General News

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    Millions of Square Feet of London Space by 2015

    There will be millions of square feet more of office space in London within another four years. The lack of grade A serviced office space in the City has led many major developers to begin a number of new projects in hotly sought after areas in the capital, such as the Shard, 100 Bishopsgate, the Pinnacle, the Cheesegrater and the Walkie-Talkie.

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    Beltane Sees the Light

    Beltane Asset Management has been given the green light to go ahead with its development scheme for St Paul’s House, at 10 Warwick Lane EC4 in London.

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    London Office Developers Fall after Downgrade

    London office developers Derwent London PLC (DLN), Great Portland Estates PLC (GPOR), and Land Securities Group PLC (LAND) have fallen in London trading following the decision by BofA Merrill Lynch Global Research to downgrade all of their ratings.

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    Low Tenant Appetite for London Skyscrapers

    London is experiencing something of a boom in the construction of new skyscrapers designed to introduce thousands of square feet of new office space to the capital – but will there actually be enough of an appetite among prospective tenants to make the gamble pay off for the developers?

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    Office Space Take-Up Stays Flat

    The rate of office space take-up in the city remains at its lowest level for two years since 2009 as of the most recent quarter of 2011, according to a new report from real estate adviser Equipe.

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