Facing a rent review can be a stressful time for companies and organisations, particularly in London, where rents have been unstable in recent years. There are hundreds of tenants whose landlords are preparing rental uplifts and instructing their own advisors to force through unfair increases, so understanding your rights and...
21st December 2017
London office investment transactions totalled £4.8 billion at the end of Q3 2017, which equates to a quarterly increase of 51%, and a 64% increase on a similar period last year, when investment levels stood at £3.2 billion and £1.7 billion. Fraser Williams, Director at Morgan Pryce, explains; “Foreign money...
20th December 2017
One of the most iconic locations in Mayfair, Grosvenor Street has sold one of its prime sites -– number 10 has been acquired by a Hong Kong real estate tycoon for £152 million. Number 10 Grosvenor Street is located in London’s West End, sitting beside many corporate offices and some...
18th December 2017
Any companies looking to occupy a D1 premises know the struggle of finding suitable space. This does not just involve the same search process office occupiers go through, the space must also come under the planning use class D1, which refers to premises that have been marked for medical or...
9th December 2017
The West End sub-market has seen huge take up in the office sector in the last quarter, totalling over 1.62 million sq ft – a new record. Over 850,000 sq ft was acquired in the area during September alone, bringing the total acquisition for the year so far to 3.99...
4th December 2017
The serviced and co-working market has boomed in recent years, with companies looking for flexibility on lease terms, fitted-out spaces, and all-in cost solutions for running offices. This drive has been led by young and start-up tech companies wanting modern, well-designed schemes, usually in fringe locations far from the corporate...
1st December 2017