Creative solutions for business space
The latest figures from Office of National Statistics have sent a shiver down the spine of most businesses. The GDP for the UK unexpectedly shrank in the final quarter of last year. The bad weather was blamed for the poor performance but even after stripping that out the economy was Read More
The West End and central London office markets will see unrivalled growth in 2011, far outstripping the City and regional office centres, buoyed by sustained occupier demand and a negligible development stream. Walking round the West End you would be hard pressed to think we are in the worst recession Read More
Exton Estates, the development company run by Stuart Bedford and James Mawson has secured funding for a new office scheme in Taplow, Buckinghamshire. The 11-acre site Wyeth Laboratories has been been bought for £6 million with backing from Scottish Widows Investment Partnership. The site has scope for 100,000 sq ft Read More
If ever a deal illustrated the importance of location, it must be Reading’s Station Hill. Values plummeted after the ambitious £400m scheme was planned in 2005 and locals feared the proposed towers, piazzas, bowling alley, flats and hotel would remain on the drawing board. Worse still the vandalised 1960s buildings Read More
The investment sale of Chiswick Park in west London has got the 2011 property market off to a cracking start. Blackstone is paying £ 480 million for the 1.9 million sq ft office campus that was originally dubbed a ‘mid-urban business park’ and used the innovative Enjoy Work marketing campaign. Read More
Helical Bar, the investor/developer headed by the charismatic Mike Slade, is all set to start investing on a major scale after it raised almost £30 million from its shareholders. The fund raising is believed to have been heavily oversubscribed and reflects the market view that it has one of the Read More
It would appear that far from slowing down, Britain’s recovery is intensifying. Yesterday’s economic data was remarkably good with British manufacturers on a hiring spree as they enjoy the strongest business conditions for 16 years. The Purchasing Managers Index (PMI) suggested that manufacturing is now growing at its fastest tare Read More
The number of planning applications submitted in England has increased to its highest level since the recession, according to latest statistics. Over 127,000 planning applications were submitted in the second quarter of 2010, a 7.7% rise on the Q1 figure and the highest figure since autumn 2008 when 135,000 applications Read More
The Northern Line extension from Kennington to Battersea is paramount if the economic regeneration of the Nine Elms area of south London is to be sustained. It is welcome news then that Wandsworth Borough Council is working up bids to secure grant aid for the project. It will look to Read More
Recent research has shown that more than 4 million square feet of office space in the West End of London has been converted to other uses this decade. The majority has been converted to residential as demand from high net worth overseas purchasers pushes values up but hotel operators have Read More
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