The first quarter of 2017 saw vacancy rates in the Central London office market rise considerably. The impact of a high volume of second hand space, along with the delivery of new major developments such as Angel Court Tower, has driven up the amount of space available. Morgan Pryce has...
30th May 2017
Morgan Pryce has recently completed on 3,500 sq ft of prime space in the heart of Covent Garden, on behalf of a multi-national media company. The space, which has recently been refurbished to a CAT A standard (fully accessible raised floors, air conditioning, concierge service, and security), was agreed on...
26th May 2017
London is full of a variety of submarkets, all offering different products for office spaces with their own advantages and disadvantages. Factors such as your “company culture” can have just as big an influence on the locations you consider as your budget. Companies with younger staff tend to prioritise trendy...
25th May 2017
NatWest Bank has initiated a new lending process for small time commercial property developers and investors. Individual, private property investors will now potentially be able borrow up to £2m in a matter of minutes through credit approval decisions.
22nd May 2017
Laser House, a former printing works and gin distillery situated at 132-140 Goswell Road in the heart of Clerkenwell, is due to be redeveloped by General Projects, in partnership with Northern and Midland Holdings, who purchased the buildings in 1991.
19th May 2017
The new trend of co-working spaces has exploded on an international level in every central business district of the world. WeWork, being one of the major players in the market, now holds 168 office locations in 43 different cities.
17th May 2017
Immediately post the Brexit referendum, there was much speculation regarding the effects the vote would have on the property market. However, as the dust has settled and the market has stayed relatively stable, speculation has turned to the impact of the upcoming election.
15th May 2017
In April 2016, Mountpark completed the biggest ever UK deal for an industrial unit – 1m sq ft in Bardon, Leicestershire sold for £126m to a Korean private investor. The unit was let to Amazon and represents a yield of 4.5%. This deal demonstrates the significant interest from Asia in...
11th May 2017
St James Square, London, is notorious for having achieved the highest rental level for office space in the city – £185 per sq ft for the top floor of number 7-8.
10th May 2017
Since the much anticipated and discussed BREXIT hit the UK, everyone has wondered what will happen next and how it will affect the commercial market.
8th May 2017