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March 2019

Derwent London completes sale of Premier House for £50 million

Derwent London completes sale of Premier House for £50 million

Derwent London has sold its 60,700 sq ft site at 10 Greycoat Place in Victoria for £50 million, reflecting a 10% increase on its December book value. The premises was previously fully let to IWG, but the lease ended at the beginning of March and Derwent has since been conducting...
15th March 2019
New report shows that London remains first choice for global business hubs

New report shows that London remains first choice for global business hubs

A new report carried out by the City of London Corporation and the City Property Association has found that, despite Brexit uncertainty, businesses continue to see London as the first-choice location for global teams – predominantly due to the city’s international reputation for collaboration and innovation. The survey of over...
13th March 2019
Apple increases presence in London with new Battersea Power Station HQ

Apple increases presence in London with new Battersea Power Station HQ

Global technological juggernaut Apple has confirmed plans to establish a London headquarters at Battersea Power Station in 2021. In the meantime, the firm is due to take up another 15,000 sq ft at 40 Argyll Street in the West End, where it already rents some space, which will facilitate expansion...
11th March 2019
House of Commons signs 20-year Dartmouth Street lease

House of Commons signs 20-year Dartmouth Street lease

The House of Commons has signed a 20-year lease for 53,000 sq ft of office space at 21 Dartmouth Street, SW1. The offices, which are located in close proximity to the Houses of Parliament, are owned by global real estate investor and developer Quadrum Global, who bought the space as...
7th March 2019
St James’s Market Partnership details phase two of its redevelopment scheme

St James’s Market Partnership details phase two of its redevelopment scheme

The St James’s Market Partnership has released details of its proposals for the second phase of the St James’s Market regeneration scheme. The Partnership, which is a joint venture between The Crown Estate and Oxford Properties Group, has revealed that phase two of the redevelopment will focus on turning the...
5th March 2019

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