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Deloitte to rent office space for London 2012 Olympic games

Filed under: Uncategorized — Tags: , , , — Kevin @ 9:06 am

An international accounting company will lease some commercial office for hospitality at the London 2012 Olympics.

Advisory firm Deloitte LLP are set to lease 16,000 square feet of prime office space at One Stratford place to entertain clients and promote brands.

The accounting and auditing advisory firm Deloitte LLP will lease two floors in a 12-storey building by London’s Olympic Park to host corporate functions and promote their brands during London 2012 Olympic games, it has been announced.

Deloitte, one of the largest accounting firms in the world, will lease around 16,000 square feet of space near the main Olympic venues in London’s East End according to spokesman James Igoe.

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West Midlands Pension Fund acquires central London office space

Filed under: Uncategorized — Tags: , , , — Kevin @ 8:00 am

West Midlands Pension Fund have purchased prime office space in London.

Accountancy firm Pricewaterhousecoopers LLP will leave their St Andrew’s house offices in late 2013, to make way for the pension fund’s occupancy.

West Midlands Pension Fund has acquired 51,000 square feet of prime central London office space, after buying St Andrew’s House in conjunction with ING Real Estate Investment Management for £25.2million.

The commercial real estate located in London’s Mid-town district is currently occupied by Accountancy and consultancy firm pwC who have the lease until late 2013.

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North American investors return to the London office market

Filed under: Uncategorized — Kevin @ 9:00 am

Investors return to London in a stronger than expected first two quarters of the year.

London cashes in as investors look to stay away from the euro zone.

North American property buyers returned to London’s buoyant commercial real estate market during the first two quarters of 2011, as investors once again look favourably to British shores. This is according to property-services company CB Richard Ellis.

The U.K. commercial property market has always had an infinity with foreign investors, and London is usually the hub of financial transactions because of its size, transparency and liquidity.

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Ignis UK acquires new office space in London

Filed under: Uncategorized — Lee Kozlowski @ 9:17 am

London office space acquired by Ignis UK.

77 Gracechurch Street purchased in multi-million deal.

Ignis UK Property Fund has announced that it has purchased London office property 77 Gracechurch Street, EC3. The company acquired the property from Climate Change Capital in a deal valued at around £43.5 million. The office property is currently being utilised as a mixed used development that currently houses both company offices, retail and food outlets.

The commercial property is currently fully leased to seven office tenants, several retail companies, one pub and a restaurant. The building was developed by Land Securities during the mid 80s and then refurbished in 2008. The property features a basement and seven floors that provide a total of 49,295 square feet of commercial space. (more…)

CBRE results show increase in London office space leasing

Filed under: Uncategorized — Tags: , , , , , — Lee Kozlowski @ 3:37 pm

Office space take up in the City of London doubles.

Statistics show that take up of office space in the City of London has doubled.

Recent research from property experts CB Richard Ellis shows that office space take up in Central London doubled during May 2011. Statistically this means there a was a 24% increase in transactions when compared with the figures from last year. Overall there was a total of 777,900 square feet of office space taken up during the month.

However, the rest of London did not see such positive results. Office space within the City of London and Southbank actually saw falls in the amount of commercial office space being taken up. When looked at from a six-month rolling average office take-up remained pretty much static and fell 6% in the City but rose 12% in West End London. (more…)

British Land to go ahead with Broadgate Centre redevelopment

Filed under: Uncategorized — Tags: , , , , , , — Lee Kozlowski @ 3:59 pm

Broadgate Centre to be demolished for new offices.

British Land are to create new office space within the City of London.

The iconic Broadgate Centre is to be redeveloped by British Land. The offices are located within the City of London and have long been an architectural favourite amongst locals and tourists alike. The British Land project is to go ahead despite pleas and requests from English Heritage to preserve the building.

British Land plan to demolish the buildings at 4 and 6 Broadgate to make room for a new complex. The finished project will provide around 700,000 square feet of quality office space in the City of London. (more…)

JP Morgan moves to new London office space

Filed under: Uncategorized — Tags: , , , , , — Lee Kozlowski @ 2:25 pm

JP Morgan to move office space.

Financial company searches for new tenants in Canary Wharf offices.

Financial services and asset management company JP Morgan has started its search for potential tenants for the Lehman Brothers building in Canary Wharf. Property consultants Cushman & Wakefield and DTZ have been instructed by the company to sublet around 700,000 square feet of office space in the London based offices.

JP Morgan are due to move out of the offices located at Alban Gate and Aldermanbury Square within the next year. The banking services company is to move from the two offices into one location, 25 Bank Street, in Canary Wharf before next year. (more…)

What you should and should not talk about in the office

Filed under: Uncategorized — Damian Taylor @ 9:00 am

The guide to what conversations are acceptable and what are not in the office work place.

What office workers talk about at work with their office colleagues is often seen as indicative of the type of office environment they are in, however, there will always be things which should never be said.

Not even the strictest office boss believes that their employees only speak to discuss work issues in the office but there are unwritten rules about what can and can’t be spoken about.

It is never wise to walk into an existing office and immediately strike up a conversation about the first thing that is thought about as it could be that the office workers are not interested in what is being said, or they may well feel offended by what has been said.

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Vacancy rates in London decreasing steadily

Filed under: Uncategorized — Tags: , , , , , , , — Lee Kozlowski @ 10:19 am

London vacancy rates decrease.

Demand for London office space remains high.

New figures have shown that the vacancy rates in London offices are at their lowest since the Lehman collapse. Property consultants Knight Frank released statistics that show that just 7.4% of London office space is sitting vacant, this is around 16.7 million square feet.

This figure is almost 50% below the peak that London office vacancies saw in 2009. Demand for office space within the UK capital has been growing over the past 2 years with a great deal of interest from international companies supporting the economy. (more…)

How food can affect your productivity in the office

Filed under: Uncategorized — Tags: , , , , , — Lee Kozlowski @ 10:10 am

Advice on food in the office.

Tips on eating healthy in the workplace.

Eating at the office may seem like a small thing but it can actually affect the daily running and efficiency levels of your office. Not only can it create an untidy workplace, your choice of food can also have a direct affect on how well you work throughout the day.

There are a few things that you can do to avoid choosing the wrong foods. Firstly stay away from heavy fast food such as burgers or pizzas. (more…)

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