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Office Property News

All the news from the office property market – commercial office buildings, development, deals and investment.

London office absorption

Vacancy rates on the rise in the London office market

28 April 2017

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.

105 wigmore street

Standard Life to cash in on West End uptick

28 April 2017

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.

Technique Laser House

General Projects tries new Technique at Laser House

28 April 2017

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.

14 Shepherdess Walk JR Capital

JR Capital kicks off £75m London office investment with reversionary Shoreditch purchase

28 April 2017

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.

National Prime Rental Growth

Prime rents up 0.8% across UK CRE

28 April 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.

Business Link Zebra Tower

Skanska to co-develop Europe's largest co-working network

28 April 2017

Skanska has pledged to invest more than €10m to develop the largest network of co-working space and private offices in CEE.

Capability Green business park, Luton

IM Properties puts Luton portfolio on market

28 April 2017

IM Properties has put an office portfolio up for sale at the Capability Green business park in Luton.

Reading Royal Elm Park 2

Green light for £500m Royal Elm Park to boost Reading

27 April 2017

A £500m landmark, mixed-use development adjacent to Reading FC’s Madejski Stadium, has been unanimously approved by Reading Borough Council.

3SJS

WELPUT exchanges on 3 St James’s Square sale

26 April 2017

WELPUT has exchanged contracts to sell 3 St James’s Square to a consortium of investors in Joint Treasure International for £135m.

LG Kingswood campus

South East offices take-up hits £440m in Q1 2017

26 April 2017

South East offices have seen £440m of investment transactions and 741,295 sq ft of take-up in Q1 2017 according to new research.

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Slough The Porter Building

Slough sloughs off old skin with £1bn transformation

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.

Building site woman

Q&A: New Women in Property chair calls for more role models and mentors

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.

Typhoo Wharf, Digbeth

West Midlands gets an ‘oo’ with Typhoo Wharf

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.

Fleet Place House

City records highest Q1 investment since 2007

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. 

Baskerville House, Birmingham

Network Rail rolls out flagship agile working concept in Brum

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.

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