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Morgan Pryce, the Central London based acquisition agency, has seen a significant increase in enquiries for offices in London Bridge since the opening of the Shard. The Shard, Europe’s tallest building At 309 metres, was completed in April 2012 and dominates the skyline of London with its iconic design and glass façade.
“We have often seen a surge in enquiries in neighbourhoods where a new flagship building has opened” commented Tom Lax, an agent with Morgan Pryce. “The Shard is such an iconic structure that many people, even if they cannot afford the rents or floor plates in the building itself, want to be associated with it and they are keen to be near the high wealth clients that will occupy it.”
Morgan Pryce has acted on behalf of Shangri La hotels to secure space in the Shard and as such has a unique understanding of the deals being transacted there.
“The Shard is a fantastic building and is focus for the massive regeneration works around London Bridge and the surrounding area” says David Perrins, Managing Director of Morgan Pryce. “It is only natural that the investment in such an iconic building will filter out to the surrounding area and we are seeing a surge for both demand in London Bridge offices and their corresponding rental values.”
If you are interested in London Bridge office space, Morgan Pryce has a dedicated team for the South bank with unrivalled contacts and access to buildings in the area.