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Prime rents

  • Renters and landlords ‘in the dark’ on new law, Labour warned

    Property

    The UK’s landlord lobby group has warned that renters and landlords ‘desperately’ need more clarity on the rollout of the government’s Renters Rights Bill. The bill, which was debated in the House of Commons on Monday, is expected to receive Royal Assent in late 2025 and to become law in early 2026.  It is one of [...]

    The Renter's Rights Bill was debated in the House of Commons on Monday
  • Canary Wharf Group tops 250,000 sq ft of office space leased this year

    Property

    Canary Wharf has announced two new major leasing deals, taking the total amount of space leased this year to 250,000sq ft. Banco Bilbao Vizcaya Argentaria (BBVA) will extend their office footprint to 60,000 sq ft and extend its lease at One Canada Water until 2035. SmartestEnergy, which helps companies navigate the energy transition, will lease 20,000sq [...]

    Canary Wharf has announced deals with SmartestEnergy and BBVA
  • Derwent: Return to office mandates boost London landlord

    Property

    Ongoing high demand for central London offices, combined with low supply of best-in-class space, has boosted real estate investment trust (REIT) Derwent in the first quarter of the year. Derwent said leasing activity in the year to date totalled £2.7m, with a further £3.7m of rent under offer. Open market lettings ticked up by 2.7 [...]

    One of Derwent's recent buildings, Network W1.

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