Tag: Office Property



Reading Skyscraper Plans Scrapped

Posted on 24 July, 2013 by Neil Bird under Commercial Developments

Councillors disappointed by decision to retain Thames Tower Reading councillors say they are disappointed that plans to demolish Thames Tower and replace it with a 25-storey skyscraper have been scrapped. Instead, developers LaSalle intend to re-clad and... Read More

Hong Kong Still Priciest Office Market in the World

Posted on 27 June, 2013 by Jodee Redmond under Worldwide Property News

Asian cities continue to dominate as the costliest places in which to set up office and Hong Kong holds onto its position is the most expensive one of all. Four other Asian cities were listed in the top five, according to the semi-annual Prime Office... Read More

Oxford Properties to Develop Toronto Office Tower

Posted on 19 June, 2013 by Jodee Redmond under Worldwide Property News

Oxford Properties Group has announced plans to develop an office tower in the heart of downtown Toronto. The Ernst & Young Tower will offer 900,000 sq ft of space to tenants and will be a Class AAA, LEED Platinum skyscraper. Ernst & Young, an... Read More

Czech Market Tipped to Remain Strong

Posted on 31 May, 2013 by Jodee Redmond under Worldwide Property News

Commercial property investment in the Czech Republic reached €237 million (£203 million) in the first three months of 2013. This figure represents a 12-fold increase from the same period in 2012, when only one transaction closed. Petr etr Sulc, head... Read More

Daisho Breaks Ground on Brisbane Office Development

Posted on 29 May, 2013 by Jodee Redmond under Worldwide Property News

Daisho Group, the Japanese developer, has recently broken ground on a multi-million dollar office tower in Brisbane, the capital city in the Australian state of Queensland. According to a report published in Architecture and Design, the new 34-storey... Read More

Amazon Plans Futuristic US Headquarters

Posted on 26 May, 2013 by Kirsten Kennedy under Top Properties

Can design influence productivity? Internet companies have somewhat broken the mould when it comes to office design, as many businesses which require constant adaptation to technological advances and place a high value on forward thinking also take that... Read More

Shell Centre Redevelopment Wins Planning Approval

Posted on by Kirsten Kennedy under Commercial Developments

A redevelopment project for the Shell Centre has been granted planning permission by Lambeth Council, sparking a flurry of preparations for the coming year. Canary Wharf Group and Qatari Diar joint venture Braeburn Estates, who are co-managing the development... Read More

Tenants Have the Upper Hand in Australian Market

Posted on 21 May, 2013 by Jodee Redmond under Worldwide Property News

When it comes to the current Australian commercial property market, tenants have the upper hand. Landlords have their eyes firmly on the bottom line and want to keep units occupied, and tenants are seizing the opportunity to negotiate lower rental prices.... Read More

London Midtown Named European Office Investment Hotspot

Posted on 20 May, 2013 by Neil Bird under Industry News

London’s Midtown district has been named as one of the leading office investment markets in Europe. Returns in Midtown hit 8.7 per cent in 2012, edging closer to the West End’s 10.6 per cent and, for the first time in three years, topping those recorded... Read More

British Land to Sell European Assets and Expand UK Portfolio

Posted on 17 May, 2013 by Neil Bird under Commercial Sales and Lets

British Land, which posted its full year results this week, has placed its mainland European retail portfolio up for sale in order to concentrate on expanding its core UK interests. However chief executive, Chris Grigg, is not expecting the disposal to be a... Read More