Tag: offices



Bruntwood acquires key Birmingham Asset in ‘Standout Year’

Posted on 27 January, 2015 by Chris Grigorovsky under Commercial Sales and Lets

Property investor and developer Bruntwood, has purchased the former head office of KPMG, for an amount rumoured to be around £10 million. The acquisition of Two Cornwall Street was mentioned in Bruntwood's 2014 annual results, which boasts an impressive... Read More

Lend Lease wins £75m Hammersmith Office Contract

Posted on 26 January, 2015 by Cliff Goodwin under Commercial Developments

Australian construction company Lend Lease has outbid a trio of competitors to secure a £75m west London office contract for Legal & General Property (L&G). The 350,000 sq ft mixed-use development on Hammersmith Road is the third multi-million... Read More

The Shard confirms over 60,000 sq ft of New Office Lettings

Posted on 23 January, 2015 by Neil Bird under Top Properties

The Shard has made a strong start to 2015 with the confirmation of a further three office lettings. The latest occupiers of Western Europe’s tallest building are io oil & gas consulting, The Office Group and Gallup who have agreed terms on a combined... Read More

IVG offloads Bristol’s Kings Orchard Office Block

Posted on 22 January, 2015 by Cliff Goodwin under Commercial Sales and Lets

An 89,000 sq ft office block overlooking Bristol's floating harbour has been acquired by Aviva Investors from German asset manager IVG Immobilien AG. The price paid for the King's Orchard building in the heart of the city's business district has not been... Read More

Warrington Office Market exceeds Expectations

Posted on 19 January, 2015 by Jodee Redmond under Industry News

The Manchester Office Agents Forum (MOAF) has reported a total take-up of 439,000 sq ft in the Warrington area. There were a total of 102 transactions in 2014, representing a 16 per cent increase on 2013 figures and an overall increase of 11 per... Read More

City of London chief issues Office Shortage Warning

Posted on by Kirsten Kennedy under Industry News

Last week, London First released research showing that only half of the 50,000 new homes required each year to support the city’s growing population are being constructed. While chairman of the policy and resources committee of the City of London... Read More

Indian Office Space Absorption Rate up 10 per cent in 2014

Posted on 18 January, 2015 by Jodee Redmond under Worldwide Property News

Absorption of office space in India rose by close to 10 per cent in 2014 to over 33 million sq ft. This figure is indicative of confidence in the commercial property market, and the belief that growth is likely to continue this year, according to a report... Read More

Activity in M42 out-of-town Office Market almost doubles

Posted on 16 January, 2015 by Chris Grigorovsky under Industry News

According to research conducted by property consultancy GVA, the M42 corridor out-of-town office market saw a significant upswing in activity last year, with a total of 420,00 sq ft of deals being made. This is nearly double 2013's total of 224,395 sq... Read More

Tenants sought for Historic Tyneside Trinity House

Posted on 15 January, 2015 by Cliff Goodwin under Top Properties

North-East businesses with a "taste for grandeur" are being offered offices in what is claimed to be one of the oldest buildings on Tyneside. The boardroom, within the Grade I listed Trinity House on Newcastle's Quayside, even comes complete with a 19th... Read More

Boeing Office Plan ready for Take Off

Posted on 9 January, 2015 by Cliff Goodwin under Top Properties

The boss of a Midland's design agency has been left with an unusual dilemma — where to park his new office. Neil Morten, head of Rugeley-based GMP Design, bought a condemned Boeing 737 jet to create an innovative new office for his growing business. Now... Read More