News blog

News that Reading Borough Council is to finally commit to relocating to a new headquarters has set the local market stirring. The council was originally looking to move two years ago but those plans were scrapped when costs proved unaffordable. Now the council appears to have little option as it’s existing civic centre is unfit [...]

The popular view in the UK real estate investment market is that the world begins and ends in central London. Whilst it is true that occupier demand is strong and investor demand is high here, these factors have been priced in to potential sales and there are few bargains to be had. Often there are [...]

Exemplar, the private development company run by Dan van Gelder and Clive Bush, has pulled off it’s most high profile scheme to date by being selected by the Crown Estate to redevelop a key site on Regent Street. The site is located on the western side of the street and is currently the home of [...]

Sainsbury’s has shelved plans to relocate to King’s Cross after it could not find a taker for its current Holborn location. The move would have almost halved Sainsbury’s annual rent costs (currently about £16 million) but it could not find a sub-tenant to take on it’s existing 33 Holborn office. As a result Argent, the [...]

News that Manchester United is to transfer it’s London based commercial operations team from St James’s to Mayfair got us thinking at Bray Fox Smith. The Red Devils may be one of the world’s sporting super brands but we think that other clubs should be based in “the smoke” too. London is a global cultural [...]