London office property is in fine health while nationally commercial property is struggling
A new office report has outlined that London’s commercial property market is healthy but elsewhere growth is slow.
London’s commercial properties are currently very healthy but an uncertain 18 months lie ahead according to a new report.
Added to this is the concern that there are ever increasing gaps across the nation in relation to the property market. (more…)
A new office in London will be completed in 2014 thanks to a joint venture project
The ‘Cheesegrater’ office is now to be built in London after plans were given the green light, two years after the project had been postponed.
British Land and Oxford Properties are preparing to start work on a new office tower in London after the company announced plans to build a portfolio in the capital.
The skyscraper, nicknamed the ‘Cheesegrater’ because of its distinctive wedge-shaped design, will take its place amongst other famous London office buildings such as the ‘Gherkin’ and the nearby soon-to-be-built ‘Walkie talkie’ building. (more…)
Law firm and Media group agree Manchester office ‘lease swap’, Royal and Sun Alliance move into Piccadilly
DWF and Guardian Media Group have swapped offices in Manchester, while Royal and Sun Alliance have taken control of four office floors in Piccadilly.
Manchester has been the setting for some very significant office property deals as two businesses swap offices with each other and one firm moves into new premises.
The first deal involves law firm DWF and Guardian Media Group agreeing to a ‘lease swap’, while the second deal revolves around Royal and Sun Alliance accepting terms to take on office space in the city centre. (more…)
Office space owned by local councils are available to buy following decisions to offload council stock
Local councils are looking to sell office properties as they try to raise the money they need to be financially viable when the impending government cuts hit them.
The majority of office lots for the autumn property auction have come from the public sector as local councils look to brace themselves as the cuts come into force.
Lambert Smith Hampton have stated that over 100 of the 125 lots are taken up by council owned properties.
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New offices expected in Nottingham Lace Market, while a Nottingham-based firm is opening offices in Sheffield
A former Second World War bomb site in Nottingham has been chosen for prospective new offices, while a Nottingham based firm have expanded into Sheffield office space.
It’s looking increasingly likely that new Nottingham offices will be built on one the last remaining visible World War Two bomb-sites in the country.
The site is in the Lace Market area close to the city centre and is being planned by Leicestershire-based firm Studon Holdings.
(more…)
London is set for another new innovative skyscraper to complement its Financial District
A stunning new office skyscraper is being planned for London’s financial district, with the site to be ready in four years time.
The 37 storey ‘Walkie-Talkie’ Tower – so called because of its design – is due to be built on unoccupied land on 20 Fenchurch Street. (more…)
Plymouth City Council look to sell their Civic Centre due to the cost of its upkeep
Plymouth City Council are preparing to sell their 15-storey Grade II listed Civic Centre in a bid to raise funds and make large savings on public expenditure.
The office building cost £1.6 million when work began on it in 1957 as part of Plymouth’s post-war regeneration and was formally opened by Queen Elizabeth II in 1962. (more…)
Capital International has opened new offices in Douglas, the capital of the Isle of Man.
The company has moved into the old post-office building on the island and were welcomed into their new offices by a civic committee featuring the Mayor of Douglas.
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Office space in north London is booming despite the current financial situation even though south of the river concerns have been raised over limited office space.
A £22 million office bid from Howard de Waldon Estate has been accepted for property in London’s West End, whilst in nearby Southbank there is a lack of office spaces being built. (more…)
Office space in Warwickshire is receiving a boost during the recovery with new investment coming in to the county.
A £250 million technology park is scheduled for construction while London companies are increasingly turning to the area for relocation of business. (more…)
