All Offices articles – Page 7
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InsightWe mustn’t cast graduates aside
When I started work in this great property business in the 1960s, I had the best possible start to my career. I joined Moss Partners, one of the most active firms in London’s West End at the time, owned by Lewis and Derrick Moss. It specialised in the ...
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Professional
How will latest PDR rules affect office-to-residential conversions?
It barely seems that long since the last tweaks to the planning system were announced and implemented. This time, another shake-up of permitted development rights (PDR) has placed new restrictions on how they can be used to redevelop offices into residential.
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Online
‘Spring in the step’ of London office market in Q2 2021
There was “a spring in the step” of the central London office market in Q2 2021, according to DeVono Cresa, with more businesses committing to new office space as plans to return to workplaces took shape.
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News
Aviva Investors and PSP snap up Hoxton Campus
Aviva Investors and Canadian pension investment manager Public Sector Pension Investment Board (PSP Investments) have acquired Hoxton Campus.
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News
Old Park Lane Management gets green light for 7 Millbank office development
Old Park Lane Management (OPLM) has received planning consent from Westminster City Council for Baola Properties to create an office development in Westminster.
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Online
Custodian in talks on all-share bid for Drum
Custodian REIT is in talks on a £21.6m all-share bid for commercial property rival Drum Income REIT.
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Online
City refurbishment 7 Newgate Street gets green light
City of London Corporation has granted planning permission for the refurbishment of 7 Newgate Street.
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News
Kinrise debuts in Liverpool with former bank HQ purchase
Hybrid workspace provider Kinrise has acquired the former Martins Bank headquarters in Liverpool, the firm’s first property acquisition in the city.
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Online
Canon snaps up The Bower in major Thames Valley office deal
Canon has taken the entirety of The Bower at Stockley Park for its UK and European headquarters.
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Online
Derwent acquires wing of Bush House
Derwent London has acquired the seven-year headlease interest in the South West Wing of London’s Bush House for £13.5m.
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Online
Howard de Walden Estate returns to renovated Marylebone office
The Howard de Walden Estate will return to its historic office at 23 Queen Anne Street in Marylebone this month, following a two-year renovation of the building, Property Week can reveal.
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Online
City office vacancy hits 9%, but space under offer rebounds
The City of London office market vacancy rate has hit 9%, but June also saw the most space go under offer since the start of the Covid-19 pandemic.
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Online
Hillview Real Estate lets Leeds office to flexible workspace operator
Flexible workspace operator Wizu Workspace has taken Richmond House at Lawnswood Business Park in Leeds on a 10-year lease at a rent of £17.50/sq ft.
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Online
Ballymore and Sainsbury’s partner for £1.7bn Ladbroke Grove regeneration
Ballymore and Sainsbury’s have partnered to develop an 18-acre regeneration scheme with a GDV of £1.7bn at Ladbroke Grove, London.
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Online
Canning O’Neil and Savills to market 130,000 sq ft refurbished Manchester office
Canning O’Neil and Savills have been appointed to market a 130,000 sq ft office in Manchester on behalf of property and investment company CEG, following its refurbishment.
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News
Grosvenor and Stow Capital team with TX for Mayfair office development
Grosvenor Britain Ireland and Stow Capital Partners have partnered with TX (Tenant Experience) on a new 27,000 sq ft office development in Mayfair, London.
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Insight
Offices will not suffer like retail
It only took ecommerce penetration to reach 15% in the UK to ultimately reduce the value of retail real estate by more than one third between 2018 and 2020.
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Insight
Business leaders must act fast to ease office-return fears
The announcement by the prime minister that work-from-home guidance would be lifted on 19 July was met with a sense of optimism by business leaders and property owners, who since March 2020 have faced uncertainty around workforce operations and tenancies.
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News
TOG reports post-Covid bounce-back
Flexible workspace provider The Office Group (TOG) has reported a surge in the number of desks sold in the second quarter, citing the easing of Covid restrictions.
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News
Barings bags City of London office for £130.5m
Barings has snapped up a grade-A office building in the City of London from a German retail real estate fund managed by DWS for £130.5m.
