Local residents near Heathrow area could be affected by plans to build offices and hotels in Yiewsley and West Drayton if the area is designated as an ‘Opportunity Area’.
If the council strategy is agreed upon, businesses will be encouraged to build office space to bolster regional employment. (more…)
Managed office space specialist Avanta has broken all company viewing records this week.The sales team received 300 enquiries in one week and booked 84 new client viewings in business centres across the UK.
The Central Cross development at Tottenham Court Road and 1-2 Stephen Street has been bought by real estate investor Derwent London for £146 million. This is its first deal since 2007 after the blow suffered by the commercial property market as a result of the economic downturn.
The extra 23,300 square metres of space has risen the firm’s holdings, in the West End districts to the north of Oxford Street and close to Fitzrovia, to 1.5 million square feet. (more…)
The confirmed closure of a London regional development agency (RDA) office has been followed by the announcement that nine other offices may be cut from the government budget as well.
Communities Secretary Eric Pickles said: “[the offices] are not voices of the regions in Whitehall. They are agents of Whitehall to interfere in localities.” (more…)
Supplier of IT solutions Softcat will open a new office in Moorgate to draw in talented graduates.
About a hundred people will be recruited in the coming three years in sales, account management and support roles. (more…)
The Pinnacle skyscraper development in Bishopsgate is on the brink of securing a £600 million finance deal with HSBC.
Arab Investments, the development manager of the space owned by a Middle-Eastern consortium, is currently in talks with the banking giant.
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The attraction of London office space has drawn in a number of overseas developers in the last three weeks totalling over £2 billion of investment in the capital.
Office rents have risen by 12 per cent over the previous quarter due to a lack of suitable construction projects and the resulting customer bidding war. (more…)
A £750 million commercial development on the former site of Middlesex hospital is to be developed by Aviva Investors and Exemplar Properties.
The firms will be collaborating with the committee managing the assets of Kaupthing Bank, which own the site. (more…)
Keeping an office space clean is a vital aspect that can affect the mood and efficiency levels of a workforce. An organised space with neat lines and uncluttered desks can promote uncluttered, streamlined thought processes.
Hiring a cleaning service is an clever option because it produces excellent results despite the extra cost to your firm. (more…)
West End office rents have risen for the first time in three years, according to research by Jones Lang LaSalle (JLL).
Rental rates increased to £85 per square foot in the second quarter, up from £75 per square foot in the first quarter. The real estate firm expects rents to hit £87.50 per square foot by the end of 2010. (more…)