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Over 50% of London’s financial quarter is owned by foreign firms. Less than 50% of City of London commercial property is now owned by British property owners according to recent reports. The majority of London commercial property in the City district is now owned by foreign investors for the first time ever, according to a […]
Derwent London say demand for commercial West End property has helped them post strong half yearly results. Although on track to meet their end of the year forecast, the company says the next six months could be shaky for the UK commercial property market as a whole. Increased demand for space in a commercial West […]
Telefónica Digital sign a deal on offices to lease in London in the AirW1 development. The plush Regent Street office space will also welcome Halfords Media and long-term sustainable investment firm Generation Investment Management. A telecommunications operator is set to lease London office space at the AirW1 development. Telefónica Digital are set to take up […]
In the wake of plans to slash council budgets up and down the country, Southwark Council‘s intention to buy their currently leased London offices for £150m might seem a little extravagant. But in reality, considering London office rental rates and many other factors, such a move could be highly beneficial for the council.
