31 January 2012
Construction of one of the biggest buildings in London is set to commence now that an accord has been finalised between property developer British Land and Swiss banking group UBS... read more
30 January 2012
Wates Construction has been named as the company that has successfully won the contract to be able to work on the brand new offices, which are to be built in Hammersmith Grove in West London.
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26 January 2012
When it comes to supply and demand, the latter is outweighing the former in terms of office space across the United Kingdom, and nowhere is this truer than in London... read more
17 January 2012
The chief executive officer of one of the biggest commercial property firms in the United Kingdom, British Land, is Chris Grigg, and he says that the skyline of London needs to evolve to become more like that of Manhattan if it wants to keep attracting firms to the city. .. read more
13 January 2012
Government buildings that have been empty for more than ten years are costing taxpayers thousands of pounds, according to ministers... read more
10 January 2012
There is a large variety of available office space in London, the London Chamber of Commerce and Industry claims. A spokesman for the non-profit, independent business support and networking organisation, Iain Smith, says that the location where a property is situated depends entirely on what is required from it by the potential occupants.
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9 January 2012
Planning permission has been given for new office space at King's Cross, as well as Camden Council's contact centre, a modern public library and new two-pool public sports centre. .. read more
6 January 2012
Great Portland Estates has concluded the exchange of contracts in order to be able to sell off their long leasehold interest in the commercial property that is situated at 28/29 Savile Row, W1. A joint venture between Allied London LLP and Aerium Finance Limited has purchased their share in the property... read more
4 January 2012
Offices in London are at higher risk of being burgled over the festive season than during any other time of the year, according to one leading commercial property consultant. Offices are frequently left empty over the Christmas holiday period, with people enjoying their office parties and bank holidays, while the longer hours of darkness associated with the winter months mean that such places become much easier targets for criminals, Search Office Space claims... read more
3 January 2012
Approximately 14 million square feet of serviced office space in the United Kingdom is reaching a break clause or expiry of a lease, property agents Jones Lang LaSalle claim... read more
29 December 2011
Secondary office space of poor quality accounts for nearly 70 per cent (721 square feet) of all office space in the United Kingdom. The new research by DTZ considers the quality of the office space in the UK, defining them in terms of grades - A meaning prime quality office space, B meaning good quality secondary office space, and C meaning poor quality secondary office space. .. read more
28 December 2011
Canadian investor Brookfield is intending to expand its empire into London... read more
14 December 2011
"Convenient and flexible" office space is to be made available at railway stations throughout the United Kingdom, and will commence initially in London, as a result of an agreement which was made yesterday between Network Rail and the office space provider The Office Group, which is backed by Lloyd Dorfman. .. read more
13 December 2011
National and international businesses alike are continuing to relocate to London at a steady rate, with international companies often finding that the capital city of the United Kingdom is actually a considerably more preferable choice than that of many other such locations situated throughout Europe... read more
12 December 2011
Activity in the London office space market is set to improve in the second half of next year, according to a new report from Cushman & Wakefield. .. read more
7 December 2011
Scarborough Group International's serviced office division, Forsyth Management Contracts Limited, has announced that it has leased no less than 20,000 square feet of office space situated in the centre of Moorgate, EC2, in London... read more
5 December 2011
The Walbrook is an office building located in the heart of Central London, situated less than 200 metres from the Bank of England. Despite its location and having been designed by Norman Foster's firm, the office building continues to be empty nearly two years after its completion... read more
30 November 2011
Even with the world in economic turmoil, the recovery in development activity has maintained a steady course. The growth in development that occurred six months ago has been maintained through the last half a year, with as many as 22 new starts having been recorded in that time... read more
29 November 2011
Taylor Wimpey has been given the task of building a brand new mixed-use development, which will be constructed in the north of London in a move that is expected to bolster significantly local construction recruitment.
