Tag: the City



Gherkin Sale set to ignite Overseas Interest

Posted on 29 July, 2014 by Kirsten Kennedy under Commercial Sales and Lets

The announcement that the Gherkin has been placed on the market is expected to ignite interest among overseas investors. 30 St Mary Axe, one of London’s most recognisable landmarks, collapsed into receivership earlier this year after the... Read More

Lloyds has no intention of leaving landmark building says Rogers

Posted on 4 June, 2014 by Neil Bird under Top Properties

The architect of the landmark Lloyds’s Building has denied reports that the insurance institution is planning to quit the address in favour of a nearby development. The story that Lloyds was in talks with Henderson about a move to its upcoming... Read More

Lloyds discusses ‘Gotham City’ switch

Posted on 2 June, 2014 by Neil Bird under Top Properties

Lloyds of London is involved in talks which could result in the insurer quitting its iconic City headquarters for the forthcoming Gotham City development according to the Sunday Times. Lloyds has occupied the Grade I listed Richard Rogers designed... Read More

City Skyscrapers Command Premium Rents but is the Era of the Glass Tower drawing to a Close?

Posted on 28 May, 2014 by Neil Bird under Top Properties

Recent data assembled by Knight Frank reveals that The City’s office skyscrapers are able to command higher rents than their low-rise neighbours. The figures show that the premium paid for space in towers has risen to 8.3 per cent, compared with 4.5 per... Read More

Work on ‘Walkie-Scorchie’ Sun Shades to begin this Month

Posted on 15 May, 2014 by Neil Bird under Commercial Developments, Top Properties

Work is scheduled to begin this month to fix the ‘death-ray’ effect at the City’s Walkie-Talkie skyscraper, the developers have announced. Planning permission has been granted for the installation of sun-shades on the building which will prevent... Read More

Two new tenants confirmed for Walkie-Talkie

Posted on 2 May, 2014 by Neil Bird under Top Properties

Canary Wharf Group and Land Securities’ 20 Fenchurch Street is now 87 per cent let, the developers have announced. The news comes following yesterday’s confirmation of two new tenants for the 37 storey City tower, popularly known as the... Read More

Central London Commercial Property Investment hits Record High

Posted on 11 April, 2014 by Kirsten Kennedy under Commercial Sales and Lets

International investors continue to flock to London with the improving economy and the capital’s “safe haven” status combining to create a lucrative environment. As a result, investment in the central London property market has hit a record high, with... Read More

Flourishing Tech Sector increases Share of City Office Space

Posted on 19 March, 2014 by Neil Bird under Business News

London’s flourishing tech sector is rapidly expanding beyond its Silicon Roundabout heartland and increasing its share of City office space. Last year, according to new figures from DTZ and JLL, take-up among tech firms accounted for over one million... Read More

Walkie-Talkie almost 90% let as Sky Garden approaches Completion

Posted on 17 February, 2014 by Neil Bird under Commercial Developments, Top Properties

Land Securities and Canary Wharf Group’s 20 Fenchurch Street is now almost 90 per cent let or under offer, with the first tenants due to move into the property in April. The opening of the City tower – popularly known as the Walkie-Talkie - will be marked... Read More

Broadgate Redevelopment to Expand Retail Offer

Posted on 3 January, 2014 by Neil Bird under Commercial Developments, Commercial Sales and Lets

British Land and new joint owners GIC have unveiled plans to redevelop Broadgate, the 32 acre office and retail complex in the City of London. The plans follow the acquisition of a 50 per cent stake in the estate by GIC from Blackstone which is... Read More