All Offices articles – Page 7
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NewsM&GPrudential buys City site for 900,000 sq ft office scheme
M GPrudential has clinched a £875m deal to buy 40 Leadenhall in the City of London, where it will develop a new 905,000 sq ft prime office complex.
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Online
Aviva pre-lets One Bow Churchyard to Shoosmiths
Aviva Investors has pre-let City of London office building One Bow Churchyard to legal firm Shoosmiths for 15 years.
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Online
Workspace sells Farringdon property at bumper premium to book value
Workspace Group has agreed to sell a property in Farringdon for £14.75m – equivalent to a 47.5% premium to book value.
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News
European serviced office take-up surges
Operators increased share of sector in first half of the year putting take-up on course to exceed 2018 levels.
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News
South East towns see low take-up but record rents
A number of South East towns achieved record office rents in the first half of 2019 despite low take-up across the region, according to a report by SHW.
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Insight
How Osaka plans to take on Tokyo with its new business district
Some of Osaka’s biggest companies have joined forces in a bid to create a new commercial district to take on Tokyo’s.
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Online
L&G’s property fund acquires Bristol office for £27.75m
Legal and General’s (L G) UK Property Fund has acquired Quayside, Bristol for £27.75m.
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Online
CLS announces acquisition of two London office buildings
CLS has acquired two London office buildings for £66.6m.
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Online
Fitch strikes fresh blow to WeWork with downgrade to junk status
Fitch Ratings has downgraded WeWork’s credit rating after a tumultuous few weeks for the flexible office group, as predicted by Property Week last month.
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Online
Bridgepoint pre-lets the whole of Almacantar’s 5 Marble Arch
Almacantar has pre-let all seven floors, or over 83,000 sq ft, of its offices at Marble Arch Place to private equity firm Bridgepoint.
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Online
Southwark gives Canada Water masterplan green light
British Land has won planning permission for its 53-acre masterplan at Canada Water in south east London.
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Online
James Corden’s production company picks Islington as new HQ
Fulwell 73 - the production company behind James Corden’s Carpool Karaoke, The Class of 92 and The Late Late Show - has signed a 15-year lease for a 25,000 sq ft space headquarters at Islington Square.
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Online
WeWork officially cancels IPO
WeWork is indefinitely postponing its plan to go public after its initial public offering (IPO) attempt resulted in its chief executive Adam Neumann stepping down last week .
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Online
Gaming company pulls out of UK office deal over Brexit fears
Gaming company, Cloud Imperium Games has decided to pull out of a deal to buy BASF’s UK headquarters.
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Online
Landsec’s Portland House plan approved
Westminster City Council has approved Landsec’s plans for Portland House, Bressenden Place.
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Online
Flexible workspace makes up 35% of London’s commercial transactions
Over the past year flexible workspace has made up 35% of commercial property transactions in London, according to a new report by The Instant Group.
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News
WeWork founder Adam Neumann resigns
WeWork founder Adam Neumann has resigned as chief executive of the business a week after it failed to attract enough support to greenlight a multi-billion dollar IPO.
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Online
Flexible office take-up on the rise according to new research
Flexible workspace take-up is expected to exceed two million sq ft for a third successive year, according to a new report by Cushman Wakefield.
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Online
Reef Group appoints agents to Cavendish Square scheme
Reef Group has instructed Savills and CBRE to advise on a mixed-use scheme underneath London’s Cavendish Square.
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News
Perspectum Diagnostics takes lease at Arlington’s Building 5520
Arlington has agreed a 10-year lease with Perspectum Diagnostics at the newly refurbished Building 5520 at Oxford Business Park.