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28 November 2011
Aker Solutions has had new London office space completed by the award winning Peldon Rose Workplace Consultants. The new workspace of the worldwide oil and gas Service Company comprises of 25,000 square feet and is situated in Chiswick Business Park in London. .. read more
25 November 2011
MERJS, one of the leading commercial property agents in the whole of London, has announced the availability of new Grade A office space located on Artillery Row in Victoria, SW1... read more
24 November 2011
Land Securities has announced that it intends to continue with the construction of its much-discussed "Walkie Talkie" building, which is to be built at the location of 20 Fenchurch Street, EC3, even despite the fact that it has so far been unable to secure a single potential tenant... read more
17 November 2011
The second largest real estate investment trust in the whole of the United Kingdom says that net asset value rose to 591p per share, versus 583p just three months earlier, noting that its shares have been boosted by its office space valuation. .. read more
15 November 2011
The office property market in London will be in for some challenging times over the course of the next 12 months, analysts from Jones Lang LaSalle are claiming. According to them, the leasing markets across all of Central London are almost certain to be flat during next year, although they do say that rental growth should return to Central London in 2013... read more
14 November 2011
The debt crisis in the Eurozone is having an impact on the office rental market in London, with few companies intending to expand into new properties in the City, according to at least one leading property developer... read more
10 November 2011
IKEA is planning to build a "mini city" covering as much as 26 acres of land in London. .. read more
3 November 2011
Energy consultancy Gas Strategies, the International Bar Association and legal firm Goodman Derrick LLP have all lately signed agreements to lease Grade A office space at the newly redeveloped 10 St Bride Street in London, EC4. .. read more
31 October 2011
While new research conducted by Colliers International has demonstrated that the availability level of Grade A office space in London stayed flat throughout the third quarter of 2011, and that quarterly take up also remains down by a quite significant amount, the good news is that pre-letting activity in Central London is at the highest peak for quite some time... read more
1 November 2011
Thames Valley in London is suffering from a shortage of Grade A office space, according to Lambert Smith Hampton. The company has released its statistics for the year's third quarter in the area, which highlights an obvious shortage of Grade A office space. .. read more
26 October 2011
IKEA has spent as much as £25 million to purchase a plot of land in East London of no less than 26 acres, with the intention of constructing 480,000 square feet of office space on the site... read more
24 October 2011
A growing lack of new office space on the London market has resulted in a fall in quarterly take-up figures, according to new research from Colliers International... read more
21 October 2011
Derwent London is collaborating with Crossrail Limited in a joint planning application for permission for a mixed-use scheme in London. The proposed scheme, which would be situated at 1 Oxford Street, London W1, would have a complete net lettable area of as much as 275,000 square feet, and would be constructed over London Underground Station and Tottenham Court Road Crossrail following completion of the upgrade works, scheduled for 2017... read more
20 October 2011
West Midlands Pension Fund has purchased more office space in Central London. The company has bought St. Andrew's House in tandem with ING Real Estate Investment Management, the overall purchasing price being no less than £25.2 million. .. read more
17 October 2011
RBC Wealth Management, a subsidiary of the Royal Bank of Canada (RBC) is on the verge of moving to new offices in London as it prepares to grow its business in the United Kingdom and therefore raise staffing levels... read more
13 October 2011
With the rise in popularity of serviced office space, designing such space in an optimal way to encourage collaboration between workers and create a friendly, warm environment has become ever more important... read more
10 October 2011
The last remaining office space at The Building, situated at 578-586 Chiswick High Road in Chiswick, W4, has been let... read more
7 October 2011
Westfield yesterday launched its first major office development in the United Kingdom at 1 Stratford Place. The commercial property, which contains a total of 130,000 square feet, is complete and ready to be occupied for requirements of between 10,000 and 60,000 square feet of office space... read more
4 October 2011
The bidding process has formally opened for companies who wish to take over the broadcast and press centres at the Olympic Park in London. .. read more
29 September 2011
The office space market in London is becoming ever more divided between the very different state of affairs in the main financial district of the capital, which is facing higher vacancy rates and falling rents, and the West End of London, which is experiencing the exact opposite with stable vacancies and rents that are highly anticipated to begin steadily rising over the course of the next few months... read more
23 September 2011
Businesses from all over the globe continue to be attracted to office space within Central London because of the excellent investment opportunities and the wide array of talent located in the area, according to those in the know. .. read more
21 September 2011
Giant UK retailer Debenhams will take 145,000 square feet of office space at the 13-acre estate Regent's Place, which is situated in the West End of London. .. read more
19 September 2011
London is seeing a growing trend toward open plan office space, according to one of the biggest suppliers of serviced offices in the capital, Avanta... read more
15 September 2011
Tower 42, the very first skyscraper to be built in the main financial district of London, has gone on the market at a discount of three per cent from the price its current owners attempted to sell it for around 17 months ago in 2010. .. read more
13 September 2011
It has been reported that the headquarters of Independent Television News (ITN), which is situated in Central London, has been purchased in a joint venture by BP Pension Fund and Great Portland Estates PLC (GPOR) for no less than £133 million (around US$210 million)... read more
12 September 2011
The community of Fulham in London is outraged over a controversial development that looks set to be given the go-ahead despite widespread concern. .. read more
8 September 2011
Picton Property, the company formally known as ING UK Real Estate Income Trust, has been able to secure a massive letting of office space in London at the site of 50 Farringdon Road. .. read more
6 September 2011
The office market in Central London has suffered a substantial slowdown, according to a new report. .. read more
30 August 2011
There will be millions of square feet more office space in London within another four years.The lack of grade A serviced office space in the City has led many major developers to begin a number of new projects in hotly sought after areas in the capital, such as the Shard, 100 Bishopsgate, the Pinnacle, the Cheesegrater and the Walkie-Talkie... read more
24 August 2011
Beltane Asset Management has been given the green light to go ahead with its development scheme for St Paul's House, at 10 Warwick Lane EC4 in London. .. read more
23 August 2011
London office developers Derwent London PLC (DLN), Great Portland Estates PLC (GPOR), and Land Securities Group PLC (LAND) have fallen in London trading following the decision by BofA Merrill Lynch Global Research to downgrade all of their ratings.
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19 August 2011
London is experiencing something of a boom in the construction of new skyscrapers designed to introduce thousands of square feet of new office space to the capital - but will there actually be enough of an appetite among prospective tenants to make the gamble pay off for the developers?
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17 August 2011
The rate of office space take-up in the city remains at its lowest level for two years since 2009 as of the most recent quarter of 2011, according to a new report from real estate adviser Equipe... read more
12 August 2011
A serious shortage of available office space in central areas is increasingly affecting businesses that are looking for commercial property in London, according to Pearl and Coutts... read more
10 August 2011
One of the developers behind the 37-storey tower that is being constructed at 20 Fenchurch Street in London, other popularly known as the "Walkie-Talkie", is currently in talks with potential tenants... read more
8 August 2011
The shortage of office space in London could ripple outwards to have a similar effect on other areas in the United Kingdom, according to experts.
