Tech and media firms drive demand for London offices

Tech and media firms drive demand for London offices

The UK’s thriving technology and media sectors are driving demand for office space in London, creating hotspots of businesses and talent according to a new report published yesterday by property services provider Colliers International. However a shortage of supply means that not only are tech and media firms driving up rents and supplanting traditional businesses, many are adopting […]

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Deadline to nominate Northern Ireland building design prowess

Deadline to nominate Northern Ireland building design prowess

Today (25 January) is the deadline to nominate Northern Ireland’s most remarkable developments in land, property and construction. The RICS (Royal Institution of Chartered Surveyors) Northern Ireland Awards will present accolades for Community Benefit, Building Conservation, Regeneration, and Design and Innovation at an awards ceremony in Riddel Hall, Queen’s University Belfast on 10 May. The […]

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Architects appointed for new Canary Wharf projects

Architects appointed for new Canary Wharf projects

A new development by Canary Wharf plc in London has appointed three architects to design its first six buildings. Allies and Morrison will create two new office buildings at Wood Wharf, Herzog &de Meuron have been commissioned to design a new residential tower and Stanton Williams will be responsible for the creation of three new […]

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London’s West End now most expensive office location in World

London’s West End now most expensive office location in World

London’s West End has overtaken Hong Kong’s Central district as the world’s costliest office location according to a new report from property consultancy DTZ.  The annual occupancy cost per workstation in the West End was stable last year at $23,500 (£14,900) but moved from fifth to gain top spot as costs in Tokyo, Hong Kong, […]

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Mixed response to Government office conversion plans

Mixed response to Government office conversion plans

As predicted earlier this week, the government has confirmed new measures that will allow office space to be converted into homes without the need for planning permission. Further reforms are also intended to help boost rural communities and create jobs by allowing agricultural buildings to be converted for other business use, such as shops, offices, […]

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New developer ‘to create 50 per cent cheaper offices’

New developer ‘to create 50 per cent cheaper offices’

The high-profile new venture between two of the most prominent developers in London will focus on creating large scale office buildings that are half as cheap as current standard designs. Lipton Rogers has been formed by Stuart Lipton, formerly of Chelsfield Partners and Peter Rogers, the former technical director of Stanhope who stepped down last […]

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Reversal of usual state of affairs as offices turn into homes

After years in which we have gradually seen technology and flexible working practices transform our homes into offices, the UK Government has reversed this apparently natural order of things by introducing legislative changes to the planning system that will allow developers to convert office buildings into blocks of flats without asking councils for planning permission. […]

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Europe’s commercial property investors opt for safe cities

Europe’s commercial property investors opt for safe cities

German cities dominate the investment prospects for Europe’s commercial real estate sector as investors favour safe havens according to a new report – Emerging Trends in Real Estate Europe 2013. Munich tops the league table followed closely by Berlin in second place and Hamburg in fifth position, with investors taking comfort from each of the cities’ strong […]

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Green retro fitting a ‘best bet’ for 2013

Green retro fitting a ‘best bet’ for 2013

Refurbishing existing buildings to new standards and turning them into good green assets has been identified as one of the best bets for the property sector in the year ahead, according to new research from the Urban Land Institute and PwC. The survey of industry leaders across Europe found the move to ‘reactivate assets’ – […]

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UK’s Centre for Cities launches Outlook 2013 report

UK’s Centre for Cities launches Outlook 2013 report

The Centre for Cities has today published the latest issue of its flagship Cities Outlook report in conjunction with the Local Government Association. The report has been published annually since 2008, identifying trends and key economic indicators from the UK’s largest cities. This year’s report is extensive in its coverage of a range of issues but […]

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Mayfair office plan gets green light

Mayfair office plan gets green light

Westminster Council has granted Legal and General Property (LGP) planning consent for a new West End office in London’s Hanover Square, expected to become one of Mayfair’s most sought after squares following the completion of Crossrail. The redevelopment will comprise a 56,000 sq ft high office-based scheme, arranged over two basements, ground and seven upper floors. The […]

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Business spending to grow for two years, forecast Ernst & Young

Business spending to grow for two years, forecast Ernst & Young

Business spending will grow tentatively over the next two years, according to a new report from the ITEM Club, an economic research group established by Ernst & Young. It predicts that overall spending by businesses will grow by just over three per cent this year and a further 8.1 per cent in 2014. This is […]

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