The change in permitted development rights that now allows landlords to convert office space to residential space was implemented in order to ease the housing crisis in London. However, an unpredicted consequence of the amendment has been an increasing shortage of offices. Companies suffering the most from this lack of...
30th June 2016
A report commissions by Office Space in Town has predicted that the UK serviced office could be worth a staggering £126 billion by 2025. The report, carried out by professors and academics from leading British Universities, suggests that the sector’s value could increase anywhere from £62 billion to an optimistic...
28th June 2016
Overall investment volumes in UK real estate were down just under 40% in Q1 2016 compared to Q1 2015. According to Morgan Pryce's Director Fraser Williams, “The central London office market has also seen a slow down over the last year in terms of investment and uptake, with rental levels...
20th June 2016
Last month saw a number of large investment deals, highlighting the strength of the London commercial market in spite of the prevailing economic and political concerns.
17th June 2016
A lot has been hypothesised about the positives and negatives of a potential Brexit but reality is now starting to bear hard on new enquiries for office space in the nation’s capital. A sure sign that the spectre of Brexit has now moved closer to reality as poll results narrow...
14th June 2016
The effects of recent, huge advances in technology advancements can be clearly seen in the way office spaces are changing. They used to be the place everyone came to work, however the rise and benefits of remote work means that this is no longer the case. As more people...
13th June 2016
As an iconic business district that has traditionally been a financial epicentre in London, Canary Wharf has always seen a different growth pattern to the other areas in the city. This is predominantly due to a lack of range in the occupiers that elect to locate their businesses on the...
7th June 2016