News blog

Blackberry manufacturer Research in Motion may soon be leaving its home in Slough as it launches a search for a new 120,000 sq ft European headquarters in the Thames Valley. The Canada-based company is keen to consolidate its UK personnel into a single office building and is considering new-build and existing properties. The group currently [...]

Legal & General has got the south east office market off to a flying start to 2012 by agreeing a deal with long-time Croydon occupier Nestle. L&G has agreed a 20-year lease with the confectionery giant at its 1 City Place in Crawley ending Croydon council’s dreams to keeping the company and its 2,000 strong [...]

The Thames Valley office market received an early Christmas present this week with a double letting boost in Reading. In the larger deal online retail payment group CyberSource has leased 20,000 sq ft at Reading International Business Park near junction 11 of the M4 on the edge of the town. CyberSource is understood to be [...]

Oil giant BP has exchanged contracts with Scottish Widows to base its 68,000 sq ft headquarters at New Square, Bedfont Lakes, near Heathrow, in what  is a major confidence boost for the south west London office market. BP will take buildings one, five and seven on the business park on a new 10-year lease, with [...]

Investor demand for industrial property in the south east of England has been highlighted with Legal & General buying six London industrial estates from Segro for £38.2m. L & G  has bought the estates, in Park Royal, Poyle, Haringey and Poplar and which total 450,000 sq ft, at a net initial yield of 6.2%. L [...]