news

Comprehensive Spending Review puts pressure on property

The government may have announced its comprehensive spending review (CSR) – without too many surprises – but it will take some time for it’s full impact to be felt in property circles. The government may be looking long and hard at it’s own occupational property needs but it represents only Read More

West London site sale a market test

The news that Resolution and partner JER are to sell the London Gate office site in Hayes west London has surprised some market observers but it may prove a shrewd move. Demand from office occupiers in the western corridor has picked up in recent weeks and while this is yet Read More

Property industry awaits spending review outcome

The property market is waiting with bated breath on the forthcoming government spending review. The leaks from various departments and quangos have put a question mark over whether the government is going to tear up occupational leases on some of it’s estate. Philip Green, the government czar charged with looking Read More

Speculative offices to start in Uxbridge

Following on from BAM Properties’s decision to make a speculative start on an office building in Chiswick, Rockspring Property Investment Managers is also about to take the plunge. In Uxbridge, it is planning an 80,000 sq ft office scheme with construction due to start next March with completion in 2014. Read More

Microsoft deal highlights Occupier strength in Thames Valley office market

Global IT giant Microsoft has capped a deal which illustrates who has the whip hand in the Thames Valley office market.

West London office letting

Television Versioning & Translation has taken office space in IVGs The Building in Chiswick.

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.

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