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Knight Frank: South east vacancy rates lowest since 2001

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Vacancy rates for office space in the south east are at their lowest since 2001. The research by Knight Frank says that availability within the M25 was down 13% in the first quarter of 2015 compared to a year earlier. The M25 … Continue reading

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Birmingham planners approve new HSBC offices

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LOCAL planners in Birmingham have approved plans for a new 210,000 sq ft office development in the city. Construction work on 2 Arena Central in Broad Street is expected to begin next month following the planning decision by Birmingham City Council. … Continue reading

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Soho office building taken over by squatters

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AN OFFICE building in the heart of London’s Soho has been taken over by squatters who plan to create a “hub for homeless people.” The building in Frith Street was formerly the head office of digital agency Reading Room but was … Continue reading

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Facebook increases office space at Regent’s Place

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SOCIAL media giant Facebook plans to expand its London presence at the Regent’s Place campus. Developer British Land has announced that Facebook have signed an Agreement for Lease at 338 Euston Road. The company will occupy nine floors in the … Continue reading

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Birmingham planners approve offices at Longbridge

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PLANS for a major new office building has been approved as part of the continued regeneration of Longbridge. Councillors on the Planning Committee at Birmingham City Council have given the green light to the outline planning application for One Park Square, … Continue reading

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Blackstone buys Times Square in City of London from Land Securities

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LAND SECURITIES has sold the Times Square building in the City of London to real estate investor, Blackstone. The £268.4 million deal is for Land Securities’ 95% stake in the propertyat 160 – 162 Queen Victoria Street.  Completion of the … Continue reading

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Workers and residents evacuated as fire burns under Holborn streets

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THOUSANDS of office workers, students and residents were evacuated yesterday after a fire started under the pavement in the West End. The unusual fire saw smoke emerging from the streets and flames leaping up from the ground in and around … Continue reading

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Broadgate Estates HQ to move to Paddington Central

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BROADGATE Estates, a wholly owned subsidiary of British Land, is to move its HQ to the Paddington Central campus. The property management company will occupy 26,150 sq ft of office space on the second floor of 2 Kingdom Street. Broadgate … Continue reading

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Prestigious London offices taken over by squatters

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PRESTIGIOUS offices on Pall Mall in the heart of London have been taken over by squatters. The Grade-II listed building, which is 200 yards from Trafalgar Square has around fifty people living there, describing themselves as “five star squatters” The … Continue reading

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London named again as world’s costliest location for office space

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LONDON has been named as the most expensive location for offices in the world in the latest annual Office Space Across the World global ranking survey by Cushman and Wakefield. It’s the third consecutive year that London has been named … Continue reading

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