Office Property NewsAll the news from the office property market – commercial office buildings, development, deals and investment.
Columbia Threadneedle has received planning permission for an amenity hub at its Croxley Park business park in Watford, Hertfordshire.
BE Offices has completed a £65m refinancing of its property portfolio with HSBC as the company looks to expand and acquire new centres in London.
Travel visa and passport company CIBTvisas has taken the remaining ground floor suite at Kennedy Wilson Europe Real Estate’s Exchange Tower in Edinburgh on a ten-year lease.
Irish national broadcaster, RTÉ (Raidió Teilifís Éireann) has put up for sale a prime development land in Donnybrook, Dublin 4 for €75m.
Skanska has sold its Maraton office building in Poznan, Polanda real estate fund managed by Union Investment for €62m.
Saïd Holdings has completed a £137.5m refinancing of the debt on its Canary Wharf office building, 5 Churchill Place.
US private equity firm Harbert Management Corporation and joint venture partner XLB have appointed agents to find a buyer for Farnborough Business Park, having secured the final tenant at the 125-acre park earlier this month.
Canary Wharf Group has approached agents about selling the 50% stake it manages in 20 Fenchurch Street, otherwise known as the Walkie Talkie, for around £600m.
Communities secretary Sajid Javid has given the go-ahead for Sellar Group’s Paddington Cube plans.
The Peel Group-led team behind Liverpool Waters has revealed plans for the regeneration of the central docks neighbourhood at Mipim alongside releasing eight new plots for investor development.
Central Square has been at the centre of the Cardiff success story. Now, the Government Property Unit (GPU) is expected to take a pre-let on 300,000 sq ft at 3 Central Square in a deal that could lead to another record year in terms of office take-up for the city - if, that is, there is sufficient space left to satisfy rapidly growing demand. The problem is that there is not.
Andrew Percival has every right to feel nervous. It is his first major interview since being appointed managing director of UPP Projects last July and he now leads a company that has been responsible for the development of a portfolio of 36,500 student accommodation rooms, not to mention a further £1bn of projects in the development pipeline.
Will the Leeds city centre office market punch through the 1m sq ft take-up barrier in 2017? That is the question agents in the city are debating at the moment.
At Mipim, you can usually gauge when the market’s about to hit the skids by the extravagance of the events and number of scantily clad women tottering around.
In the 1580s, iron production commenced at Kirkstall Forge, a 57-acre chunk of land, split by the River Aire, just 3.5 miles from the heart of Leeds city centre.
What does a landlord want for Christmas? Probably a long-term, profitable tenant. Ask a small business what it wants from Santa and chances are the answer is “a flexible, affordable space that allows me to grow”.