Creative solutions for business space
Bray Fox Smith, together with GKA Design, Montagu Evans and world-famous PR consultancy Porterfield got together at The Audley Arms last Wednesday for a special screening of the England-Slovenia match. Over 75 guests and hosts watched the deciding group match over beer and nibbles. The party was, as the outcome Read More
The beleaguered Thames Valley office market has been given a much needed boost today with news of a major pre-let at the Pru’s Green Park on the outskirts of Reading. Quintiles, the world’s largest pharmaceuticals group, has signed a deal to take 120,000 sq ft offices at £27 per sq Read More
Helical Bar, the well-known property development and investment group’s latest results show an increase in the value of its investment properties by 7.9% over the past year. This 7.9% increase translates into a rise of £13.1m, as shown by the preliminary results for year ending March 31, 2010. Chief Executive Read More
A report by the Investment Property Databank shows that growth in the property industry has sunk to a 10-month low. This follows research from over a month ago that suggested that the strength of London’s economy has led to a recovery in commercial property rental values nine months earlier than Read More
IVG UK Ltd, represented by Bray Fox Smith and Savills, has concluded two new lettings at 500 Capability Green in Luton to Northgate Arinso (UK) Ltd and Bay Restaurants respectively. Human resources software and services provider, Northgate Arinso (UK), has taken a new 10-year lease on the second floor east Read More
A recent report shows that central London as one of the true global cities is still a safe haven for overseas investors. The report highlights that a total of £3.85bn of central London property comprising 58 assets has been brought to the market so far this year. Around £2.30bn of Read More
Leading developer Gerald Ronson has warned that property developers are ‘on the endangered list’ and has challenged banks to support development. It is indeed true that although the banks have reached a certain stability in themselves, it is time that they also take a little responsibility for regenerating the property Read More
A report commissioned by the London Thames Gateway Corporation predicts that Thames Gateway’s economy will grow at three times the rate of the UK’s until 2013. In the Thames Gateway area, total returns in the second quarter of 2009 were -0.5%, stronger than the -2.2% figure for the UK as Read More
The influential research group says that, although UK commercial property prices rose by 3% in December — their highest monthly rise in 23 years — the chance of a sustained recovery in 2010 and beyond is unlikely. We agree with the sentiments of this report. This also highlights the need, Read More
Land Securities have given the west end office market a large boost by committing to 3 large office, mixed use and residential schemes in the West End and Victoria. None of the developments has a pre let, which sends out an even stronger message to the market. Land Securities clearly Read More
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