London news
‘Zombie occupiers’ threaten to kill London office leasing deals
Deals are likely to be put on hold as occupiers with surplus space rethink requirements in light of Covid-19 fallout.
Great Portland Estates “well positioned” after second quarter
Great Portland Estates has said it is well positioned to move forwards despite the Covid-19 outbreak, with 69% of rent collected and 82% of March rent now retrieved.
Investec completes three disposals for £100m
Investec has completed the disposal of three office assets for £100m.
U&I backs out of north London regeneration project
U&I has pulled out of a JV with Barnet Council for a regeneration project in North London.
Nedbank signs lease at 12 Arthur Street
South African commercial bank Nedbank has signed a lease for the 8,685 sq ft seventh floor of 12 Arthur Street in the City of London.
Singaporean investor makes UK debut with One New Oxford Street purchase
Singaporean investor Sun Venture has purchased One New Oxford Street for an undisclosed sum, marking the firm’s first UK acquisition.
Shell hints HQ move to the UK
Royal Dutch Shell has hinted that it could move its headquarters from the Netherlands to UK.
Vastint UK gets green light for Sugar House Island offices
Vastint UK has received planning permission for the second phase of its Sugar House Island. scheme in east London
The Office Group opens first flex office in Notting Hill
The Office Group (TOG) has opened its first office in Notting Hill, west London – its 40th building now operational in the UK.
