Office Property NewsAll the news from the office property market – commercial office buildings, development, deals and investment.
London office vacancy rates increased in the first quarter mainly because of the high volume of secondhand space hitting the market, according to data from Colliers International.
Standard Life Investments has hoisted a £125m for-sale sign over a prime West End office on the back of a record quarterly performance in the market.
A former printing press and gin distillery in London’s Clerkenwell is set to be transformed into a new office, art and cultural hub for the creative industries.
JR Capital has completed a reversionary purchase of an office investment in Shoreditch as part of a planned deployment of £50m-£75m of equity in central London over the course of 2017.
Prime commercial property rents increased by 0.8% on average in the first quarter of 2017, boosted by the strong performance of the industrial sector, according to CBRE.
Skanska has pledged to invest more than €10m to develop the largest network of co-working space and private offices in CEE.
IM Properties has put an office portfolio up for sale at the Capability Green business park in Luton.
A £500m landmark, mixed-use development adjacent to Reading FC’s Madejski Stadium, has been unanimously approved by Reading Borough Council.
WELPUT has exchanged contracts to sell 3 St James’s Square to a consortium of investors in Joint Treasure International for £135m.
South East offices have seen £440m of investment transactions and 741,295 sq ft of take-up in Q1 2017 according to new research.
While both a commercial and industrial success story, Slough has long been held back from realising the full potential of its enviable location thanks to its fractured and unappealing town centre.
Brenda Jones isn’t your typical property professional. The Association of Women in Property’s (WiP’s) new national chairman started out studying for a degree in social and political science and once entertained thoughts of a career as a social worker. These days, however, she works as a technical director in project management services at multi-disciplinary consultancy WSP.
The redevelopment of Typhoo Wharf and surrounding sites is set to accelerate the emergence of a new creative and technology hub taking shape just east of Birmingham’s city centre.
The City of London investment market saw £1.9bn of commercial real estate transactions in March, taking the total for the first three months of the year to £2.6bn, the largest first quarter since 2007, according to Savills.
Birmimgham is jumping on the agile working bandwagon. Major corporations are increasingly embracing collaborative workspaces and many are looking for new office space to support their switch to a more flexible way of working.