News

“Walkie Talkie” skyscraper planned for 2013 on Fenchurch Street

The cityscape of London is about to change as plans to build a new "Walkie Talkie" skyscraper within the next three years are unveiled by commercial property company Land Securities. Estimated to cost £300 million the...

Grade B offices to become Grade A?

Global real estate services firm Jones Lang LaSalle has predicted that developers may have to upgrade B standard London office space to address the current shortage of quality A grade space. This should help to meet cus...

British Land to spend £500 million on office space and kick start stalled development plans

Real estate investor British Land Co. plans to spend almost £500 million on building offices in Central London. Offices in Regents Place and Broadgate will be built and plans to restart construction work on the 47-stor...

Derwent London plans to spend £220 million on refurbishment and redevelopment in London

Refurbishment and regeneration work is planned by office developer Derwent London Plc from 2011 onwards at a total cost of £220 million, it was announced on Monday. London's West End Theatre area is set to benefit grea...

Real estate advisor CB Richard Ellis appoints new executive director to London team

Leading commercial real estate advisor CB Richard Ellis has appointed a new Executive Director to its team. The appointment of Philip Howells, formerly employed by Jones Lang LaSalle, follows the recruitment of two othe...

London office space acquired by Helical Bar property developers for £50 million

Property developers Helical Bar have bought nine assets, including 70,000 square foot of office space, for £50 million from ING Real Estate. Part of the office space is based in London with South Eastern areas benefiti...

Regular coffee breaks keep office efficiency levels up say researchers

A crafty cup of coffee drunk steadily at a work station can increase memory and concentration levels according to a study by the London School of Hygiene and Tropical Medicine (LSHTM). Researchers looked over 13 studies...

Rent rise in offices due to acute shortage of space in Central London

A lack of office space and decrease in development work means rent in the centre of the capital may rise significantly. The record low in the building of new offices means the spaces available are a rarity making it eas...

Unsanitary office keyboards attract mice

Mice are leaving their droppings in computer keyboards in offices overnight as they forage for food, according to the Royal Society of Chemistry (RSC). A London cleaning firm said one office worker was confused as to wh...

Hedge fund consultancy KB Associates set up shop in London

Boutique consulting firm KB Asssociates will open a new office in Mayfair to offer regulated support for managers of hedge funds based in London. Mike Kirby principal of KB Associates said an increase in the number...