Prime City and West End properties still in demand – Savills

Savills has noted sustained “and possibly increasing” demand for Grade A City of London commercial property from overseas investors, particularly from Asia. It expects this to maintain prime yields for such properties at 5.25% and says they could be ... Read more

TMT companies moving out beyond the West End – Jones Lang LaSalle

New data from Jones Lang LaSalle shows that technology, media and telecoms companies are increasingly thinking about moving or expanding beyond the West End of London, where prime rents have hit £95 per sq ft and supply remains constrained. JLL ... Read more

TMT driving West End office leasing, while City caution continues – Cushman & Wakefield

Cushman & Wakefield says the TMT sector is driving office leasing activity in London’s West End, accounting for more than a third of take-up in the third quarter of this year. Echoing recent research from CBRE, the firm says take-up in Central ... Read more

Supply shortage to boost City, West End office rents – Savills

Savills says rents for available office property in the City of London will “kick up” to £65 per sq ft by 2012, with rents for West End offices set to rise to £111 per sq ft. At its annual client presentation in conjunction with Oriel Securities in ... Read more