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February 2017

London office market favouring tenants over landlords

London office market favouring tenants over landlords

The central London office market has seen a marked shift in the nine months since the exit referendum in June 2016. Tenants looking for space throughout the capital are acquiring greater incentives, through rent-free periods and rental reductions, with areas such as the City and Victoria hitting landlords particularly hard.
22nd February 2017
Great Portland Estates Sells Prime Asset – Rathbone Square

Great Portland Estates Sells Prime Asset – Rathbone Square

Great Portland Estates (GPE) has sold its prime, mixed-use development, Rathbone Square (located at Rathbone Place, Fitzrovia, W1 in London), for £435m. The asset has been sold to Rathbone Place Jersey Ltd – which is owned by Germany’s WestInvest Gesellschaft Für Investmentfonds and Deka Immobilien Investment – at a yield...
17th February 2017
Successful acquisition in Southbank

Successful acquisition in Southbank

Morgan Pryce has successfully completed on the acquisition of a self-contained B1 office near London Bridge. The space provides street level advertising and an entrance that can be branded to meet the client’s needs. As this particular occupier is client facing and often has meetings onsite, it was important they...
16th February 2017
1 Leadenhall scheme given the go ahead

1 Leadenhall scheme given the go ahead

The City is set to see another trademark tower space after news that Brookfield Property Partners’ 1 Leadenhall Street scheme was granted planning permission. The building will provide 538,000 sq ft of prime office space, as well as 51,000 sq ft of retail space; there will also be a terrace...
6th February 2017
Deals being done in Soho

Deals being done in Soho

A large, 23,000 sq ft building has just been sold off-market in Soho. 13 Great Marlborough Street currently houses Sony Interactive Entertainment and was bought by Qatari Investment for £30.5m. This transaction was completed with a yield of 3.3%.
3rd February 2017
Delancey & Sandaire combine forces

Delancey & Sandaire combine forces

Delancey Real Estate Asset Management Ltd is a British property development company with an experienced and longstanding investment advisory team, perhaps best known for jointly purchasing the Olympic Village used in the 2012 Olympics. Currently based in Marylebone, London and Singapore, Sandaire is an investment office that delivers tailored investment...
1st February 2017

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