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April 2015

Mitsubishi Tower

The Mitsubishi Estate Company (MEC) are a Japanese investor who became established in the UK in 1986 and are known for engaging in the leasing and development of real estate, dealing mainly with office buildings in the City and West End in central London. The MEC held a public consultation...
30th April 2015

UK Office take up on the UP

Office take up across the UK has hit record levels, not seen since 2001. Economic recovery and growing confidence nationwide has led to more companies taking up space, especially in Central London where there has been an 11% year on year rise, the most since 2000. Similarly, large Canary Wharf...
29th April 2015

West End Property Swap

15-17 Broadwick Street in Soho changed ownership from CBRE GI’s Pan Europe Core Fund to clients of the Deerbrook Group, and Charlotte House, 11-14 Windmill Street in Fitzrovia has changed ownership from Deerbrook to CBRE GI. 
28th April 2015

City reaching new heights

The city continues to rise pass everybody’s expectations with new building plans for more tower buildings and rents continuously hitting new heights. During this current office vacancy crisis, the City has been the area which has been least effect and had the highest vacancy rates across the board (still critically...
27th April 2015

South Bank catching up with West End office rents

A study by property firm Cluttons has shown the competitive nature of the London commercial property market; with Southbank new build rents hitting peaks of £62.50 per square ft., closing in on those achieved by West-End new builds (£65 psf). A lack of availability, cheaper rents on offer during the...
24th April 2015
Rental increases drive tenants towards London submarkets

Rental increases drive tenants towards London submarkets

An increase in rental levels, paired with a decline in available stock in the West End, has seen a large migration of tenants from West to East over the last year; more than half of tenants (of 10,000 sq. ft. and over) who moved over the last year left the...
23rd April 2015

Variety is the spice of life

We all remember the days when no one wanted to work in Shoreditch or Clerkenwell because why would you want an office with stripped floors, exposed brick and ceiling? These days, all the trend and converted warehouses are getting snapped up like a dime in a dozen. The move in...
22nd April 2015

Oxford sees record level achieved

Over 18,000 sq. ft. has been taken in Lothbury Investment Management’s Clarendon House in Oxford, the largest take up in space in the area in over 2 years. The letting is great news for the area, and shows the demand for regional office space, especially south of London. The deal...
21st April 2015

Possible new tenants for Cheesegrater

It has been reported via an interview with Paul Brundage of Oxford Properties, in Property Week, that the company is considering taking space in its own property, the Leadenhall Building, also known as the Cheesegrater. 
20th April 2015

Is The Climate Right For Refinancing?

Every week there seems to be another property company announcing its plans to refinance – what’s the reason behind this and is it the best time?
17th April 2015

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