The 2012 Olympic Games in London may lead to the creation of office and stadium space in Birmingham.
A 5000-seater stadium, complete with office space for professionals who work in the sport industry, is currently waiting for approval from the council. (more…)
The temperamental British weather has provided office space staff with summery work days to plough through in recent weeks. The heat of a stuffy office makes meeting targets and deadlines that little bit more difficult.
However, there are advantages to the pleasant weather that can jolt a monotonous working day into a breezy affair. (more…)
A one-night-only supper event was held in an office block in East London by Violet Cakes Shop. The organisers of the dinner wanted to create ‘pop-up’ spaces that would provide diners with an unexpected meal. (more…)
Battersea power station is to be put on the stock exchange in a bid to raise money for redevelopment.
The 40-acre building, owned by property group Real Estate Opportunities, has been empty for over 25 years. The Irish firm is searching for a shared partner to involve in a proposed scheme, which will cost £4.5 billion. (more…)
Hammerson has sold its London Docklands Exchange Tower to MPGA Europe Fund III for £134.6m.
The real estate investor will make a 74 per cent return on the 16-storey property. (more…)
A giant biomedical complex is to be built in North London costing £600 million.
Plans for the UK Centre for Medical Research and Innovation (UKCMRI) were unveiled last week. It will be located in the St Pancras and Somers Town area close to the train station. (more…)
Condor House has been sold to SEB Asset Management for £134.3 million. The EC4 office space is located opposite St Paul’s Cathedral and was sold by real estate specialists Evans Randall Group.
The building contains 110,000 square foot of office space and was originally put on the market by Evan Randalls in January 2008 at the price of £115 million. They had hoped to make a 5.75 per cent yield. (more…)
London apartments that were leased out free of cost to politicians like John Prescott are laying empty and could be turned into civil servant offices, according to The Telegraph.
The three ‘grace-and-favour flats’, in Admiralty House, cost £173,000 a year in up-keep. The government is reluctant to allow MPs to use the spaces for free because of the high profile MPs’s expenses scandal last year, where ministers wrongfully used public money to maintain their flashy lifestyles. (more…)
