The demand for commercial property in the central London market remains strong leading to low vacancy levels. Construction of St Martins Square Courtyard is complete. This is a joint venture between Shaftsbury and the Mercers Company. They have declared that 94% of the commercial space is now either let or under offer.
Shaftsbury said investment activity in the west end was returning to normal levels. Since 1ST October the Shaftsbury Company has spent £30m on purchases “all of these properties are producing satisfactory initial income”
These are encouraging signs for anyone involved in commercial property. This upturn in the market also further increases the necessity and utility of movehut, as we bring interested parties together, and lower transaction costs. If you are looking for the perfect commercial property or serviced office then take a look at our website, www.movehut.co.uk
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