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3 August 2011
Internet social media giant Facebook is moving to larger offices within the Covent Garden area of London in an attempt to increase its foothold in the United Kingdom... read more
27 July 2011
Bruntwood is moving in on the serviced office space market. The business space operator has opened up a full floor of new serviced office space in London... read more
22 July 2011
The Place had its official launch in London yesterday, as it began searching for tenants to occupy the no less than 430,000 square feet of office space that it has on offer... read more
20 July 2011
Land Securities is continuing to make solid progress when it comes to the leasing of most of its development projects as well as its investment portfolio as a whole, according to its most recent quarterly interim management statement... read more
18 July 2011
The biggest online travel company in the entire world, otherwise known as Expedia, is making an angelic move to new office space in London. The award winning Angel Building is the commercial property that has been chosen to become the new headquarters of the online travel agency. .. read more
17 July 2011
Anyone who has been planning to rent retail or office space in the sustainable building known as Ropemaker Place had better think again... read more
12 July 2011
As Generation Y begins to take pride of place in the work environment, businesses need to be aware of how the physical environment that they work in can be used in order to both attract and keep workers from this more technologically sophisticated and digitally aware demographic, according to Colliers International... read more
7 July 2011
Reflex has purchased a new commercial property in London. The commercial property magnets, who became incorporated 12 years ago in 1999 and who offer managed office space to numerous companies throughout the city, have purchased a new office building that is situated in Bloomsbury Square... read more
6 July 2011
A deal worth 61 million US dollars, is set to be sealed to acquire office space in London. The office space is located in two London towers that are collectively referred to as London City Centre and marks the second time in just four years that the towers, situated on Dundas and Wellington Street, have changed hands.
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5 July 2011
The provisional results of the RICS UK Commercial Market Survey have been revealed, and show that office space in London continues to outperform everywhere else in the United Kingdom... read more
4 July 2011
The London commercial property agency known as MERJS has acted on behalf of a charitable trust in order to let out EC3 office space. The office space, which is located on the ground floor of Valiant House at 4-10 Heneage Lane, has been rented out to Synergy Insurance and comprises of no less than 1600 square feet (which amounts to 149 square metres) of office space that has only recently undergone refurbishment. .. read more
1 July 2011
There will soon be new office space on London Wall after the granting of permission for developers to begin construction on a new commercial property in the place where St Alphage house and tower currently stand... read more
30 June 2011
Camden Council's refusal to allow property developers to redevelop the Saatchi & Saatchi building, which is situated in London, has been overturned by the Mayor of London, Boris Johnson. .. read more
29 June 2011
Work is set to recommence on the skyscraper known as the "Helter Skelter" in Central London in a bid to take advantage of an expected shortfall of office space in the city.
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27 June 2011
The rate of leasing for office space in Central London doubled in the month of May, according to new figures... read more
21 June 2011
When it comes to the rash of new skyscraper developments aiming to take advantage of the growing lack of office space in Central London, Heron Tower is leading the charge and is well ahead of the pack. The building on Bishopsgate, close to Liverpool Street, is 750 feet tall and is now open for business. .. read more
20 June 2011
The plans by Chancellor George Osborne to change planning laws to make it easier for office buildings to be converted into residential property in Central London are a bad idea, at least in the opinion of the City Planning Officer for the Corporation of London, Peter Rees... read more
17 June 2011
Private equity firm the Blackstone Group PLC and British Land have been given the green light to demolish the building currently situated on 5 Broadgate, in what is being seen as a shock decision by the UK government. The redevelopment of the site, intended to be the new headquarters in the United Kingdom for Swiss banking company UBS AG (UBS), was given planning permission two months ago back in April. .. read more
16 June 2011
Businesses in search of office space are being told to consider searching outside of London as rents spiral thanks to a combination of growing demand and a shortage of commercial property. Searching out a building with an adequate amount of office space outside of London may now be far more cost effective for the great majority of businesses, at least according to the British Council for Offices (BCO) Urban Group... read more
8 June 2011
The plan to redevelop an office block on Charlotte Street in the London borough of Camden by Derwent London has been soundly rejected by the local council. .. read more
7 June 2011
The planned development by private equity company Blackstone Group and British Land is in trouble following the recommendation by an architectural watchdog that the site of the proposed project, the Broadgate office complex in Central London, be given "listed" status due to its special historic and architectural interest... read more
6 June 2011
Planning approval has been received for a scheme to create new office space in Weybridge in London. A new development project that will create no less than 103,600 square feet of office space at The Arrows Site, Brooklands, has been given the green light, much to the delight of the two companies behind the scheme, Rockspring Property Investment Managers and Exton Estates.
