NSPCC – The Gherkin Challenge 2015

One of these days I’ll get around to actually doing one of these events and not just talking about them, but for those of you that have a spare Sunday on September the 6th and a robust set of knees and lungs, then the NSPCC’s annual invite to ascend the Gherkin is surely for you? […]

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Moving on up in Midtown

Quarter one was business as usual for Midtown, with take-up remaining roughly consistent with what we’ve seen over the past year. Whilst we may have seen a slight dip in terms of square footage on last quarter, take-up remains 0.3% up on the quarterly average. Interestingly however, whilst take-up has remained somewhat stagnant, availability has […]

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The City Core – construction highs and supply woes

Looking at our London office market data, it is clear to see that City Core construction was the real show stopper for Q1 2015. With 1.56 million sq ft of developments going underway, Q1 saw the highest construction starts in the City Core region, even when the total for the quarter is compared to the […]

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The Rise and Rise of the Serviced Office

The serviced office industry is thriving. With 5m sq ft of serviced space across the city and increases in market share as large as 21% in the City, it seems that occupiers are starting to see flexible office space as a viable alternative to conventional leasing. One of the top leasing deals of last quarter […]

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Serviced offices leading property take up in the West End

Take-up After three strong quarters of activity, take up in the West End subdued to a level which we have seen the likes of previously in Q1 2013 and Q1 2014. Our London Office market stats reveal a lack of large deals saw a total of 528,400 sq ft let in Q1 2015, down 39% […]

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Want an office makeover on the cheap?

Try post-it notes. Lots of them. Created by advertising designer Ben Brucker, this 8,024 post-it masterpiece shows that you can revitalise an old space without going further than the stationary cupboard. The Office Gossip will be migrating to Property in Numbers soon

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Question Time

With the General Election looming ever nearer, the fate of the country and indeed the capital hangs in the balance. With talk of regional development, questions of European unity and housing shortages, it’s clear that London may soon face a period of transformation following the ceremonies on May 7th. Is London going to remain the […]

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British Land’s Paddington Takeover

British Land have expanded their presence in the Paddington area by purchasing One Sheldon Square in a £210m deal.  The site offers 200,000 sq ft of freehold office space over nine floors, with British Land expecting to receive an annual rental income of £9.5m or £48.70 per sq ft. British land has now purchased four […]

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Waving goodbye to Whitehall

Recent changes set out by George Osborne indicate that flocks of public sector occupiers are set to leave the capital as part of the Government’s cost cutting strategy. In this year’s Budget, the chancellor claimed that from March 2017, all buildings used by the institution are to be charged at the market rate under the […]

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Bankside Quarter One Step Closer

The Carlyle Group announced yesterday they have exchanged contracts with their  joint venture partner to acquire Sampson House and  Ludgate House. This is part of the group’s 1.4m sq ft redevelopment of the Bankside Quarter. Their joint venture partner comes in the form of an international consortium, which includes the UK’s Native Land, Singapore’s Temasek and […]

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