Offices news – Page 5
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OnlineAXA IM Alts secures £480m loan for City of London office scheme
The development loans is one of the largest agreed for any UK speculative scheme since the start of 2023.
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NewsLandsec City scheme reaches full occupancy as law firm Stewarts expands space
The office building is undergoing a sustainability-driven refurbishment.
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NewsHBD gets green light for grade-A Colloco office scheme in Manchester
The development will comprise 16 storeys of office space in Manchester’s St John’s District.
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OnlineCity office block secures £46m refinancing
Kiwoom Securities and Hana Securities have secured the facility for their Cannon Green scheme.
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NewsCity uses override to block rights of light threat to £300m justice quarter
Threat of legal action from neighbouring occupiers had put future of Salisbury Square scheme at risk.
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NewsCLS reveals Westminster Tower back on the market after deal collapses
The sale of the ageing office tower had unconditionally exchanged in 2023
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NewsAustralianSuper unveils new £8bn investment plans for UK
The fund’s chief executive has said the UK remains an “attractive location” for investment.
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OnlineLosses rocket at IWG but founder confident as group produces record revenue
Global flexible office giant IWG has reported an 80% increase in pre-tax losses.
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NewsInvesco and YardNine secure Japanese firm Shionogi at Fifty Paddington
Just 25,000 sq ft remains at the Paddington office-led development in London.
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NewsAbrdn’s UK Commercial Property REIT sells Bristol office for £14.5m
UKCM said the price was in line with the valuation at the end of last year.
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NewsPlayStation to close London Studio as 900 jobs axed
The gaming giant is cutting around 8% of its workforce.
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NewsReturn to work boosts resilient central London office markets
Devono reports a strong take-up in 2023 despite economic uncertainty.
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NewsKirkland signs US giant Verizon for 84,334 sq ft Limerick offices
Telecommunications firm plans signs 15-year lease at waterfront development in the heart of the Irish city.
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NewsStrong leasing prompts Derwent to upgrade rental guidance
“I can’t remember a busier year for us”, said CEO Paul Williams after firm tripled rental income in 2023.
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NewsUnions fear ‘catastrophic incident’ as Palace of Westminster refurb stutters
The GMB, the FDA and Unite share “increasing concerns” about the viability of the palace as a workplace for their members.
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NewsARC Uxbridge lands Pizza Express and JATO Dynamics
Both companies will move into the offices in the campus’s newly refurbished Building 01.
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OnlineRiverside Capital agrees £14.9m loan for City fringe office repositioning
GRE Finance loan will fund makeover of Old Street Works office building.
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NewsHoward Group lets whole of Cambridge building to Welbeck Health Partners
The healthcare firm has signed a 30-year lease at the Orion Building at the Unity Campus.
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NewsEY to move across Leeds to MEPC’s Wellington Place offices
The global services firm will move staff over in the summer following the end of its current lease.
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OnlineTristan secures £47m loan to refinance east London office
Leumi UK and Delancey have agreed a deal to refinance Tristan’s One Stratford Place office development.
