Gensler and CBRE to reposition ‘sustainable future’ London office space for 10 Gresham Street Property Gensler and CBRE will work together to create a sustainable high-performance office environment at 10 Gresham Street by the first quarter of 2025.
Energy-inefficient properties could burn £370m hole in pockets of London businesses Energy Some 11.9 million sq ft of energy inefficient stock is set to arrive on central London’s market over the next three years, burning a £370m hole in businesses pockets.
Troubled sale of Siemens UK head office eyes second chance Property The UK headquarters of Siemens has been put back up for sale two years after the German giant first attempted to offload the building.
‘Higher for longer rates’ sparked shift to premium London office space September 27, 2023 Property developer Landsec reported strong demand for premium office space in central London, as firms react to the message of interest rates being “higher for longer.” The commercial real estate giant said office occupancy in Victoria, where half of its central London business sits, is now 100 per cent let and with £17m of lettings [...]
Central London office demand roars back to life as West End occupancy booms August 31, 2022 Central London office take-up has rebounded back to pre-pandemic levels this year and has even surpassed the ten-year average. Occupancy in the heart of the capital bounced back to pre-Covid levels during the 12 months to the end of 2022’s second quarter, according to data from real estate advisor CBRE. Take-up for offices hit 12.7m [...]
YSL splashes out record rent on Bond Street as luxury sector shrugs off cost of living concerns April 23, 2023 Luxury goods company Kering is set to pay a record rent for the UK, after agreeing a lease for Bond Street’s Yves Saint Laurent store. Market sources told The Sunday Times that Kering will cough up £13m a year for the six-storey West London store, beating Ralph Lauren’s previous record of £11m. The luxury group [...]
City Moves: Who’s switching jobs in the Square Mile? June 21, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Ontier Law firm Ontier has built out its London office with a new partner in its commercial litigation team. Amy Harvey, who will focus on asset recovery in cross-border disputes, will be Ontier’s third female partner hire in London in just [...]
How Brits (and businesses) fell in love with the humble retail park September 20, 2023 On the outskirts of every bustling town and city lies the reliable, yet boring, retail park. But, as dull as they may be, retail parks are having their moment in the sun.
Fieldfisher: London law firm signs long-term lease for its City headquarters January 15, 2024 The law firm has been based out of Riverbank House, 2 Swan Lane, London EC4 since 2014, and it occupies circa 81,000 square feet of office space.
Bermondsey Reach: Wittington Investments to snap up Southwark development with 300 flats March 25, 2022 Some 300 apartments are being planned for a site in Southwark that reportedly has a £135m development value. The 1.3 acre site has received planning consent for 312 residential flats and more than 20,000 sq ft of retail and commercial floorspace. Centerbridge and Argon Capital have appointed advisors from CBRE and KALMARS on the sale [...]