London’s 265 Strand Sold For £77 million
NTT Urban Development Corporation whose HQ is in Chiyoda-ku, Tokyo, has announced its acquisition of London’s 265 Strand through its UK subsidiary UD Europe Limited.
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Office Space
Skanska Appointed As Building Contractor For 100 Cheapside
Skanska has been appointed as the building contractor for 100 Cheapside – the 100,000 sq ft prime City office development in London. Work on the building is expected to start immediately.
Office Properties Under Pressure
Compared to retail and industrial properties, experts predict that office properties will most likely remain a problematic sector in the next 12-18 months.
UK’s Commercial Market Shows Slow Signs Of Recovery
The UK’s commercial real estate construction market faces a long, slow recovery as output values drop and demand falters, it is claimed.
West End Office Space In Top Spot Thanks To Demands From Investors
More than £3bn of in London West End office assets changed hands in the year to June as sustained investor demand helped reinforce the location as the UK’s top performing office investment market.
Reed Smith Continues It’s Asian Expansion – Launches Office In Singapore
Reed Smith has continued its expansion into Asia with the opening of a Singapore office this month
TMT Companies To Snap Up London Office Space
The UK’s fast-growing technology, media and telecommunications sector is set to create a surge in demand for London office space during the next two years, offering a boon to tenant-deprived property companies. TMT companies are on course to absorb an additional 1.2m sq ft by 2014, an area twice the size of the Shard, London’s [...]
Stability Over Yields – Are European Investors Losing Out
The growing economical crisis is causing more and more investors to think twice before investing. This is largely the case with European investors as recent data revealed that when faced between yields and stability, it is the latter option that is preferred. Investments is all about taking risks while having the knowledge that it might [...]
Malaysians Are Top Buyers Of London’s Office Property
Malaysian investors are being hailed as the leading buyers of London’s offices, a first in 2012, with the recent purchase of one London’s landmarks – Battersea Power Station – helping to cement their place in the real estate scene. According to the latest research by CBRE, a property consultant group, Malaysians are responsible for snapping [...]
France Is Europe’s Commercial Property Hotspot
The commercial property market has been gaining speed with countries such as Australia, Spain and Singapore among others, continually recording high rise in demands. Following along is France as a recent data shows that the country’s commercial property market was the most active in Europe during the second quarter of this year. Data collected by [...]
London Borough News
The Eco Fund is available to individuals and groups in the borough that can demonstrate good ways to become greener.
Wandsworth The Preferred Borough Of Young Professionals
Apart from close proximity to to transportation links as well as new developments, Wandsworth also has the lowest crime rate in inner London.
Homes In Westminster To Benefit From Power Switch Scheme
The initiative, which is taking place Nationwide, works by pitting rival energy providers against each other in order to locate the company that will provide the best deal for a certain community.
London Councils
Council Slashes School Crossing Services
A total of 17 sites across the borough will no longer have a school crossing patrol (SCP) service, saving Wandsworth Council £198,000 a year.
Residents Of Harrow Urged To Sign Up For Big Energy Switch
As part of the Big Energy Switch, councils in London are holding an auction in which they invite gas and electricity companies to bid to offer the most competitive tariff to residents who have signed up.
Wandsworth Groups Gets Funding Boost From Big Society Fund
Local community groups and grassroots organisations that are offering their opinion will see the council backing them in terms of funds amounting to £5,000 as they set out to improve the lives of the residents in Wandsworth.
Serviced Apartments
Ascott Limited Purchases Cavendish London For £158.8m
Ascott Limited has successfully purchased London’s Cavendish hotel for £158.8m and plans to convert it into serviced apartments. The firm will take over management of the 230-room hotel some time in the fourth quarter of 2012 and conversion works will follow suit, turning the hotel into serviced apartments which will be operated under its flagship [...]
Alavex- We take the stress – Moving, renting, selling Alavex – Croydon Serviced Apartments and Tooting Serviced Apartments specialize in Short lets to business people and holidaymakers coming to London. SERVICED APARTMENT or SHORT LETS Serviced apartments and short lets – undoubtedly the most comfortable for businesses commuters and people relocating to London or the [...]
Serviced Apartments – Home Away From Home
Serviced apartments are becoming more and more popular and, increasingly the preferred choice for short stays away from home. Just like hotels, serviced apartments can be booked one night or more – although the best cost benefits are for longer stays. The main difference from hotels is that a serviced apartment offers more privacy, more [...]