Helical slashes dividend despite London lettings and development progress Property Progress in flagship central London office developments and the successful lettings of three Aldgate East spaces has led office specialist Helical to underline its confidence it has in the capital's office market despite having to slash its dividend.
London offices: Bigger is better, as construction of smaller spaces in the capital dries up Property For the first time in at least two decades not a single new office scheme smaller than 100,000 square feet began construction in London in the first half of this year, despite demand for larger spaces reaching record highs.
GSK moves into New Oxford Street office in boost for central London Pharma GSK has opened the doors to its new West End office - called the Earnshaw.
Balanced Commercial Property Trust sheds more offices amid ‘challenging’ market July 12, 2024 The commercial property investor Balanced Commercial Property Trust has shed more offices as part of its strategy to focus more on the food and beverage sector.
London landlords struggle to shift office space due to high rates and hybrid work July 10, 2024 Landlords wanting to shift large London office this year have struggled to find a willing buyer, as nerves over hybrid working and higher interest rates continue to plague the upper end of a market that is still yet fully to recover from the pandemic.
Midscale London hotels outperform cheaper rivals as back-to-the-office drives weekday bookings June 13, 2024 Midscale hotels are currently on top of the accommodation food chain in London, new data has found, as revenue available per room across the semi-affordable chains has risen seven per cent over the year to April.
Landsec: Workers returning to offices in London boost landlord May 17, 2024 A rebound in office use has boosted Landsec's bottom line.
Gary Neville breaks Manchester office record for a second time with S&P Global deal May 14, 2024 S&P Global has signed a deal for the most expensive office space in Manchester at Gary Neville's landmark development in the city centre.
London is in a race for space – and developers need to do more than look up April 12, 2024 Tall buildings are great, but with huge demand for quality physical space in the capital, the construction industry needs to be more creative, says Ged Simmonds Despite post-pandemic fears of vacant buildings and stranded assets, recent coverage has revealed that London is now in the midst of a ‘race for space’. News that Deloitte has [...]
Picton Property Income sells £29m London office next to Angel Tube station April 2, 2024 Located a block away from Angel tube station, the office sold for five per cent above its valuation in December and brings in a rental income of £700,000 a year.