Available office space in Central London fell to its lowest level for two years in June, says CB Richard Ellis. The group’s monthly overview of the Central London office market reports that availability fell by 0.5m sq ft in June to 15.8m sq ft, ... Read more
The Telegraph reports today that law firm McDermott Will & Emery has signed up to become the first tenant of the Heron Tower in London, paying the highest rent per sq ft since the onset of the economic downturn in the UK. The firm has agreed to ... Read more
Remember back in April we blogged about the Carbon Reduction Commitment (CRC Energy Efficiency Scheme), the thorny issue of the position between landlords and tenants, and how the results of the British Property Federation's working party on the ... Read more
The best time in two generations to invest in investment-grade Central London commercial property? That’s what the managers of the new Rudolf Wolff Central London Commercial Property fund think, according to Investment Week. The new fund aims to ... Read more
While fund managers’ confidence has been shaken in recent months by the economic downturn, major businesses still appear optimistic – particularly regarding their own prospects. These are among the findings of the latest quarterly Lloyds Banking ... Read more
Moorfield and Hines have today confirmed their £200m purchase of eight buildings on the Brindleyplace estate, as rumoured earlier in the week. For more details, see Property Week. ... Read more
Last week’s upbeat comments from Scottish Widows Investment Partnership regarding the prospects for commercial property have been challenged by Jason Butler from Bloomsbury Financial Planning. Butler says in an interview with FT Adviser that ... Read more
North West property experts Place North West have interviewed a number of property professionals in the region to look back over the first half of 2010 and give their views on prospects for the rest of the year. The scale of public-sector cuts to ... Read more
Press reports indicate that a major deal is about to go through on Birmingham’s Brindleyplace mixed-use estate, involving the sale of eight of its 11 office complexes. It has been reported that Moorfield and Hines have lined up a £200m bid. The ... Read more
Lambert Smith Hampton has been busy collating data for the UK market for office space to buy and for let, and says the market took its first steps towards recovery after take-up reached 5.5m sq ft in the first quarter of this year. LSH says in its ... Read more
