Tag: the City

3 Reasons London is Still at the Heart of Investors and Businesses

3 reasons london is still at the heart of investors and businesses
Posted on 27 May, 2016 by Chris Grigorovsky under Commercial Developments, Economy, Industry News

London. That magical city which sits so proudly at the epicentre of the nation. For Britons, it is a place that shows the best of what they have to offer the world for economy and culture. While people overseas look at it as a fascinating city steeped in... Read More

Further Rental Growth forecast as London Office Demand continues to outstrip Supply

Posted on 10 July, 2015 by Neil Bird under Industry News

Businesses have taken 6.5 million sq ft of office space in London during the first half of 2015, with the majority of the take-up recorded in the City, according to DTZ. There was increased occupier activity across other sub markets, notably King’s... Read More

Central London Vacancy Rates at Lowest in over a Decade

Posted on 11 February, 2015 by Chris Grigorovsky under Industry News

According to a report from BNP Paribas Real Estate, Central London has seen one of the biggest declines in office vacancy rates since the year 2000. In regards to take-up, during the fourth quarter of last year, 4.49m sq ft of leasing was recorded,... Read More

London Investment approaches pre-recession peak in 2014

Posted on 21 January, 2015 by Kirsten Kennedy under Commercial Sales and Lets

Although the London commercial property market has proven immensely strong since the end of the financial crisis, in the years to 2013 it was yet to reach the heights of the pre-recession peak in 2007. However, in 2014 overseas investors and a growing number... Read More

Resurgent Financial Sector fuels London Office Supply fears

Posted on 2 January, 2015 by Neil Bird under Industry News

London’s resurgent financial sector has increased the demand for office space in the capital to levels not seen for many years, leading to warnings of rising rents and supply shortages in the course of 2015. According to data from Cushman &... Read More

The City and Westminster move to stem flood of Office Conversions

Posted on 18 December, 2014 by Cliff Goodwin under Top Properties

Two London planning authorities have taken steps to cut the number of developers snapping up offices and turning them into luxury housing. In the first move of its kind, owners wanting to convert City of London offices into flats and apartments will... Read More

Central London Commercial Property Investment passes £15 Billion in Year to Date

Posted on 2 December, 2014 by Neil Bird under Commercial Sales and Lets

Commercial property transactions in central London of £2.9 billion during November, took the figure for the year to date to £15.4 billion, according to DTZ. With ‘under offers’ currently standing at £3.8 billion, and other properties at ‘best... Read More

Stress and the City: The Priory to open Fenchurch Street Clinic

Posted on 30 October, 2014 by Neil Bird under Business News

The Priory, best known as the celebrity rehab centre of choice, is to open a clinic in the heart of the City as the number of working days lost to stress related illnesses soars. The new Fenchurch Street facility, which will open its doors before the... Read More

Lloyd’s of London linked with Scalpel Switch

Posted on 13 August, 2014 by Neil Bird under Top Properties

A report in today’s Evening Standard suggests that Ping An, the Chinese owner of the landmark Lloyd’s Building, is seeking to remove its eponymous tenant by 2019. City Spy cites unnamed sources who believe that Ping An, who paid £260m for the... Read More

Poor Broadband Connectivity could leave the City in the Slow Lane warns Corporation Chief

Posted on 30 July, 2014 by Neil Bird under Business News

The lack of affordable superfast broadband in the Square Mile is a block on growth says a City of London Corporation chief. Writing in City A.M. Mark Boleat, Chairman of the Corporation’s Policy and Resources Committee, warns there is a danger that... Read More