Hines launches West End offices at record rent

US real estate investor/developer Hines launched its new West End office building One Grafton Street today with a quoting rent of £97.50 a sq ft, a record for Mayfair in this part of the property cycle. The 26,702 sq ft office-led development comprises six floors of top spec offices with Read More

Demand for West End office investments remains high

German fund manager Deka has placed a part let office building under offer to Danmerc, an overseas buyer for £42 million. The deal highlights once again the strong appetite for West End investments, where rents are predicted to rise significantly on the back of buoyant demand and short supply.

Office Double letting for MEPC in Basingstoke

MEPC has secured a double office letting at its Chineham Park in Basingstoke, once again proving that the business park reigns supreme in the north Hampshire town. IT company Micro P has taken 17,500 sq ft on the scheme’s Elmwood complex while Sanden International is moving from the next door Read More

Croydon office occupier giant Nestle considers relocation

One of Croydon’s largest office occupiers is considering a move. Nestle, which employs almost 1000 staff, feels its St Georges House office block has outlived its usefulness. Previously the food giant was keen to stay in the borough but there is increasing speculation that is moving to east London.

Exemplar to redevelop Rio Tinto’s St James’s Square

Exemplar Properties is to partner Rio Tinto in redeveloping the mining giant’s former HQ in central London’s St James’s Square. Run by the dynamic duo of Clive Bush and Dan van Gelder, Exemplar plans to create a high quality residential and office building that will hit the market at just Read More

Bray Fox Smith appointed agents for Gainsborough, Dunstable

Bray Fox Smith has been appointed to market the Gainsborough office building at Houghton Hall Office Park in Dunstable. The building offers potential occupiers the last available chance to become part of the successful 35 acre business park, joining other companies such as Whitbread & Gemini Consultants. More details on Read More

M4 Office Market Gets Triple Boost

It may only be early September but the portents for the next few months look promising for the M4 office market. After a quiet summer period three important announcements have set a positive tone for the sector – a letting confirmed, a spec start, and a major step forward at Read More

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