Avanta, one of the leading serviced office provider in UK has come up with a special package along with Toogoods. Avanta’s new insurance package has been devised in order to woo various customers to opt for 
office space from Avanta.
The insurance would include cover for business contents, worldwide cover for laptops, theft cover, directors and officers cover, legal expenses, in addition to public and employers’ liability and a Free Disaster recovery solution.
The insurance is available for companies that opt for serviced office space available in any of the 19 business centres in UK and also the companies that are already in possession of office space in any of Avanta’s business centre. This surely does prove to be a money saving venture for customers opting for Avanta’s office space in the United Kingdom.
Waitrose have expanded their head office in Bracknell by take a whopping 30,000 square feet of office space. The location, Oldbury road (which is a Panasonic building), was sealed with the assistance of commercial property agents Jones Lang LaSalle.
Their present head office employs 2,000 staff and is spread over 7 acres. It is also the National Distribution centre for the company, and supplies food to around half of the company’s stores. This has been a very speedy transaction considering that the agents only received the request a few months ago.
The lease is for three years with a two years break, reflecting the need for flexibility in this uncertain economic climate.
The fall in rental values for West End Office Space have fallen to such a degree that Hong Kong and Tokyo have usurped London as the most expensive cities to rent office space in. C and W say that West End Office Space rents fell a massive 23% in 2008 and that due to other factors such as currency fluctuations, London was no longer THE most expensive place to do business.
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UK’s Miller Construction has bagged the huge contract of developing and regeneration of the Riverside Place for developers Kendal Riverside.
The work is expected to be complete in 90 weeks and the deal is worth to be around £100million. Miller construction would be responsible for creation of 300,000 sq ft in which around 76,000 sq ft would be dedicated for retail and restaurants, 90 luxury apartments, commercial office space of around 20,000 sq ft, heritage centre and car parking.
According to the area director of Miller Construction, the negotiations prior to the contract and their scheme did the trick for the company. With a time frame of 90 weeks we can expect the project to be completed in the spring of 2010.
One of the so called most “ugliest” buildings in Edinburgh is to be demolished and redeveloped into a mixed used scheme. Henderson Global Investors have been granted permission to redevelop the site in the St James Quarter at and estimated cost of £850m. There will be room for 90 retail outlets, over 1,000,000 sq ft of space, 160,000 square feet of office space, 250 residential units and two hotels.
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According to a recent report the demand of office space on flexible terms has risen sharply in the past few months.
The change in trend is primarily due to the present economic condition. Having office space on flexible terms would mean they can adapt themselves according to the changing requirements of the business.
The Evans Business Centre at Hartwith Way in Harrogate and Marston Business Park in Tockwith has been a part of the changing requirements and every week sees new occupants looking for office space that offers flexible terms.
According to Serviced Office news site, OfficesNorthWest, Avanta’s acquisition of Turquoise Block in the uber trendy Northern Quarter was the city’s third largest letting in 2008. The 42,000 sq ft that Avanta purchased accompanies their other business centre in Manchester, along with expansion into overseas offices markets (India).
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According to a recent report Bruntwood, the UK based commercial property company states that the company has been able to attain three new customers to its recently developed office space in Manchester city centre.
Bruntwood completed the process of renovation and re-branding of the 61 oxford street office space about 3 months ago.
According the developers, the building is developed in such away so that it can accommodate a variety of business options from small to medium sized. The building offers high quality office space in the city centre – something in high demand even in these credit crunched times.
Mohawk Industries has named Binswanger as the agent which would deal with sale of their one-storied completely air-conditioned office.
The office with an area of around 194,427 sq ft at Patterson Avenue is bound to fetch a good sum.
Once Binswanger was selected as the exclusive agent to sell the office space it began to market the property very aggressively. Not are they marketing the property to manufacturers but they are even marketing the property to users involved in retail trade, transportation, warehousing and wholesale trade.
Binswanger is one of the leading real estate organization in the world,, with offices in all around the globe.
Do you think that the present economic condition has brought the UK property market to a slowdown?
Recent developments are sure to prove you wrong. Bruntwood – a leading commercial property firm – has recently announced that they would soon complete their office space refurbishment process in Liverpool’s city centre. The £2million renovation process brings in about 24,000 sq ft of high quality office space to Liverpool.
According to Bruntwood, there already has been quite a good amount of demand in the 1 Dale Street office. The building offers suites of various sizes and offers flexible office space option.
Within a few months time it is hoped that the building would have a variety of occupants to accompany the existing clients.
