Tag: West End

Commercial Property Rents and Capital Values Remain Steady in May

Are signs of improved rental growth starting to emerge
Posted on 9 June, 2016 by Chris Grigorovsky under Economy, Industry News

It’s been revealed by CBRE’s latest Monthly Index that commercial property rental and capital values in May remained steady across the UK, despite “a great period of uncertainty.” Commercial rental values grew by 0.1%, while capital values... Read More

London’s West End Named Top Retail Destination in Europe

London’s West End Named Top Retail Destination in Europe
Posted on 16 March, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

A new 2016 Global Retail Destination Index launched today at MIPIM, has revealed London as top retail destination in Europe. Created by New West End Company and commissioned with Savills, the “Window to the world” report has ranked London’s West... Read More

Record Rental Value Helped 2015 Perform Strong for Investment

Record High Rental Value Helped 2015 Perform Strong for Investment
Posted on 12 January, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

With help from the highest rental value growth since 2008, the total return on investment from the UK commercial property sector at the end of 2015 was strong, reaching 14% along with December delivering returns of 1.1%, CBRE's latest Monthly Index reveals.... Read More

City and West End Markets enjoy a Busy Late Summer

Posted on 27 September, 2015 by Jodee Redmond under Commercial Sales and Lets

August is traditionally a quiet month for leasing activity. However, according to data from BNP Paribas, take-up in the City of London office market was surprisingly high, totalling an impressive 660,000 sq ft across 37 deals. This brings the total take-up... Read More

The Crown Estate welcomes Freeths to One Vine Street

Posted on 23 July, 2015 by Cliff Goodwin under Business News

One of England’s oldest law firms has taken the entire third floor at The Crown Estate’s One Vine Street office block. The 6,000 sq ft deal secures the last available space at the West End building. Founded 210 years ago in the East Midlands,... Read More

Jo Malone heads to Regent Street

Posted on 16 July, 2015 by Kirsten Kennedy under Business News

British fragrance house Jo Malone London will open the doors of its first Global Premier Boutique on Regent Street this autumn, after signing a lease agreement with The Crown Estate. Asset manager for Regent Street at The Crown Estate, Katerina... 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

Selfridges swoops on Wigmore Street Property

Posted on by Kirsten Kennedy under Commercial Sales and Lets

Selfridges has reportedly snapped up a £90 million property just a stone’s throw from its Oxford Street flagship store. According to the Evening Standard, businessman Galen Weston and his family, who are highly active within the Selfridges Group,... Read More

Booming London Economy drives growth for Great Portland Estates

Posted on 21 May, 2015 by Kirsten Kennedy under Business News

Great Portland Estates’ annual results, which were released yesterday, show strong capital growth from its Central London portfolio. The results were driven by a combination of rental growth and development surpluses, which have seen the value of the... Read More

Orchard Street snaps up West End Office Building in £36.5m Deal

Posted on 18 May, 2015 by Chris Grigorovsky under Commercial Sales and Lets

Orchard Street Investment Management has successfully acquired 64/76 New Oxford Street in a £36.5 million off market deal, on behalf of St James's Place Wealth Management. Jaro Real Estate purchased the mixed-use West End property in 2011 on behalf of... Read More