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3 June 2011
There has been a huge investment increase in offices in London's Midtown, at least according to Farebrothers, who specialise in commercial property in the area... read more
3 June 2011
It looks like it is shaping up to be a boom period for the office space market in Central London. Great Portland Estates and Derwent London have both achieved strong gains, showing how the market is booming over the last week. However, the latest update from Land Securities is what really set the industry buzzing, with the company announcing they intend to start a speculative building spree in order to cash in on the shortage of office space in London as soon as possible. .. read more
25 May 2011
The prices of offices to rent in Central London are continuing to go up, according to one of the biggest commercial property companies in the whole of the United Kingdom... read more
23 May 2011
Land Securities is set to benefit from what it describes as an "acute" shortage of office space in London. After impressing the market this week by reporting a rise of no less than 20 per cent in its net asset value, the company has now stated its intent to develop more properties in the London area in order to capitalise on the lack of available office space in the capital... read more
19 May 2011
Offices to let in London are proving strong performers for REIT Derwent London... read more
17 May 2011
The City of London has moved to acquire an interest in 20 Fenchurch Street, otherwise popularly known as the "Walkie Talkie" tower. The Planning and Transportation Committee of the City of London Corporation has given the seal of approval to a recommendation that the City acquire an interest in some areas in order to ensure that developments will go ahead without being stopped by injunctions. .. read more
13 May 2011
United States hedge fund company York Capital Management has spent up big in order to rent office space on Savile Row. The hedge fund has signed a deal agreeing to pay £97.50 per square foot of office space at number 23 on the famous street, a price actually almost double the cost of a tailored suit from the same iconic neighbourhood. .. read more
11 May 2011
A company that specialises in providing first class visual effects for the film industry is taking up residence in the West End of London. Double Negative has taken out a lease on the entirety of the available office space at 160 Great Portland Street in the London district of W1, according to Great Portland Estates, which made the announcement yesterday. .. read more
10 May 2011
Mulberry in Kensington has been unveiled. The building on Kensington Church Street, previously occupied by finance company McKinsey, contains 3700 square feet of office space and has been refurbished by Universal Design Studio to serve as the new home for Mulberry... read more
9 May 2011
Investors from overseas countries and the increasing shortage of office space in London have seen the doubling of direct property investment during the first quarter of this year. Eight billion pounds (over 13 billion in US dollars) has been generated so far, with the majority of the direct investment focused primarily on offices in Central London according to real estate services company Jones Lang LaSalle (JLL.N)... read more
6 May 2011
The construction of new office space in London's West End has shot up dramatically over the course of the last three months, with more construction of new offices to let underway than any time for over two years. .. read more
5 May 2011
TIAA-CREF has received planning approval to go ahead with its proposed redevelopment of 1 Angel Court in the city of London. The commercial property, which was constructed over 30 years ago in the 1970s, is located at an appealing central location situated between many new office buildings and the Bank of England, with the company's redevelopment of the site being seen as a key instrument in the overall revitalisation of the Bank Conservation area. .. read more
4 May 2011
The West End of London is the most expensive place to find offices to rent in the whole world, according to a new report. The annual Global Real Estate Markets report from property agency Knights Frank claims that office space in the West End of London has pipped Tokyo to the post as the most expensive area to rent in the whole world after rising no less than 31 per cent. .. read more
3 May 2011
London & Stamford Property PLC, the real investment trust company based in the United Kingdom, has just spent a record breaking 75 million UK pounds to purchase two new office buildings in the city of London... read more
28 April 2011
The refurbishment of around 50,000 square feet of office space at 65 Southwark Street in London got underway last week. The project, which is the only such major office space related scheme in the Southbank area to be happening this year or before at least March next year, is being undertaken by property developer Moorevale, in conjunction with their funding partner, Rockspring. .. read more
27 April 2011
A new office building development project in London has been given the go ahead. The new commercial property, which will be situated at 5 Broadgate, has been given official planning permission by The City of London Planning Committee, and will be used by UBS, a financial services company.
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21 April 2011
The boom era for skyscrapers in London is over, according to at least one architect. Ken Shuttleworth, the architect in charge of the design team behind the Gherkin office building, says that "The age of bling is over" and that in future office space will be built in a much smaller form... read more
18 April 2011
The shortage of available office space in the West End of London is now becoming critical, according to at least one worldwide expert in the field. Global property consultant company Cushman & Wakefield say that with no major commercial property developments underway in the West End in 2011, it means that growing demand is only going to continue to push the rent price for serviced offices in the area sky-high. .. read more
19 April 2011
It is perhaps rather ironic that with much being made of the shortage of office space in London, some former office buildings, and warehouses are now being converted into residential homes. Commercial buildings that are no longer viable as office buildings - perhaps due to modern day health and safety regulations, perhaps simply because of the high cost of office space in Central London - are being converted into luxury homes... read more
15 April 2011
One of the biggest providers of marketing software and cloud based public relations, Vocus Inc, is moving its base of operations in the United Kingdom to new offices in London. The new office space is more than twice the size of its former London location and, situated at Longbow House, 20 Chiswell Street, and means that the company is positioned closer to clients and prospective clients... read more
14 April 2011
London is set to face the worst shortage of Grade A office space in over two decades, according to a new report. The report, which has been released by the real estate division of Capita Symonds, estimates that the commercial property sector is going to see a shortage of Grade A office space the likes of which has not been experienced since the 1980s... read more
