Bouygues wins £27 million office fit out contract in City of London

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office fit outBouygues UK has been awarded a major new design and build contract by developers Morgan Capital Partners LLP. The award comes hot on the heels of the handover of another major office refurbishment at 71 Queen Victoria Street, which is a stone’s throw away from the new site at 45 Cannon Street, in the heart of London’s financial district. The deal will see the demolition of existing offices and the construction of a new eight-floor office building including a Category A office fit out and the addition of 13,000sqm of retail space on the ground floor. As part of the works, the entrance to Mansion House underground station will also be refurbished as it sits on the site. Bouygues UK is aiming for a BREEAM Excellent rating on the project. Demolition is already being carried out on site, with Bouygues scheduled to begin construction work in the New Year. The project is due for completion in 2016.

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Fresh completes a new installation for Teleperformance in Gateshead

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Baltic QuayInterior design and fit-out firm Fresh Workspace has completed a 30,000 sq ft turnkey project at Baltic Place Gateshead for Teleperformance, the world’s largest contact centre and outsourced customer service providers. Teleperformance, which also occupies several sites in The Watermark Gateshead, commissioned Fresh to carry out the fit-out of three floors of the landmark Baltic Quays building on South Shore Road. The project was completed within a 12 week programme of work with a fixed end-date. Works incorporated a range of mechanical and electrical alterations and additions including the provision of a stand-by generator, cooling and fresh air. The full fit-out comprised the specification and installation of partitions, doors, power and data cabling, new furniture, flooring, feature lighting and security systems.

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Iconic office chair designer to open its first UK office in Clerkenwell

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ClerkenwellThe furniture design company behind the iconic 40/4 chair [pictured] is to open its first UK HQ in London’s Clerkenwell district. HOWE, which specialises in contract, bespoke furniture design, will rent the 2,640 sq ft ground and lower ground unit at 82 Clerkenwell Road, London EC1, on a 10 year lease. Lars Bruntse, marketing manager at HOWE, commented: “HOWE develops, produces and sells dynamic design furniture solutions worldwide. London is a centre for global accounts and the UK is an extremely important market for us, so it is the right time to establish ourselves here.” Richard Reid, from Clutton’s commercial agency team said: “Clerkenwell is one of the most important design hubs in the world and we were delighted to be instructed by HOWE, designer of the iconic 40/4 chair, to find them new premises in this popular area. 82 Clerkenwell Road, with its period features, high volume space and prominent location met the requirement perfectly.”

Fold7 drops in to its new Mary Poppins inspired Farringdon offices

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Fold7 has moved into new offices in Farringdon to house the expanding agency business and talent. The agency, which counts Go Compare, Gumtree, Ted Baker, Nike and Orange as its clients, has unveiled its news offices designed by Paul Crofts Studio with a Mary Poppins-inspired installation of people floating away on umbrellas and two ‘dry’ jacuzzis. On the upper level, the agency has dedicated an entire floor to an informal working area, more akin to a restaurant and bar. A wall of curiosities screens the meeting room wall, with each individual item representing a story from our history and our experiences. A mid floor raised platform with two ‘dry Jacuzzis’ provides additional break out spaces. The ‘formal’ boardroom at the Farringdon offices is fitted with a collection of cuckoo clocks to serve as a reminder that ‘it’s not the time that matters, but what you do with it that counts’ according to Fold 7 founder Ryan Newey.

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Regus opens first dedicated drop-in office on the M6 motorway

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New dedicated drop-in office on M6 motorwayA new dedicated drop-in office has been opened by Regus at Sandbach South motorway service area on the M6 motorway this week. With previous research commissioned by the serviced workspace provider revealing that two fifths of mobile workers had dialled into conference calls whilst driving; dedicated workplaces at motorway service areas are intended to help combat the problem by offering a convenient place to stop off and work, for a few minutes or a few hours. The new drop-in offices will be followed by further Regus Express launches before Christmas at Strensham North (M5), Watford Gap (M1), Chester (M56) and Norton Canes (M6 Toll). The facilities will each feature a drop-in business lounge and high-specification meeting rooms available by the hour and are aimed at attracting those wanting to hold out-of-town meetings and self-employed people seeking an occasional alternative to the home office.

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DeVere Group completes fit-out of new office in Etihad Towers, Abu Dhabi

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de Vere fit-outThe Interiors Group have completed a shell and core fit-out at the new offices of financial consultancy PIC deVere Group on a floor at Tower 3 of Etihad Towers, Abu Dhabi. The new office was designed to have a similar look, feel and functionality to the firm’s Dubai office and to anticipate the firm’s expansion. The brief included the provision of as many large team rooms as possible, so that each room could accommodate approximately thirty members of staff. The fit-out also incorporates a separate training room as well as print and breakout areas. Corporate colours were incorporated in this area with furniture and fittings largely in white and deVere blue introduced as the chosen finish for the Interface ‘Swing’ carpet and accent paint on elements of the interior architecture including columns and the glass and stone feature wall behind the reception desk.

