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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.

Google takes up additional space in London ahead of move to Kings Cross

Google takes up additional space in London ahead of move to Kings Cross

Global digital juggernaut Google has taken up even more office space in London as it continues to plan for the opening of its £1 billion headquarters in Kings Cross. With over 4000 staff now working in the capital, the firm is set to secure another 20,000 sq ft of space...
21st January 2019
Premier Inn receives go ahead for large hotel development in North London

Premier Inn receives go ahead for large hotel development in North London

Whitbread and its development partner Locate Developments have secured planning permission for a large new Premier Inn hotel and restaurant in Chipping Barnet in North London. Built on the site of a former carpark next to The Spires shopping centre and in close proximity to Barnet High Street, the property...
18th January 2019
ABP appoints joint agents for £1.2 billion East London development

ABP appoints joint agents for £1.2 billion East London development

Chinese developer ABP has appointed Cushman & Wakefield, Glenny and Savills as joint letting agents for the office part of its £1.7 billion development at Royal Albert Dock – an impressive, 35-acre site in East London. The scheme will be comprised of a massive 4.7 million sq ft of mixed-use...
14th January 2019
Square Mile receives £385 million Singaporean investment

Square Mile receives £385 million Singaporean investment

Continuing the trend of Asian investors making significant deals in London, Blackstone has sold the prime site at 125 Old Broad Street (once known as Stock Exchange Tower) to Singaporean investor City Developments. Not only is this yet another clear demonstration of foreign investors’ confidence in the London market, at...
11th January 2019
Sir James Dyson acquires £26 million office building in London

Sir James Dyson acquires £26 million office building in London

After announcing plans to build an electric car factory in Singapore, billionaire inventor and entrepreneur Sir James Dyson has acquired another significant property to add to his impressive portfolio — a £26 million office block at 100 Union Street in central London. Sited between Southwark and Borough Tube stations, the...
8th January 2019
Hammerson and Ballymore announce revised plans for Bishopsgate Goodsyard

Hammerson and Ballymore announce revised plans for Bishopsgate Goodsyard

Joint venture partners Hammerson and Ballymore have been attempting to develop the 10-acre site at Bishopsgate Goodsyard in Shoreditch for a number of years. However, previously proposed plans — for a 1,356-home scheme with 883,000 sq ft of office and retail space — have been met with strong opposition from...
5th January 2019
CBRE enters flexible office market

CBRE enters flexible office market

Global commercial real estate giant CBRE has added another string to its bow with the launch of Hana, a new service offering flexible working environments that will enable the firm to tap the ever-growing flexible office market. Hana will offer three services: Hana Team, Hana Meet and Hana Share, each...
2nd January 2019
London Executive Offices finally sold after two years

London Executive Offices finally sold after two years

Two years after it was put on the market for a huge £700 million, London Executive Offices (LEO) has finally been sold, to Celvam Management — founder of international telecoms company Lebara. The firm has not released details of the sale, but a report by Sky News has indicated that...
27th December 2018
AXA Investment Managers merging London offices at Twentytwo Bishopsgate

AXA Investment Managers merging London offices at Twentytwo Bishopsgate

Twentytwo Bishopsgate is set to become the new flagship offices for AXA Investment Managers when it is finally completed in late 2019, after 13 years. As it seeks to “simplify” its business operations, the development firm is consolidating its two offices in London — currently at 7 Newgate Street and...
24th December 2018

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