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April 2018

“London-centric” AlloyMtd searching for next London acquisition

“London-centric” AlloyMtd searching for next London acquisition

In a move that’s sure to silence some of the negative forecasts surrounding the commercial market in London as we continue to negotiate a deal with the EU, Malaysian developer AlloyMtd has announced its plans to find its next big project in the capital. The company is behind the 380,000...
26th April 2018
South Korean investor set to buy Cannon Bridge House in huge £250 million deal

South Korean investor set to buy Cannon Bridge House in huge £250 million deal

South Korean property investor Mirae Asset Management is set to acquire Cannon Bridge House in the City of London from private equity firm Blackstone for an impressive £250 million. The large scheme is comprised of approximately 283,000 sq ft, and is currently let to a variety of successful businesses including...
24th April 2018
Warehouse provider Tritax remains confident as Brexit negotiations progress

Warehouse provider Tritax remains confident as Brexit negotiations progress

 The last few months have seen commercial investment in London characterised by some uncertainty as the UK begins the process of leaving the EU. That, coupled with the huge boom in online shopping, has led some experts to speculate that the commercial market in the capital may be heading for...
19th April 2018
Year-on-year demand for London office space up by 76%

Year-on-year demand for London office space up by 76%

According to data from leading real estate advisor CBRE, office space under offer in London rose by 3% in February to 3.7 million sq ft. This is markedly ahead of the 10-year average of 2.8 million sq ft and represents an impressive year-on-year increase of 76%. At the end of...
17th April 2018
Unilever insists decision to make Rotterdam main HQ is not related to Brexit

Unilever insists decision to make Rotterdam main HQ is not related to Brexit

Anglo-Dutch consumer goods giant Unilever has confirmed the momentous decision to make its site in Rotterdam the main company HQ. The huge global group has been based in both Rotterdam and London since 1929, and this surprising move has been seen by many experts as a serious blow to London’s...
13th April 2018
IWG recognises market upturn with huge London expansion

IWG recognises market upturn with huge London expansion

After a challenging 2017, in which a slower market and uncertainty over Brexit caused company profits to fall by 14%, office space provider IWG has met 2018 head on with some innovative new options for expansion and growth, and is planning to spend £190 million on 230 offices in the...
11th April 2018
Grosvenor Landlords – Serviced Offices

Grosvenor Landlords – Serviced Offices

Grosvenor Britain & Ireland has decided to break into the serviced office market. The firm has partnered up with Central Working, a serviced office provider, to launch their debut site in Belgravia in the near future. Grosvenor’s 80,000 sq ft Eccleston Yards development located in Belgravia was recently acquired by...
9th April 2018
WeWork continues London takeover with talks to rent space from Debenhams

WeWork continues London takeover with talks to rent space from Debenhams

After a somewhat slow 2017, many high street retailers have been cutting down on space and saving costs by closing stores and partnering with or renting out surplus space to other companies, such as restaurants and gyms. UK high street favourite Debenhams has announced that it will be next retailer...
6th April 2018
The Trocadero may be resurrected as plans for significant developments are approved

The Trocadero may be resurrected as plans for significant developments are approved

Sitting between Leicester Square and Piccadilly Circus, the Trocadero is certainly an architectural icon for tourist London, yet it has a surprisingly unfortunate history and has long suffered from a high turnover of owners and purposes. However, things could be looking up for the prestigious property, as current owner Criterion...
4th April 2018

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