Jones Lang LaSalle says 2.5m sq ft of office space in Central London was let during Q1 2013, the highest total since the end of 2010. The 863,000 sq ft forward sale to Google at King’s Cross certainly boosted this figure, but JLL says “demand does ... Read more
Central London commercial property remained highly attractive to international investors in the first quarter of 2013, says Cushman & Wakefield, which has calculated that a total of £2.75bn was transacted, with overseas investors accounting for ... Read more
Cushman & Wakefield says leasing activity in the market for office space in Central London is being driven by occupiers seeking more value for money. The firm says the balance of power remains in occupiers’ favour, with larger companies, in ... Read more
Growth in prime rents for Central London retail property may ease this year, says Savills, as fewer occupational requirements are pursued less aggressively compared with 2012, and void rates rise slightly as a result of the greater number of lease ... Read more
Transaction volumes in the Central London property investment market during Q4 2012 rose to £14bn, the third-highest total on record after £17.5bn in 2007 and £15.5bn in 2006, says CBRE. Michael Edwards, executive director, Central London capital ... Read more
Cushman & Wakefield says the Central London offices market was resilient, despite the continued uncertain economic backdrop, with estimated take-up of new office space at 7.3m sq ft for 2012. This compares with 7.8m sq ft in 2011. Take-up of ... Read more
London remains the key destination for global capital flowers, and an attractive location for occupiers to take advantage of an innovative and entrepreneurial environment, but it cannot become complacent and must continue to evolve in order to remain ... Read more
Activity in the Central London offices market was subdued during the third quarter, says Jones Lang LaSalle, with 1.6m sq ft let across 88 transactions. Volumes were a third below the quarterly average and this was the lowest Q3 total since 2003. ... Read more
Investment in the Central London offices market had reached £7.3bn by the end of H1 2012, up 24% year-on-year and driven by overseas investment of £5.1bn, Jones Lang LaSalle notes. In its latest research on the Central London market, the firm says ... Read more
At the AGM of Great Portland Estates today, chairman Martin Scicluna is to tell shareholders that the company has had a record leasing year, with more than £25m of annual rent secured at levels well ahead of valuers’ ERV, including almost £17m ... Read more