13 April 2011
Ventia, the office space provider company that runs serviced offices in London as well as Bristol and the Thames Valley region, has purchased another commercial property in London. The new office, which is situated between Embankment and Savoy Street in Westminster, will give businesses an immediate view of the East Thames and is a joint investment between Ventia and the Duchy of Leicester. .. read more
19 April 2011
Banks and other financial institutions in London are crying out for new office space, a demand that is almost certain to speed up the development of new commercial property in the area, according to industry analysts... read more
20 April 2011
Apple will be moving into yet more office space in the West End of London, it has been announced. The computer and technology giant will be occupying 7181 square feet of office space at 10 Slingsby Place, which is located at the mixed-use development of St Martin's Courtyard in Covent Garden. .. read more
19 January 2011
Real Estate Opportunities PLC, the property business company founded by Richard Barrett and Johnny Ronan, says it has seen "significant interest" from potential investors with regard to their multi million pound redevelopment of the iconic Battersea Power Station site, but has yet to lock down any definite deals. That was the word from the company in an interim management statement related to the events of the last three months. Despite the lack of a definite investment deal, however, Real Estate Opportunities PLC insists that construction on the mammoth commercial property project is still on track to begin Phase 1 next year, for completion sometime in 2016. .. read more
13 January 2011
Development company British Land has seized control of the buildings on the Marble Arch House site following the purchase of the properties, with the intention of redeveloping the site with a bold new building designed by Bennetts Associates Architects... read more
11 January 2011
MERJS has successfully let the ground floor of its commercial property London office space location at 6 Duke Street. Popular fitness company Ten Pilates were the successful tenants, who have acquired the lease for the whole of the ground floor of the property, which comprises two thousand, four hundred and eighteen square feet (or two hundred and twenty four square metres). The tenancy is for twelve months and comes with a full repairing and insurance lease. It seems that the company will be using the commercial property for one of its fitness studios, rather than as office space. .. read more
6 January 2011
The city of London was regarded as a "safe haven for investment" over the past year, according to new figures that show almost ten billion UK pounds was spent in the making of commercial property deals connected with the city in 2010.The figures were released by property agent firm Cushman & Wakefield, and see a rise in over three million from the commercial property investment totals of the year before, with only just over six and a half billion UK pounds' worth of deals having been made in 2009... read more
4 January 2011
Propinvest Group has sold off its Blade portfolio to Delancey, who have partnered with The Royal Bank of Scotland to acquire the property for an as yet undisclosed amount of money. The Blade portfolio comprises of twelve different assets which covers both executive office space in addition to commercial property in the retail and leisure industries... read more
21 December 2010
The commercial property deal of the year in London has been made by JP Morgan Asset Management, which has purchased a key building from Hammerson PLC and the Oman Investment Fund (OIF). The Bishops Square Holdings Limited office complex was sold to JP Morgan as part of a 25 / 75 joint venture by Hammerson, the FTSE 100 property company, and the Oman Investment Fund, an Omani government investment firm. The building was purchased for a record breaking £557 million. Hammerson originally purchased its share in the complex from the City of London three years ago in 2007, then sold off seventy five percent to the Oman Investment Fund in the June of 2009. The complex was previously valued at around £510 million just six months ago in June. .. read more
14 December 2010
Friends Provident intends to move its London base, according to an article published in The Daily Telegraph. The paper claims that the financial services group is close to signing a deal with Land Securities to shift location and secure new executive office space in One New Change, the £540million development which has only recently opened in the centre of London in October, and which covers around 560,000 square ft... read more
7 December 2010
London's skyline is set to transform under the wave of new multi-storey towers either set to be or already under construction in the city - and history has already been made. The tower known as the "Shard of Glass", while still being built, has already officially become the tallest building in the whole of London. It has just passed the two hundred and thirty five metre mark, therefore surpassing the One Canada Square multi storey tower in Canary Wharf, which was the previous record holder, having been "London's Tallest Building" for the last eighteen years... read more
3 December 2010
Savoy Court has been sold by its current owner Redevco, to the Universities Superannuation Scheme (USS). The Universities Superannuation Scheme bought the commercial property for an astonishing 45 million UK pounds... read more
30 November 2010
A new business centre offering executive office space in London is already nearing full capacity, despite having been open for just three months. After just over ninety days of operation, since opening on 16th August, the business centre in Marylebone is already at 90% occupancy. .. read more
26 November 2010
Over 4million square feet of executive office space in London has been 'lost' in the course of the last decade, according to a new study by property consultancy firm H2S0, which looks at Westminster planning data. The 'lost' office space hasn't been sent to a desert island, however, but converted into other facilities... read more
22 November 2010
Commercial property in London is beginning to look very attractive for investors from China, according to a new report from real estate advisement company Cushman & Wakefield. In the last month, two of the biggest banks in China, the China Bank of Communications and the Agricultural Bank of China, have both sought out executive office space in the city's Square Mile... read more
18 November 2010
The development company known as Hammerson has submitted its plans for the EC2 Project, also known as Wall Place, which will be built on the area of the old St Alphage site, providing its plans meet with council approval. The scheme, if approved, is expected to create new executive office space of around 500,000 square feet. .. read more
13 November 2010
