All Offices articles – Page 4
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NewsSouth East office leasing grew 37% in Q4 2022
South East office lettings increased 37% in Q4 2022, compared to the third quarter of the year, according to Knight Frank.
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Insight
Cain International’s Ellen Brunsberg on preparing for a year of confusion
I want to wish you all a ‘Happy! 2023?’. The unorthodox punctuation is deliberate: It shows my uncertainty and conviction. I am both enthusiastic and uncertain. Which reflects the year we’re about to enter: prepare for 2023 to be a year of confusion.
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News
Investors focus on new opportunities as assets are repriced
Commercial real estate investors are focused on the opportunities that will come from a repricing of assets as a period of easy money comes to an end, according to MSCI.
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News
Trio of deals take Landsec’s n2 development to two thirds pre-let
Landsec has pre-let a further six floors, totalling around 60,000 sq ft, at its n2 development in Victoria, London, taking the building to 66% pre-let.
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News
Grosvenor signs first tenant for Mayfair scheme
Alternative asset management firm Hayfin has become the first occupier to sign for space at Grosvenor’s 65 Davies Street development in Mayfair, London.
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Online
NAV at UK Commercial Property REIT slumps 21.5%
UK Commercial Property REIT has revealed a sharp fall in net asset value (NAV) during the final three months of 2022.
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News
Atenor gets green light for sustainable retrofit of City building
Belgian-based developer Atenor has received planning consent for its first UK development, a sustainable retrofit of Fleet House in the City of London.
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News
Property leaders predict life sciences will achieve best financial return for 2023
Almost half (47%) of British property company leaders believe life sciences will perform best in terms of financial return in the next 12 months, according to the British Property Federation’s Property Leader Sentiment Survey 2023.
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News
SRE acquires 55,000 sq ft Aberdeen office investment
Standard Real Estate (SRE) has acquired Caledonian House, a 55,000 sq ft office building in Aberdeen, for an undisclosed sum.
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Online
Shaftesbury enjoys strong festive period as it awaits CMA decision on Capco merger
Shaftesbury has told investors it enjoyed “buoyant trading” during the festive period ahead of its proposed merger with Capital & Counties (Capco).
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News
Purpose-built offices in Olney bought for almost £1.5m
A two-storey office building in Buckinghamshire market town Olney has been acquired by a Hampshire-based private investment company for £1.49m.
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News
Hong Kong developer pays Landsec £349.5m for Deloitte City HQ
Landsec has sold City office building One New Street Square to Hong Kong property developer Chinachem Group for £349.5m.
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News
Five of 10 regional cities saw office rental growth in 2022
In 2022, five of 10 regional cities – Bristol, Leeds, Manchester, Newcastle and Sheffield – recorded rental growth for offices, according to Knight Frank’s report UK Cities – Looking Back Moving Forward 2023.
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News
AEW secures €375m to snap up repriced assets
Global real estate investment manager AEW has secured a new €375m (£330m) separate account investment mandate from Samsung SRA Asset Management to take advantage of repriced European assets.
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News
Vodafone agrees sale and partial leaseback of UK HQ amid downsizing
Vodafone Group has sold its 490,000 sq ft Newbury campus and long-term UK headquarters, The Connection, in a deal that will see the downsizing telecoms firm lease back just over half of the site’s office space.
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News
Plans for giant mixed-use Oxford scheme lodged ahead of developer hunt
Nuffield College and Oxford City Council have submitted plans for a massive mixed-use neighbourhood on the brownfield city centre Oxpens site, with the joint venture also hunting for a developer.
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Online
Birmingham’s Mailbox slumps in value
Mailbox REIT has revealed a sharp fall in the valuation of its Birmingham office-led asset.
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Online
Santander UK takes space at Barings RE’s Manchester Landmark
Real estate investment manager Barings Real Estate has secured Santander UK, a subsidiary of Spanish bank Banco Santander, as tenant for 14,012 sq ft across the eighth floor of its Landmark office development in Manchester city centre.
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Insight
Essensys’s James Shannon on the importance of cybersecurity
Think cybersecurity and your mind can be drawn to clandestine government agents targeting each other’s state-level digital infrastructure during times of crisis behind closed doors.
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News
WeWork to cut 300 jobs globally
WeWork has announced it is slashing around 300 jobs from its global staff base amid a cost-cutting drive.