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Land Securities takes full control of Thomas More Square for £85.3m

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Land Securities takes full control of Thomas More Square for £85.3mLand Securities has taken full control of Thomas More Square, in London’s E1 for £85.3 million. It acquired the 50 per cent share it doesn’t already own from an affiliate of its joint venture partner the Ontario Teachers’ Pension Plan Board. The Thomas More Square Estate, which is located between St Katharine Docks and London Dock – totals approximately 4.2 acres and includes six office buildings incorporating retail, leisure and parking. Land Securities was granted planning permission in June 2014 for a comprehensive refurbishment of Building 3 at Thomas More Square and a redesign of the estate’s public realm. The plans for the 570,000 sq ft estate include 200,000 sq ft of fully refurbished office and retail space in Building 3 which will include a new double height entrance and an extensive business lounge. Tenants Ipsos MORI and Mitsui O.S.K. Lines (“MOL”) have already let 97,000 sq ft of Building 3 on 15 year leases with 10 year breaks; while a further 100,000 sq ft will be available from mid-2015. More →

Four-building Hammersmith office development acquired by AXA

Four-building Hammersmith office development acquired by AXA

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Four building office development acquired by AXAA 193,000 sq ft (17,930 sqm) office property based in Hammersmith West London has been acquired by AXA Real Estate. 77 Fulham Palace Road comprises four buildings: Hamlet, Horatio, Ophelia and Elsinore and is currently let to 19 tenants. It has a wide range of floor sizes across the four buildings and unusually for Central London has 221 parking spaces. Given a current lack in supply of Grade A office space in West London, AXA has indicated that it will increase the current floor space at the property by 18,900 sq ft (1,755 sqm), and transform it into Grade A office space. This expansion would be undertaken alongside a planned refurbishment of some of the buildings, to enhance their overall functionality and design, adding to the current facilities on offer. Huw Stephens, Head of UK Transactions at AXA said: “At 77 Fulham Palace Road we have identified an opportunity, through a number of asset management initiatives, to add value to a core, well located asset in London. By utilising the expertise of our local asset management teams, we will be able to improve the tenant mix, whilst delivering investment performance to our clients.”

Two new office developments worth £77m for construction firm

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Two new office contracts worth £77m for construction firmConstruction group Galliford Try plc, has been appointed to two new major office contracts worth a combined £77 million. Its been selected as preferred bidder by Northamptonshire County Council to build its new headquarters in Northampton in a £38 million project. The new 17,600 sqm four-storey building is intended to consolidate the council’s existing offices in the town, and regenerate an area on the south side of the town centre. In addition to the office space, a café will be created together with extensive hard landscaping around the site. Galliford Try is also to deliver a new office building at Sutton in Surrey for offshore engineering company Subsea 7. The £39 million project creates a new 150,000 sqft Category A office space and associated facilities on the site of the former Brighton Road car park. Galliford Try Executive Chairman Greg Fitzgerald commented: “We have a strong reputation in the office sector and we look forward to providing these two clients with the first class facilities they require.”

Details released of 510,000 sq ft office development at Moorgate Crossrail station

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Moorgate Crossrail station developmentProperty developer Land Securities has released details of its 510,000 sq. ft. commercial property scheme on the site of the new Moorgate Crossrail station in the City of London. The mixed use scheme consists of two buildings providing 410,000 sq. ft and 100,000 sq. ft. of office space, a landscaped courtyard and a high level walkway linking the station site with the Barbican. Retail space will also be incorporated alongside the walkway.  The scheme is part of a programme of development by Land Securities linked to the new line, which will provide a total of 1.1m sq ft around various Crossrail stations. The firms is expected to submit a planning application for the site later this year with work on the site expected to start in 2018 in parallel with the construction of the Crossrail station on site. As well as improving Greater London’s transport links, the £15 bn Crossrail project is seen as an important catalyst for property development in the capital.

New innovatively designed West End office development nearly fully let

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New Portman Square office development nearly fully let10 Portman Square, an innovatively designed office building based in London’s West End, is nearly fully occupied, following an agreement by Ardagh Glass to lease 10,250 sq ft of office space from British Land. Award-winning architecture and interior design practice Jestico+Whiles led the design of 10 Portman Square, which offers column-free floorplates of 18,500 sq ft, and benefits from natural light on all four sides with views across Portman Square. Ardagh Glass will occupy part of the first floor, to join investment management company Independent Franchise Partners, who agreed terms on the other half of the first floor in July. The building, which provides 113,700 sq ft of Grade A office space over seven floors, is also home to Aspect Capital, Arrowgrass Capital Partners and Aramco Overseas Company. The latest deal brings occupancy across the 2.4 million sq ft West End office portfolio to 96 per cent. More →

Global Workplace Solutions to leave Johnson Controls’ portfolio

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Global Workplace Solutions to leave Johnson Controls' portfolioFacilities services provider Global Workplace Solutions (GWS) is to leave the Johnson Controls portfolio following the parent company’s decision to concentrate on manufacturing, engineering and product-based, rather than services-based businesses. GWS, which provides facilities, corporate real estate and energy management, has been part of Johnson Controls’ portfolio for more than 20 years, and currently manages more than 1.8 billion square feet of corporate real estate. “We have a strong reputation in the market, an incredibly talented team of employees, and a portfolio of long-standing high-quality clients,” said John Murphy, vice president and president, GWS. “Our business has only just begun to realize its full potential. With a new owner we will have access to the capital and resources required to continue to strengthen our business and be a formidable force in the market.” More →

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