Search Results for: business

Appetite for long leases presents challenges

The news from the weekend that Axa Real Estate is looking to raise around £1bn  to invest in buildings with very long leases has resparked the debate into what sort of lease represents the best value for investors and tenants in these uncertain times. The new fund will target commercial properties with minimum twenty year leases even though investors have to pay a premium for such properties and the majority of occupiers don’t want them. More →

London companies heading off to the East

Hello to all this

Hello to all this

…East London that is. According to property consultants Cushman & Wakefield we are seeing a net migration of companies away from their West End heartland towards the supposedly more creative and tech-focussed districts of Clerkenwell, Shoreditch and King’s Cross.  The firm reports that the take-up of West End office space fell by around a quarter to 2.5m sq ft in 2012.

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