The East End of London will become a "Tech City" to rival Silicon Valley. That's the hope of British Prime Minister David Cameron, anyway. Speaking to business leaders in the East End of London yesterday, Cameron says that the press and broadcast centres set up in Olympic Park to cover the 2012 London Olympics will then live on as "accelerator space" that will offer high tech facilities, expertise and executive office space, with companies such as Facebook, Google, Intel, McKinsey & Co and Vodafone apparently having already confirmed their intention to invest in the area... read more
9 November 2010
The rate of take ups of executive office space in the West End of London area known as St James has doubled over the course of the last twelve months. That's the conclusion of BNP Paribas Real Estate, anyway, which says that more than two hundred and fifty thousand square feet of executive office space has been leased out over the course of the first quarter of this year, an increase of no less than one hundred percent on the take up of office space recorded last year in 2009... read more
4 November 2010
The Cricklewood Development Scheme is going ahead. The development scheme, set to cost somewhere in the region of four and a half billion United Kingdom pounds, has been granted full consent to go ahead by Barnet Council. .. read more
3 November 2010
Media agency Mindshare has become the first official tenant of the new central London office space development building Central Saint Giles, the vibrantly coloured building designed by Renzo Piano. Central Saint Giles consists of nine cafes and restaurants - located around a central courtyard piazza - as well as fifty three reasonably priced homes, fifty six private apartments and no less than thirty seven thousand square metres of Grade A office space. .. read more
29 October 2010
Major development schemes mothballed during the recession are back on in force, with the city of London welcoming several new developments, including the long stalled construction of the "Cheesegrater" building, also known as the Leadenhall Building, a tower comprising of no less than forty seven storeys. .. read more
25 October 2010
A government plan to kill two birds with one stone - make money and increase the amount of office space in London by leasing out some of its own unused space to private companies - could backfire badly, according to some property experts. .. read more
21 October 2010
A number of properties in the trendy London neighbourhood of Notting Hill have been purchased by LaSalle Investment Management and the privately (family) owned William Pears company (one of the largest private landlords in the whole of the United Kingdom) at a mammoth cost of a hundred and thirty one million pounds (two hundred and eight million in United States dollars). .. read more
18 October 2010
Battersea Power Station, the largest brick built structure in the whole of Europe, has been a closed shop for the last twenty seven years. Now, however, the building could be about to re-open - not as the power station of yore, but as prime commercial property in which to place executive office space. .. read more
14 October 2010
According to new figures, take up of London office space is on the increase. BNP Paribas Real Estate says that the take up of executive office space in London is greater in the third quarter of the year than it was in the second, but also that it has surpassed the amount of take up in the same time period last year. BNP also says that rents for office space have likewise risen in the London area in all subsectors of the market. .. read more
11 October 2010
A new line of networking clubs aiming to give office space to female entrepreneurs has undergone its official opening in the city of London. Businesswoman Lynne Franks, who is already the founder of the SEED (Sustainable Enterprise and Empowerment Dynamics) empowerment programme for women, decided to create the project, which will utilise executive office space in Covent Garden, when she realised that there was a gap in the market when it came to networking help for women just starting out in the endeavour of attempting to create and launch their own businesses. "It occurred to me that there was nowhere for women to start small businesses - and even those already in business - to meet like minded females and to exchange ideas and make contacts. Women were meeting in coffee shops because there was nowhere else," she says. .. read more
9 October 2010
Office building Farringdon Too, run by flexible office and workplace space company The Office Group, and situated in the City of London, has won a new industry award for excellence... read more
7 October 2010
New York University is making a grab for some office space in London. The university already has a very popular campus in London - its most popular overseas study program, together with Paris - but from next year the London campus will accept another thirty to forty students, a move that will necessitate the grabbing of extra space for both student lounges and executive office space for faculty members. .. read more
6 October 2010
London is leading the way for Europe's recovery in the office space market, according to a new report. The report, part of the European Office Property Markets analysis from property firm King Sturge, suggests that London is recovering more quickly than any other city in Western Europe when it comes to the take up of executive office space, just ahead of other major cities such as Geneva and Paris. The study predicts a forty percent drop in the amount of vacant office space in the city, while also estimating that there will be a literal doubling in the take up of business accommodation. .. read more
5 October 2010
The Crown Estate has revealed its plans for a new development site which will offer a hundred and eighty thousand square feet of executive office space in London. .. read more
4 October 2010
The luxury building whose prime executive office space once served as headquarters to British Prime Minister Margaret Thatcher now has some new tenants - the EU. Prime office space is not the only thing that 32 Smith Square has to offer its new occupants, however, with the building, located in the heart of Westminster, also coming equipped with both bullet and bomb proof windows. .. read more
1 October 2010
The development of office space in London is "inconsistent" with that of other major cities, according to a new report which was published earlier this week. The report from the British Council for Offices (BCO), entitled "International Office Specifications - a Tale of Six Cities", takes a look at available executive office space in, as the report title suggests, six major cities - Abu Dhabi, Bangalore, Moscow, New York, Shanghai - and, of course, Central London.
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30 September 2010
The office space that is set to house twenty thousand members of the media, both from the United Kingdom and overseas during the 2012 London Olympics, is open to offers as part of a plan to ensure the building does not become a disused waste of space once the games are over.
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29 September 2010
Property company Grosvenor is launching a second London office fund, according to a report in newspaper The Independent. Grosvenor, which is owned by the Duke of Wellington, is launching a new fund allegedly worth over two hundred million pounds in order to take advantage of the currently fairly low level of available office space in the city by refurbishing old buildings.
