June 7, 2013
Record breaking month for City of London office leasing market
The City of London leasing market has had one of the highest monthly take ups on record in May, with a total of 793,400 sq ft being let – up by 117 per cent month-on-month and 135 per cent on May last year. This brings the year to date take-up to 2.2 million sq ft, a 46 per cent increase on the equivalent period in 2012 according to Jones Lang LaSalle. Five lettings over 50,000 sq ft were recorded during May, of which three were pre-lets exceeding 100,000 sq ft. These include Amazon at Sixty London, EC1 (213,000 sq ft), Bird & Bird at 12-14 New Fetter Lane which was leased last month by Great Portland Estates (pictured), EC4 (136,200 sq ft), and Amlin at The Leadenhall Building, EC3 (111,800 sq ft). More →
May 17, 2013
CBRE WorkShop concept is interesting, but is it workable?
by Simon Heath • Comment, Property, Technology, Workplace, Workplace design
I’d like to deal in this article with the arrival yesterday of the long-awaited white paper from CBRE’s thought leadership exercise, The CBRE Workshop. However, I should declare an interest for the sake of transparency. Until June 2012 I was employed by CBRE and reported directly to a couple of the people who are heavily involved in The Workshop idea. I would reassure readers that I am not a disgruntled former employee. I have a huge amount of respect and warm regard towards my erstwhile colleagues and nobody will be happier than me to see them do well.
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