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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.

Away goes international with new Seven Dials store

Away goes international with new Seven Dials store

Following hot on the heels of popular Dutch eyewear brand Ace & Tate which recently launched its debut UK store at 10 Earlham Street, Shaftesbury has secured an impressive 3,000 sq ft space next door to be the first permanent international store for New York-based travel brand Away. Away has...
9th October 2018
Square Mile market receives significant boost from Investec

Square Mile market receives significant boost from Investec

Following months of negotiations, Beltane Asset Management and Angelo Gordon have secured a pre-let at 55 Gresham Street in the Square Mile to asset management giant Investec. The firm is set to take up all 121,600 sq ft of the prestigious space, and will move in once redevelopments have been...
5th October 2018
Chancerygate increases portfolio again with industrial warehouse site in Sidcup

Chancerygate increases portfolio again with industrial warehouse site in Sidcup

Market leading property developer Chancerygate has completed a deal with Tesco for a large 5.4-acre site at Edington Way in Sidcup, on which it plans to construct a 13-unit, 120,500 sq ft warehousing development. This new deal brings yet another significant acquisition to the company’s already impressive portfolio — with...
2nd October 2018
Blackstone completes large £550 million sale of the Adelphi building

Blackstone completes large £550 million sale of the Adelphi building

After some well-publicised negotiations, Zara’s founder Amancio Ortega has purchased the prestigious Adelphi building at 1-11 John Adam Street in Covent Garden for around £550 million, through his property investment firm Pontegadea. The 330,000 sq ft, grade II-listed site was originally built in the 1930s, and after extensive refurbishment in 2017...
29th September 2018
First let at AXA’s Twentytwo goes to Hiscox

First let at AXA’s Twentytwo goes to Hiscox

AXA Investment Managers – Real Assets has completed the first pre-let at its massive 1.4 million sq ft development in the City of London – to global insurance provider Hiscox, on a long-term lease that expires in 2037. The firm has taken 75,000 sq qt of space across the 8th,...
26th September 2018
IWG shares plummet as office giant abandons £2.7 billion takeover talks

IWG shares plummet as office giant abandons £2.7 billion takeover talks

Shares in the serviced offices firm fell by 63.2p (21%) to 237.4p after it announced to private equity firms Starwood, Terra Firma and TDR that it no longer intends to continue discussions regarding its potential £2.7 billion takeover. The move comes 12 weeks after talks were first opened, and just...
23rd September 2018
Orchard Street acquires 80 Clerkenwell Road for £18.5 million

Orchard Street acquires 80 Clerkenwell Road for £18.5 million

Orchard Street Investment Management has completed a significant deal on a large new space located in London’s City Fringe on behalf of a pension fund client from DTZ Investors. The trendy warehouse building underwent considerable refurbishment in 2017 and now boasts an impressive ground-floor showroom, roof terrace, and grade A...
20th September 2018
Reuben Brothers purchases Glen House in South Kensington

Reuben Brothers purchases Glen House in South Kensington

Reuben Brothers has continued its impressive spending spree in London with the purchase of Glen House in South Kensington. The building, located at 125-133 Old Brompton Road, currently houses a Ferrari showroom on the ground floor and also has planning permission already in place for luxury offices and residential units...
17th September 2018
Timothy Oulton sites new global flagship store on King’s Road

Timothy Oulton sites new global flagship store on King’s Road

Prestigious British furniture company Timothy Oulton has taken up a 72,000 sq ft new space on the King’s Road in West London to be its global flagship store. The firm has signed a deal with Bluebird Garage to use the new space in the beautifully renovated art deco building as...
15th September 2018
Reed Smith gives up two floors at Broadgate Tower

Reed Smith gives up two floors at Broadgate Tower

After a significant review of its real estate requirements in the capital, American law firm Reed Smith has made the decision to give up 26,266 sq ft over two floors of office space at Broadgate Tower. The company introduced an agile working policy in London last year, and this is...
13th September 2018

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