Creative solutions for business space
Bray Fox Smith, the niche commercial property consultant, has announced the appointment of Sim Khatkar as a partner. Sim becomes Bray Fox Smith’s first appointment since it was formed by the founding partners in early 2009. Prior to joining Bray Fox Smith, Sim was head of the national office agency Read More
In the last week, Pharmaceuticals company Astellas Pharma announced it will move its headquarters to Chertsey in the South East region’s largest occupational deal, while the banking group, ING Direct, also instructed its agents to review options in the Thames Valley region ahead of a 2014 lease expiry at its Read More
DTZ was in the business paper headlines this week after the surprise resignations of its senior management team. Chief executive Paul Idzik, formerly of Barclays, was appointed to lead the company’s turnaround and departs after nearly three years in charge. Bob Rickert, another former Barclays executive, who was DTZ’s finance Read More
The south east office market could witness its largest occupational deal this year if pharmaceuticals company Astellas Pharma moves its headquarters to a Chertsey office park. The company is believed to be in negotiations to purchase the former EA Games European Hillswood headquarters for a approximately £17m. It is looking Read More
Kajima, the Japanese construction company, represented by Bray Fox Smith, has relocated its UK headquarters to new offices at 55 Baker Street, London W1. The new office space was taken on a 10-year sub-lease from BDO with a break option after five years and 20 months’ rent free. Kajima will Read More
Much has been made of the JLL and King Sturge deal in the last ten days but let’s face it a merger it is not. JLL is BUYING King Sturge. In many respects there are similarities with this country’s coalition government – the real power lies with the Tories or Read More
Strong investor demand for south east office and industrial property portoflios has been highlighted in three deals reported this week. The three portfolios were all purchased by investment fund and turn-round specialists and sold for over their asking prices at yields of between 7% and 7.5%. They comprised: six multi-let Read More
Land Securities reported it’s full year figures for the 12 months to March 31 this morning. The main highlights are: The UK REIT saw an 19.5 increase in its net asset value to 826p a share – far exceeding analysts forecasts. The company has benefitted from it’s exposure to the Read More
Acting on behalf of Threadneedle, Bray Fox Smith has let the 40,000 sq ft Gainsborough office building, on Houghton Hall office park, Dunstable in the largest transaction of its kind in the northern Home Counties for 18 months. Global group ArjoHuntleigh has taken the newly refurbished three-storey building on a Read More
Having recently bought the Egale office scheme in Watford from Standard Life, Threadneedle Properties , advised by Bray Fox Smith, has let the vacant element to one of the existing tenants, Coface (UK) Ltd and has simultaneously regeared the lease on the 2nd and 3rd floors. Coface will transfer staff from Read More
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