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Exclusive News Articles

At Morgan Pryce we believe a key understanding of what drives the property market is essential to secure good deals for tenants. Therefore, our Agents and Researchers provide regular opinions and insights on the Commercial Property Industry.

Most SMEs seek sub-three-year office leases or serviced offices

Most SMEs seek sub-three-year office leases or serviced offices

It is well-known that the UK economy is heavily reliant on SMEs to support economic growth and the British currency.  Now, almost three-quarters of SMEs in the country are seeking office lease terms of less than three years. Indeed, shorter leases have become increasingly popular during 2017, and are now...
17th January 2018
Woking Council completes on £72 million Dukes Court deal

Woking Council completes on £72 million Dukes Court deal

Woking Borough Council has completed a major purchase, spending £72.35 million on the Dukes Court office complex in the town centre, just three years after the original purchase was made by Ærium and NorthStar Realty Europe for £61.5 million. The Dukes Court office complex consists of an astonishing 224,000 sq...
16th January 2018
Midtown office take-up

Midtown office take-up

Midtown is the area of London between the City and the West End. It includes submarkets such as Holborn, Chancery Lane, and Bloomsbury. Historically, it has been a popular location for solicitors to set up offices due to its proximity to the courts. However, as more occupiers branch out from...
12th January 2018
Quidnet offers property with a price tag of £25.7 million-plus

Quidnet offers property with a price tag of £25.7 million-plus

The Astral Towers office building in Crawley has officially been brought to market. Quidnet Capital, the current owner of the office scheme, is seeking offers in excess of £25.7 million, and real estate giant Knight Frank has been instructed for this major office disposal. The building comprises 118,000 sq ft...
11th January 2018
Brexit hitting London hard

Brexit hitting London hard

Brexit is causing a time of uncertainty for Britain. A survey of more than 800 real estate professionals has indicated that London is now officially ranked among the European cities with the worst outlook for 2018. According to Urban Land Institute and the European Real Estate Report, which compares 31...
8th January 2018
Murray calls for more cash for London homes

Murray calls for more cash for London homes

According to recent parliament debates between the Conservative and Labour parties, London is in the midst of a housing crisis. James Murray, London’s Deputy Mayor for Housing has asked the government to take action and “step up their game”. Murray has also requested an increase in investment and affordable housing,...
4th January 2018
Rent Reviews

Rent Reviews

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
In just one year, London office investment is up 64%

In just one year, London office investment is up 64%

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
Hong Kong investor buys 10 Grosvenor Street for £152 million

Hong Kong investor buys 10 Grosvenor Street for £152 million

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
B1 to D1 usage

B1 to D1 usage

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

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