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Office demand falters – JLL

October 26, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

Despite a good take-up level for office space during Q3 2010, JLL has reported concern about future demand in its review of the Office Occupier Trends for the third quarter. After a promising start to the year, enquiries for UK office space continued ... Read more

This entry was tagged: Commercial property, King Sturge, Office Space

Another tower deal for the City

October 25, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

Another deal has been struck to get a City skyscraper built – British Land has agreed heads of terms with Oxford Properties, the property arm of the Canadian OMERS fund group, to build the tower at Leadenhall in the City known as the Cheesegrater. ... Read more

This entry was tagged: City, Commercial property, Office Space

Chinks of light in Spending Review – BPF

October 21, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

It’s the day after the Spending Review and the analysis is beginning to emerge. The British Property Federation is among those noting that the forecast loss of 490,000 public-sector jobs will reduce demand for office space considerably in some areas. ... Read more

This entry was tagged: BPF, Commercial property, Office Space

Walkie-Talkie Tower goes ahead with Canary Wharf jv

October 19, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

Land Securities has formed a partnership with Canary Wharf Group to go ahead with development of the so-called Walkie-Talkie tower at 20 Fenchurch St in the City of London. The Land Securities property, which is currently a cleared site with some ... Read more

This entry was tagged: Canary Wharf, Commercial property, Office Space, Walkie Talkie

State property revolution on the way – Telegraph

October 18, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

Ahead of Wednesday’s news on the government’s Comprehensive Spending Review, The Telegraph today reports on the prospect for redevelopment opportunities in London from the government’s plan to increase the efficiency of its property portfolio. ... Read more

This entry was tagged: Commercial property, Office Space, Telegraph

Muted capital growth in September – IPD

October 18, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

September was another month of modest capital growth, says IPD. Its UK Monthly Index recorded just 0.2% of capital growth for the month, taking the 12-month change to 14.2%. This growth, together with a 0.6% income return, delivered a monthly total ... Read more

This entry was tagged: Commercial property, Industrial Unit, IPD, Office Space, Retail space

Government ‘to set up office property vehicle’

October 15, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

The government is planning to set up a central property vehicle to own and manage its portfolio of office property in London and Bristol. PublicPropertyUK.com today says that the unit, to be launched in April, is seeking a private-sector partner, to ... Read more

This entry was tagged: Commercial property, Government, Office Space

West End office market quieter in Q3 – GVA Grimley

October 14, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

The third quarter of 2010 was the quietest so far this year for West End office property, says GVA Grimley. The firm’s latest research into the occupier market for office space in central London says a total of 707,340 sq ft was let in the West End ... Read more

This entry was tagged: Commercial property, GVA, Office Space, Q3, West End

London offices bolster a resilient Sept market

October 8, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

The UK property market was resilient during September, says CBRE, with the firm’s Monthly Index showing capital growth of 0.3% and a total return for all property of 0.8%. By sector, offices were the strongest performing area, with capital growth ... Read more

This entry was tagged: Commercial property, Industrial Unit, London, Office Space, Retail space

A Tale of Two Cities

October 7, 2010 by Venetia Cutler posted in: Business Owners & Property Buyers, Industry News

The market for office space to let in the City of London has developed two clear tiers, says James Gillett at NB Real Estate. Occupiers are fighting over the best available space and taking advantage of the incentives available to upgrade to Grade A ... Read more

This entry was tagged: Commercial property, Office Space

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