Category: Office Space
South Koreans Invests In London Properties
Attracted by the British capital’s high investment returns relative to risk, South Korean’s wealthy institutional investors are eyeing Prime Office buildings in London. With the combination of relatively long leases, high liquidity and higher yields, Korea’s cash rich pension funds and insurers have been targeting Europe’s commercial property market in a bid to diversify their [...]
Deka Purchases Guardian Newspaper’s London HQ For £235m
German fund manager Deka has recently acquired London’s Guardian Newspaper HQ for £235 million. The property which is located in the Kings Cross area was sold to the German buyers by property agents Savills. Savills, which acted for Deka, said Deka Immobilien’s open-ended fund WestInvest InterSelect bought the seven-storey Kings Place building from developer Peter [...]
Chanel Rents 20,00sq ft Of Office Space In London
Chanel, the luxury fashion house has reportedly snapped up nearly 20,000sq.ft of space for their new London offices which is situated at 158/159 New Bond Street. The designer brand will move staff into the new base above its flagship retail space. The headquarters will be housed across floors two to four. Chanel moved into the [...]
Tower Battles – France’s Hermitage Plaza To Overtake London’s The Shard
Towers are fascinating buildings that are envisioned by idealist which are brought forth into reality by a host of experts in every field and of course with a lot of financial backing. With that, the battle to be the biggest, tallest, most outstanding man made creation in architectural history is very much alive. From the [...]
Positive Outlook – London Office’s Are In Demand
According to a research conducted by global property adviser CBRE, office’s in Central London is experiencing a positive start to 2012.Despite figures being below those in December, take-up of offices in London has climbed 38% higher compared to those last year. Docklands saw the largest increase, with take-up jumping from 9,300 sq ft to 90,200 [...]
London’s “Cheese grater” Is Home To Aon HQ
Global risk management company Aon has confirmed its intention to make 122 Leadenhall Street – aka the ‘Cheesegrater’ building – their new London headquarters by signing a pre-let for the space. Aon will take 191,000 sq ft of office space across floors 4-13, equating to one third of the 610,000 sq ft skyscraper, upon completion [...]
Guardian’s London Offices Is Up For Sale
The headquarters of Guardian News & Media Ltd. in London’s King’s Cross district will be put up for sale by developer and philanthropist Peter Millican, according to a spokeswoman for the property. “The office rent-free periods have ended” and the music and arts spaces are rented on long-term leases to their operators, Kings Place spokeswoman [...]
New UK Virtual Office Provider – Prime Location & Unbeatable Price
Located in the heart of Marble Arch, in London’s West End, this business centre has one of the most desirable addresses – guaranteed to create an elite reputation for your company. Virtual office space is a far more economical way to rent office space in an area such as this, and with added benefits, including [...]
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