Ten Portman Square — British Land’s iconic West End office block built as part of the investment company’s 2010 Development Programme — is now fully let. Weston Homes, a home counties residential developer, has taken a new lease on the... Read More
Two years after it first bought into London’s Paddington Square development, British Land has extended its investment in the campus with the £210m acquisition of One Sheldon Square. The purchase, from Malaysia’s Employees Provident Fund, brings... Read More
West End retailers could be facing record business rates demands by 2017, one of Britain’s leading property service providers has warned. According to new research by BNP Paribas Real Estate, businesses based in England will forced to pay rates bills... Read More
Rising rents in London are a positive trend for developers and landlords who, after numerous years of recession, welcome the boost to income and the opportunity to engage in speculative builds. However, for small independent businesses, the increases... Read More
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’s Haymarket Hotel has been named the best in the UK. The Piccadilly hotel beat off hundreds of rivals to gain the accolade in the TripAdvisor Travellers’ Choice Awards. It also scooped seventh place in the European top hotels category and 20th in... Read More
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
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
British Land has announced wave of new lets, with Rock Up, Glow & Co and Fussy Nation agreeing terms at Whiteley Shopping Centre in Hampshire. Rock Up, an indoor climbing adventure operator, has taken a 4,786 sq ft unit on a 10 year lease, with the... Read More
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
