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

Admiral Insurance charts secure future with office pre-let

Admiral Insurance has boosted the Cardiff office market by taking a huge pre-let of 220,000 sq ft on a new headquarters building. This is the type of deal that would buoy up any local property market and is great news for Midlands-based developer Stoford. It is also a prime example Read More

Google searching for long-term office solution?

Google’s decision to take a five-year lease on new offices in London’s Victoria has fueled speculation that the internet giant may soon be looking for a new home in the longer term. Google has taken 41,000 sq ft at 123 Buckingham Palace Road and will pay a rent of £36.50 Read More

Central London offices likely to outperform in spite of stall in property values

Helical Bar’s Mike Slade has made it clear that he expects to see outperformance in Central London offices and larger residential projects. His company is now ready to capitalise on development opportunities that offer strong growth and income potential, in a situation where property values are stalling.

Sustained interest in occupier enquiries, says McKay Securities

McKay Securities, the specialist South East real estate investor, has recently stated that the lettings market remains challenging, but that the interest in occupier enquiries has sustained in the past few months. It also says that there are some encouraging signs of enquiries converting into lettings in its markets outside Read More

Thames Valley office market forecast

The Thames Valley office market has seen a pickup in leasing activity in the second quarter. Major lettings in the region in the past few weeks and the recent 1.1m sq ft office space placed under offer are indicators of the current market situation. This shows that the market has Read More

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