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February 2015

New Plan for Goodsyard in Hackney

Late last year, a very controversial plan for the Goodsyard in Shoreditch was purposed. This plan included 1,464 homes and over half a million square feet in office space along with 215,000 sq. ft. in retail space. These plans are heavily opposed due to the height of the seven towers...
27th February 2015

Aldgate Tower tops up with new tenant

The 317, 000 sq. ft. Aldgate Tower development has been handed another boost with news that TAG Worldwide, the global branding services company, will be taking approximately 40,000 sq. ft. in the newly completed development. Formally, TAG Worldwide are the first tenant to commit to taking space. However, other major...
26th February 2015

Retail parks offered by Jersey-based HUT

Recently put up for sale is a significant proportion of the portfolio held by the Jersey-based Hercules Unit Trust (HUT), the UK’s largest specialist retail warehouse fund, managed by Schroder Property and advised by British Land. The trust was established in 2000 with the intention of acquiring and managing some...
25th February 2015

Regen interest in regeneration site

Cardiff-based Regen World is thought to be the frontrunner in negotiations for a site close to the Vauxhall gyratory. The Vauxhall Cross island location, near to Battersea Power Station, has planning permission for two towers made up of  residential and office space, with 31 and 41 storeys respectively. Planning permission...
24th February 2015
139 Piccadilly undergoing transformation once again

139 Piccadilly undergoing transformation once again

Number 139 Piccadilly was the former home of Lord Byron – Teresa Beatty a surveyor at Morgan Pryce, an avid ready of Byron, states ‘it is a grand mansion in which the romantic poetry which is loved by many today, was written.’ Unfortunately growing debt, scandal and rumours meant Byron...
23rd February 2015

Sales in Soho

Desperately needed commercial office space is seen to be coming to the market in Soho. Amazon Property who is predominately a residential developer is selling an office redevelopment in London’s West end.  The site 47, 48, and 50 Poland Street is estimated to be sold for a whopping £45 million...
20th February 2015

Pinnacle on the Lip of Axa

The stalled Pinnacle Tower development, 22-24 Bishopsgate, in the City of London is finally nearing a deal to further its construction. With development stopping in 2012, the Pinnacle Tower space was known throughout London as the ‘Stump’. However, developer Lipton Rogers and fund managers Axa are in advanced negotiations to...
18th February 2015

8 St James’s Square

A new refurbishment has been completed in St James and it is all the talk of town as it is being said to be the next record rent achieved in the St James area. With rent predictions as high as £150 per sq. ft. which match the height of rent...
17th February 2015

London hits record highs

London is again showing its strength as a global business hub. Take up of office space in the Capital is at its highest point since 2000, with approx. 15 million sq. ft. of space taken up in 2014 – leaps and bounds above the 10 year average of 13 million....
16th February 2015

Rental growth and the economy

As time goes on and the market tightens further, the landlords who have seen greatest rental growth in their office stock seem to have dollar signs in their eyes. Greedy landlords are more prevalent on the fringes of the central London office market due to these areas seeing the highest...
13th February 2015

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