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28 September 2010
The price of renting office space in London is climbing - and only set to go even higher as with development and supply at a twenty year low. Despite two new buildings set to open for next year, Hines' Cannon Place, which will contain three hundred and eighty nine thousand square feet of potential executive office space (with eight floors of fifty thousand square feet each), and Heron International's Heron Tower, which will contain four hundred and sixty thousand (with thirty two floors of twelve thousand square feet each), it is still not expected to be enough to cope with demand - and the end result, of course, is higher prices. .. read more
27 September 2010
Siemens has received the official green light to begin construction on their new sustainability centre development in London's docklands. The new centre, which is scheduled to be open by 2012, will now begin construction before the end of 2010 after receiving approval by Newham Council... read more
24 September 2010
Canary Wharf could be about to sell off its stake in the Walkie Talkie Tower, according to a new report from Bloomberg News yesterday. The new report claims that the Canary Wharf Group Plc might be on the verge of selling off some of its fifty percent of its stake in the Walkie Talkie development. And it is alleged that the people to whom the Canary Wharf Group Plc are allegedly planning on selling its stake in development to are none other than its own investors. .. read more
23 September 2010
A Plumtree Court office building is to be rebuilt to the tune of eighty million pounds according to a new report from The Scotsman newspaper. The paper claims that the stalled Central London office development, which was originally simply going to refurbish the building in question, is now going to be completely rebuilt after current occupants, auditing and accountancy firm Price-Waterhouse-Coopers, vacate the premises in the December of next year. .. read more
22 September 2010
Reports are filtering through that insurance company Aon is contemplating moving to a new office space within Central London. The Financial Times newspaper is reporting that an executive office space is shortly to become available at the address of 6 Bevis Marks, located within EC3, after the building was bought from its previous owner, Spanish development company Monteverde, by the German real estate banking company known as Eurohypo... read more
21 September 2010
The purchase of office space in London is an important investment for the company of LaSalle Investment Management (LS1). LaSalle Investment Management purchased the offices in London last Friday, the seventeenth of September, and sees it as an important property to add to its portfolio. .. read more
20 September 2010
The television production company behind the internationally successful reality television series "Big Brother" is moving to Manchester. Remarkable Television, which is actually a subsidiary company of international television production company Endemol, which made what was arguably the first reality TV phenomenon, is opening an office in the city of Manchester for the very first time. .. read more
26 March 2010
You have to admit, even to those of us who have lived in London all of our lives, there is simply something wonderful, decadent, brilliant, and amazing about West End living and working. Full of art galleries and museums, shops and bars; teeming with nightlife, yet full of corporate and business bustle during the day. For many up-and-coming business owners, establishing an office in the West End would be a dream-come-true. And, if this is true for many of us already here, think about those whose business dream is to move into west central London? But it doesn't have to stay a dream. In fact, now is the perfect time to create a West End presence; and Reflex's short-term managed office solutions can help... read more
25 March 2010
Attracted to the idea of an office in Central London or the West End? If so, then a short-term office may be ideal for you. There are a lot of benefits to short-term office solutions and they suit a range of business endeavours - from new and start-up businesses with limited trading history to established companies pursuing project efforts that may be in need of temporary overflow space. Freedom to Try- Because they require a minimum capital outlay, short-term offices give start-up businesses the freedom to test their skills, test the market, test the area, and, if not ideal, pack it in or move elsewhere without major loss or penalties... read more
18 March 2010
London is awash with Victorian buildings and monuments - from Holy Trinity Church at Sloane Square to the Houses of Parliament and Harrods - the beauty of Victorian architecture can be seen across the city in a great diversity of use. Looking at it, you cannot help but wonder how much of a positive impact having an office in a Victorian building would have on my business. It would certainly make a much-needed statement. London is one of the major business centres in the world. Competition here is fierce. To succeed, a new business needs an edge and the type of building it's housed in can provide at least part of that edge. And, this is where Reflex Office Solutions comes in. Reflex offers short-term, managed offices housed in Victorian and Edwardian buildings located throughout London; providing new and established business owners an opportunity to set themselves apart from the rest. Merely having an office in a Victorian and Edwardian building makes a business seem more interesting - at least from the outside. And, isn't getting clients through the door half the battle?.. read more
17 March 2010
Are rising office rents a sign that the recession has ended? This time last year, London was awash with available space at attractive rates. Few people wanted to move or commit to long-term leases and landlords were doing whatever they could to attract new tenants. But, the trend didn't last long. By the end of 2009, rents were beginning to rise again. In fact, before 2010 was even ushered in, rented office space had increased to nearly 4 million square feet - a 26% rise over 2008. Now, we are continuing to see rents rising as availability declines. As an idea of what the rest of 2010 will look like, it is predicted that the rental cost for a new, grade "A", office-to-let space will rise by 13%. That puts traditionally-leased space at around £50 per square foot by the end of the year. In addition, it is predicted that leasing contracts will be longer and there will be fewer rent-free periods offered to go with them. For us, this means that, for the new or struggling business owner, short-term managed and serviced office options are more important than ever... read more
16 March 2010
1. Allocate your time - The start of the moving process really begins the moment you decide to move. To ensure a stress-free as possible move, draw out a timeline of activity to take place. When should we create the new floor plan? When do we phone utilities? What can we pack and when? Remember, little things - like seasonal weather or bank holidays - will affect your moving plans. 2. Create a checklist - with so many things large and small to be done, a checklist ensures you don't miss anything. It is helpful if you create the checklist to coincide with your timeline. Place tasks in order of when they need to happen - what should you be doing four months before your move? Two months? Two weeks? The day before? The more comprehensive your checklist, the easier your moving task. 3. Keep your landlord friendly - You're moving out and he's losing a tenant, so a little extra TLC may be in order. Remember, while he may not be your landlord much longer, he will continue to be a reference for a long time to come. So keep him/her sweet... read more
6 August 2009
Have you ever wondered what the tallest office buildings in London are? The city of London with its skyscrapers and towers creates an impressive skyline, but which of the buildings is actually the tallest? Here is a top 10 countdown beginning with the shortest of them all. Bringing up the rear we have 10 Upper Bank Street. This building is 151 meters tall and is where Clifford Chance, the World's largest law firm is to be found. With 32 storeys's this structure could by no means be described as "petite" however. It was designed by the architectural firm of Kohn Pedersen Fox and built by Canary Wharf Contractors... read more
23 December 2008
Business has certainly seen better days, but as 2008 draws to a close, we're seeing some positive outlooks for the New Year. Surveys and reports carried out over the last few months are showing that entrepreneurs with drive and determination are refusing to be thwarted by the current financial crisis.
