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Balfour Beatty set to finish a City office development

Filed under: News — Tags: AXA Real Estate, Balfour Beatty construction, City of London office space, Grade A office space, Sixty London — Beth Hepple @ 9:19 am

Balfour Beatty are set to complete the final stages of a London office development.

The AXA Real Estate development Sixty London is set to be completed by 2013.

AXA Real Estate Investment Managers have appointed contractor’s Balfour Beatty to complete the office development, Sixty London.

Completion of the project will mean that the city will gain 215,000 sq ft of grade A office space in the summer of 2013 as well as 20,000 sq ft of retail and restaurant space on the ground floor of the building. (more…)

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The most eco-friendly office space in London

Filed under: News,Uncategorized — Tags: 7 More London, BDP, Canary Wharf, Canary Wharf office space, carbon footprint, City of London office space, co2 emissions, Developer More London, eco-friendly, Fosters, London offices, PwC — Adam @ 9:48 am

The ‘7 More London’ building looks like all other London offices, but it has just been announced to be the most eco-friendly office space in London.

The building was designed with the environment in mind and was constructed in a collaborative act by PwC, Fosters, developer More London, an architect and an engineer from BDP and a several other consultants.

As a result Breeam sustainability assessors recently made the assessment that it was the most environmental-friendly building in the city.

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Increased demand for London office space

Filed under: News — Tags: City of London, City of London office space, knight frank, occupancy rates, vacancy rates, West End, West End office space — Adam @ 10:11 am

The amount of leases of London office space has more than doubled since this time last year.

In the first quarter of 2010 leasing of Central London office space saw a 100% increase, compared to Q1 of 2009.

Reports suggest that this is the case all across London, with City of London reaching an above average occupancy rate and the West End seeing a significant recovery.

Within Q1 2010 the city actually leased or sold 2.2 million square feet of office space, compared to only 0.7 million sq-ft for the same time last year.

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