Pryce Morgan - 2018 February

Private members’ chain Soho House has confirmed a deal to proceed with plans to expand its empire with a new ‘Soho Works’ workspace, by taking up 85,000 sq ft at 180 The Strand in Central London. 180 The Strand is already a prestigious creative events venue, and with Soho House’s...

Contrary to the doom and gloom predictions for the commercial property market post-Brexit, according to Colliers International ¬transaction volumes in the sector reached an impressive £55 billion in 2017, mainly driven by in increased demand for trophy assets – with the ten largest deals totalling £5.5 billion compared to £3.1...

One of the first property stock exchanges in the world, Property Partner has announced plans to give investors the opportunity to buy shares in commercial properties directly using its online platform. Company sources have explained that although commercial property investments in the UK have an impressive market value of £486...

Brookfield Asset Management and Canadian private equity firm Onex Corp have backed out of talks to buy serviced office provider IWG, sending shares in the company down by nearly 16%. In December 2017 it was announced that, in a joint venture, the companies had made a proposal for IWG in...

200 Aldersgate, a familiar London multi-let office building located near Farringdon Station has now been sold by Ashby Capital, the property investment advisory company. All 434,000 sq ft has been acquired for an astonishing amount of £320 million by Samsung SRA asset management. Eugene O’Sullivan, Managing Director at Morgan Pryce,...

London’s celebrated skyline, famous for icons such as ‘the Gherkin’, ‘the Walkie Talkie’ and ‘the Cheesegrater’ could be set to become more celebrated still, as rumours swirl around plans to build a huge spherical new venue in East London, nicknamed ‘the Golf Ball’. Some early designs suggest that the Madison...

Although take-up in the UK for Q4 2017 was in some ways stronger than predicted post-Brexit, total take-up for the year only reached 3.1 million sq ft, which represents a 23% decrease from 2016 and a 14% decrease on the 10-year average. These relatively weak figures are undoubtedly the result...