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    British Land Forecasts Shortage in Office Space

    The second largest real estate investment trust in the whole of the United Kingdom says that net asset value rose to 591p per share, versus 583p just three months earlier, noting that its shares have been boosted by its office space valuation…

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    London Office Market Faces Challenging Year

    The office property market in London will be in for some challenging times over the course of the next 12 months, analysts from Jones Lang LaSalle are claiming. According to them, the leasing markets across all of Central London are almost certain to be flat during next year, although they do say that rental growth should return to Central London in 2013.

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    Office Demand Soft in London

    The debt crisis in the Eurozone is having an impact on the office rental market in London, with few companies intending to expand into new properties in the City, according to at least one leading property developer.

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    IKEA Plans Mini City in London

    IKEA is planning to build a “mini city” covering as much as 26 acres of land in London. The development, which is to be situated near to the Olympic Park and has been christened with the moniker Strand East, will be built by LandProp, a company from inside the Inter IKEA Group, which holds assets in the furniture chain…

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    Redeveloped Office Space Now Over Half Let

    Energy consultancy Gas Strategies, the International Bar Association and legal firm Goodman Derrick LLP have all lately signed agreements to lease Grade A office space at the newly redeveloped 10 St Bride Street in London, EC4.

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