing in new schemes such as a Chinese financial district in the dockland area. Figures arising from research by carried out by Jones Lang LaSalle...
18th December 2013
The rise of the TMT sector post-recession has seen a number of changes to the property market, not least the areas of the market it has developed into. Clerkenwell, Shoreditch and further east in the fringes of the City are the areas the TMT sector is calling home, with the...
17th December 2013
The face of Soho’s Walkers Court is set to change, after the passing of plans by Westminster Council, despite myriad objections from local residents, societies and businesses.
16th December 2013
The mark that the banking and financial crisis, which began in 2008, has left on the UK’s capital is most notable in terms of property in the Canary Wharf district. Previously filled with banks and financial services companies, workers from the sector flooded in and out during the city’s rush...
13th December 2013
Many countries across the world are changing the way they deal with overseas investors who wish to invest on their shores. Restrictions abound in many countries, from requiring native sponsors or partners to set up business, to additional taxes on foreign investment. Some may be surprised that the USA falls...
11th December 2013
Investment from abroad continues to be imported when it comes to London’s high-level commercial property. As an example, the Kuwait company, St Martins Group, is to buy the ‘More London’ site for in the region of £1.7 billion next month.
10th December 2013
London’s property market is as tight as ever at the moment, and there is increasingly more and more interest in the market from foreign investors. One example is of the realty developer, Lodha Group, who are based in Mumbai are now looking to buy more properties in central London after...
9th December 2013
Twenty Eight Queen Street, which is due to open any day now, is Ventia’s thirteenth central London site since the company’s inception three years ago: not only that – it is also the company’s third acquisition of the year.
5th December 2013