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May 2015

14-year low in available central London office space

The latest report from CBRE indicates that the first quarter of this year has been strong in terms of take-up for office space in central London.  The figures show the highest level of first-quarter office space take-up for five years, amounting to 3.1 million square feet being accounted for in...
29th May 2015

39 Victoria Street

39 Victoria Street is a prime office block located a few minutes’ walk to St James’s Park underground station and the House of Parliament and is soon to be the residence of our MPs. The building contains 88,500 sq. ft. of office space over nine storeys and some retail space...
28th May 2015

West One shopping centre up for sale

West One, the shopping centre situation above the Bond Street Tube station, is on the market for £240 million.  The site, on Oxford Street, amounts to around 0.75 acres, and has over 47,000 square feet of retail space, with an annual footfall of 18 million visitors. 
26th May 2015

Shaftesbury Success … What it comes down to?

Shaftesbury estate, a very well-known landlord in the Soho market as it owns the ever popular and famous Carnaby Street, along with many of the adjacent streets in the surrounding area. The estate puts its success down to the villages it has created. Harris – the head of marketing says...
22nd May 2015

City take-up on the up, still

A recent report by DTZ shows indications that take-up for offices in the City is 64% higher than at this time last year.  In terms of figures, this amounts to around 800,000 square feet, comprising in part Deloitte’s acquisition of 1 New Street Square (260,000 square feet), which is added...
22nd May 2015

Hammersmith’s Buoyant Market

Historically, the Hammersmith office market was shunned by the Core West End and behaved as its own separate market. The general feel of the area has always been rather grungy and provided lower quality space than the core markets, and the rents reflected this. However, over the last two years...
21st May 2015

Deloitte summer Crane Survey shows construction soaring in Central London

The summer Deloitte London Office Crane Survey 2015 has shown construction in the Capital growing by 24% in the last 6 months; the total space under development now totals 9.5m sq. ft., with 31 new developments adding 4.4m sq. ft. to the ever growing crane presence in Central London. 
19th May 2015

Mini–Village in the City

The development of the city is on the increase as the developers see the opportunity to add more character to an areas which was historically the home of more corporate environments like the finance industry and law firms. In comparison to the West End, the area is lacking in the...
18th May 2015

DTZ tie up mega deal

DTZ have confirmed a deal to acquire global Real Estate giants, Cushman & Wakefield, in a deal that will see both companies work under the Cushman banner. The company, owned by Italian billionaire Agnelli family, was put up for sale in February – it is expected that DTZ will pay...
15th May 2015

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