Whereas larger corporations are feeling the pinch more severely, closing down departments (if not entire businesses) and making unfortunate redundancies, individual entrepreneurs and small to medium enterprises are seeing a more positive perspective. As with all hard times and economic downturns, opportunities do arise for those with the wherewithal to take them. The verdict of recent surveys is that courage and foresight is keeping entrepreneurs optimistic. .. read more
15 December 2008
Offices these days depend on technology to get the job done. We use the internet for email, for downloads, for uploads, for file sharing, for everything it seems. So when things go wrong it can be incredibly frustrating.
We've all experienced printers not printing, the internet connection crashing, computers freezing, and it can make a tough day suddenly get tougher. But what to do when it feels like your office has suddenly stopped functioning?
You may feel like picking up the computer and doing something fairly violent with it, but it's probably best to take a few moments out and re-think the options. Firstly, connections do crash sometimes, and there's not much we can do to stop it from happening. There are countless technical reasons for the internet to go wrong, it's an incredibly complex system, but hitches are generally only temporary... read more
10 December 2008
At Reflex we pride ourselves on our IT infrastructure. We want the best for our clients and believe we have put in place facilities to rival those of a standard managed office service. One of the questions we are constantly asked about the IT we provide is why we don't use ADSL. I therefore thought I would put together a little explanation as to why we think SDSL is a better solution for our customers and our office space. What is 'Upstream' and 'Downstream'?
Anything you send from your PC to the Internet goes 'upstream', while anything you receive to your machine from the Internet comes 'downstream'. So, when you click on a hyperlink, your browser sends a few characters upstream to request the page that the hyperlink points to, and the page comes downstream to your PC so you can see it. For general browsing of the internet you send very little information upstream, but get a lot back downstream. With this in mind ADSL broadband was designed and intended primarily as a home user service with a high download and slow upload speeds. .. read more
8 December 2008
Most of the businesses based in Reflex managed offices will have been affected by the temporary VAT cut, so it's an interesting topic to consider this week. Only one week on, and so far it seems the general opinion from the business community is a big fat thumbs down to Brown's effort to lift consumer spending. In fact, many would argue that the VAT cut is proving to be a far larger headache than a help. Soho's business community is no different.
The majority of small, and large, businesses are finding the admin costs far outweigh any benefits from sales increases. Instead, it's diverting much needed man-power at one of the busiest times of the year and costing cash to re-price and re-invoice. However, some businesses have used the cut in more creative ways. Rather than changing individual prices, they're simply offering VAT-free promotions, to increase sales. But at the end of the day, businesses are aware that the price changes will need to be reversed once the VAT is raised again. And will any of this have made any difference to the economy? Many think not... read more
22 October 2008
While the office space we offer could be seen as a cult classic, right now I am discussing the film not our superb work enviroments! Office Space, one of the most beloved comedies of the late 1990s, is a satire of the typical office job in which most of the characters are fed up with their jobs. The 1999 feature was written and directed by Mike Judge, creator of the Milton cartoon series, and quickly became a cultural phenomenon. In fact, the film was not even a commercial success until it hit video -- it has sold well on DVD and video. Office Space now even has a cult following with hordes of people quoting the movie's script from time to time. It is important to note that the creator of Office Space didn't make his directorial debut with this film, but it is Judge's first venture into live action film. His first feature length film happened to be Beavis and Butt-head Do America. When Office Space was originally released theatrically, moviegoers had a good idea of what brand of humor to expect when they got the theatre -- a full dose of low-key irony... read more
1 September 2008
Reflex Office Solutions welcome you to our new Blog. Not only will this keep you up to date of all the the latest Reflex news but we will also occasionally comment on the London Serviced Office industry as a whole. You can also find this blog listed in the following trade listings: Real Estate Blogs Directory
- Directory of real estate blogs and blogs of industries affiliated with and
serving the real estate industry.
Soho Properties- real estate agent
Soho Properties is a leading property agent and location specialist based in Bangkok, offering a first-class service for all your property-related needs.
Please also check out our friends at London Online for more information about Soho and the surrounding area .. read more
18 August 2008
I believe that Reflex is a good barometer of what is happening in the core of the business economy and the questions that keep arising is how bad are things at the moment how bad good things could get. At the time of the last major downturn in the economy which was in 2001/2 we had about 30 clients. The experience for Reflex during this period was of clients either going bust or requiring help in the payment of their monthly licence fees. Now we have approximately 100 clients and since the beginning of the year we have had 1 client go into administration and no-one is looking for credit extensions. The majority of clients that have left us or are planning to leave are doing so because we cannot accommodate them from either a location or cost perspective... read more
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