Search Results for: london

Prime office rents in London’s West End continue to rise in response to growing demand

Prime office rents in London’s West End continue to rise in response to growing demand

by • News, Property

BNP Paribas Real Estate has predicted that super prime office rents in London’s West End could hit £300 per sq ft by December 2024, as it says demand continues to outstrip the constrained supply of spaceBNP Paribas Real Estate has predicted that super prime office rents in London’s West End could hit £300 per sq ft by December 2024, as it says demand continues to outstrip the constrained supply of space. The prediction has been made on the basis of evidence shared by an expert at the firm. BNP Paribas Real Estate West End office agent Simon Knights claims that lettings could see rents for super prime office stock reach highs of “up to £300 per square foot by December 2024” as demand continues to outstrip constrained supply. (more…)

London Real Estate Forum makes the right noises, but will be judged on action

London Real Estate Forum makes the right noises, but will be judged on action

by • Comment, Events, Property

This year’s London Real Estate Forum (LREF), held from 27-28 September at the Barbican, had a general air of optimism but tempered with the uncertainty of a general election in the next twelve months and elements of political and economic uncertainty globally.  The day began with a state of the market discussion chaired by dRMM’s Sadie Morgan, with challenges facing the industry identified as the current valuation of the office market, the rate of housebuilding and the government’s lack of investment in infrastructure – the event coinciding with the furore over the cancelling of the northern part of HS2. (more…)

Shanghai Design Week announces details of London event

Shanghai Design Week announces details of London event

by • Events, News, Workplace design

Shanghai Design WeekShanghai Design Week has announced details of its ‘Design to Wonderland’ event, being staged in London for the first time later this month. The event organisers hope that the inaugural event will serve as a  global platform to spotlight Chinese innovation across a number of creative sectors, including architecture, art, fashion, and beauty. Taking place from 16th – 29th September, China Exchange Centre will host the event, a collaboration between Shanghai Design Week and the London Design Festival. As well as being a celebration of Chinese creativity, D2W is planned to serve as ‘a bridge’ between the design industries of China and the UK. London Design Festival is also hosting an event in collaboration with Insight, details of which can be found here. (more…)

BW: Workplace Experts appointed to refurbish Grade II Listed Queens’ Building at Queen Mary University of London

BW: Workplace Experts appointed to refurbish Grade II Listed Queens’ Building at Queen Mary University of London

by • Company news

BW: Workplace Experts has been appointed by Queen Mary University of London as refurbishment contractor for the 15,000 sq m refurbishment of the Grade II listed Queens’ BuildingBW: Workplace Experts has been appointed by Queen Mary University of London as refurbishment contractor for the 15,000 sq m refurbishment of the Grade II listed Queens’ Building, to create a new contemporary, social heart for Queen Mary’s Mile End campus. (more…)

Zoom opens new London ‘Engagement Hub’

Zoom opens new London ‘Engagement Hub’

by • Company news, Flexible working, Technology, Workplace design

Zoom has opened a new London ‘Engagement Hub’ which the firm claims will  spearhead the shift from traditional office spaces to ‘experiential working hubs’. With the demand for hybrid working  and remote capabilities giving rise to unconventional ways of operating, Zoom says it has designed its new office to support the changing nature of the employee experience, marking a new era of modern work. (more…)

Office refurbishments rise to all time high in London

Office refurbishments rise to all time high in London

by • Facilities management, News, Property

The volume of all London projects including both office refurbishments and new space is up by almost 80 percent, with the West End continuing to lead the wayAccording to the latest London Office Crane Survey from Deloitte, London has seen the highest volume of new office refurbishments since records began in 2005, with 37 new schemes covering 3.2 million sq. ft. The volume of all projects including both office refurbishments and new space is up by almost 80 percent, with the West End continuing to lead the way. The report claims that over 10 million sq. ft. is now projected to be delivered during 2023, with this year on track to catch-up after several years of disruption. (more…)

Wellbeing and sustainability are defining characteristics of London’s BCO Awards winning offices

Wellbeing and sustainability are defining characteristics of London’s BCO Awards winning offices

by • News, Property, Workplace design

London’s most outstanding workplaces have been recognised with British Council for Offices Awards going to seven office buildings across the capital. Held at the London Hilton on Park Lane, the BCO’s annual London Awards Lunch recognised projects that demonstrate best practice in office design, fit-out, operation and sustainability, setting the standard for excellence across the sector. (more…)

Global prime office costs rise slightly, but flatline in London and New York

Global prime office costs rise slightly, but flatline in London and New York

by • News, Property

Prime office costs rise an average of 1.1 percent across the world’s top markets but stay level in London and New YorkSavills latest global Prime Office Costs (SPOC) analysis has revealed that pricing for prime top-tier offices around the world has largely held steady during the first quarter of 2023, with net effective costs – the ‘all in’ cost for occupiers – increasing an average of 1.1 percent. (more…)

Rising business rates could impact affordable workspace in London

Rising business rates could impact affordable workspace in London

by • News, Property

Colliers calls on Government to provide greater support to tech and creative industries who will struggle as business rates rise in Revaluation 2023The 2023 business rates revaluation will come into effect on the 1st of April 2023, the first of its kind for six years and according to business rates experts at Colliers could have a material impact on the provision of affordable workspace in the capital, historically located in the “fringe” locations. Colliers claims that this is because rents and hence rateable values in fringe locations such as Hackney, Southwark and Hammersmith & Fulham have increased at a greater pace than in historic ‘core’ office locations such as the City, Islington and the West End, and those fringe locations have now become equally or in some cases more expensive locations than those in the Central London core. (more…)

TOG opens what it claims is Central London’s tallest mass timber office building

TOG opens what it claims is Central London’s tallest mass timber office building

by • Environment, News, Property

Flexible office provider TOG has announced the opening of its first project built from the ground upFlexible office provider TOG has announced the opening of its first project built from the ground up – The Black & White Building, located in Shoreditch. The firm claims that The Black & White Building is Central London’s tallest mass timber office, standing at 17.8 metres high and covering 38,315 sq ft. The workspace has been built using renewable materials and innovative construction methods, which TOG claims results in embodied carbon creation being reduced by 37 percent compared with a concrete structure of the same size. (more…)

Plans for largest datacentre in Europe approved by London council

Plans for largest datacentre in Europe approved by London council

by • News, Property, Technology

A rendering of the plans for the datacentre in HaveringHavering Council has agreed to move forward with the £5.3bn East Havering project, which will bring Europe’s largest datacentre to the borough in Greater London, delivering a major piece of national infrastructure. The Cabinet agreed for the council and its prospective partner, Digital Reef, to continue to develop the proposals to bring forward the site. This decision means the Council in its capacity as Local Planning Authority can begin to take a view on the appropriate planning route for this project. (more…)

Vitra opens new showroom at London Design Festival

Vitra opens new showroom at London Design Festival

by • Company news, Workplace design, Works Magazine

Vitra showroomVitra, the Swiss design company, has opened a new flagship UK showroom at the historical Tramshed building in Shoreditch to coincide with the London Design Festival 2022. Vitra is known for its furniture classics by Charles and Ray Eames, George Nelson, Alexander Girard, Verner Panton and Jean Prouvé as well as for contemporary works by designers such as Ronan and Erwan Bouroullec, Antonio Citterio, Konstantin Grcic, Hella Jongerius, Alberto Meda and Jasper Morrison. (more…)

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