Lack of London office space to impact on the rest of the UK

3rd August, 2011 - Posted by admin - No Comments

A lack of London office space is expected to have a ripple effect on the rest of the UK. The lack of office space to rent in central London is likely to have a knock-on effect on the rest of the capital, according to the Royal Institution of Chartered Surveyors (Rics). Simon Rubinsohn, chief economist » Read More

Prices set to rise for London office space

14th July, 2011 - Posted by admin - No Comments

Demand for office space in London is outweighing supply. Renting an office space in central London is likely to become more expensive in the near future as demand is outweighing supply. Simon Rubinsohn, chief economist at the Royal Institution of Chartered Surveyors (Rics), said that despite some “very high-profile” developments in central London, demand for » Read More

Prices set to rise for London office space

14th July, 2011 - Posted by admin - No Comments

Demand for office space in London is outweighing supply. Renting an office space in central London is likely to become more expensive in the near future as demand is outweighing supply. Simon Rubinsohn, chief economist at the Royal Institution of Chartered Surveyors (Rics), said that despite some “very high-profile” developments in central London, demand for » Read More

London fails to offer affordable office space

7th July, 2011 - Posted by admin - No Comments

Businesses will get better value for money renting office space outside of London. London is one of the best places in the world to do business but its main weakness lies in the lack of affordable office space, it has been claimed. With office space in the capital costing so much, businesses may wish to » Read More

Share office space to save cash?

28th June, 2011 - Posted by admin - No Comments

The City of London Police and the SFO are considering sharing office space. Businesses looking to cut back on costs could follow in the footsteps of City of London Police and the SFO and share office space in London. The two agencies, which often work together, are considering sharing office space in a bid to » Read More

IT sector recovery set to drive office demand

18th May, 2011 - Posted by admin - No Comments

The on-going recovery of the UK’s tech sectors and the creation of new IT jobs is likely to increase demand for office space, a new report has confirmed. Figures published by Knight Frank at the annual M25 Office Market Research Breakfast showed that technology firms are expected to make up half of new office space » Read More

London office space rental leads commercial property market

9th May, 2011 - Posted by admin - 1 Comment

Rental growth in the commercial property sector is being led by London office space and the prime retail market, according to Savills. Mat Oakley, director of commercial research at the company, said: “They are [office space and prime retail] the two sectors where we are seeing a lot of investor interest, which is leading to » Read More

Demand for London office space increases

6th May, 2011 - Posted by admin - No Comments

The demand for office space in London has continued to outperform all other sectors and regions of the UK’s commercial property market in the first quarter of 2011, according to figures released by the Royal Institute of Chartered Surveyors (RICS). RICS’ latest report found that 43 per cent of surveyors surveyed reported an increase in » Read More

West End office space most expensive in the world

5th May, 2011 - Posted by admin - 1 Comment

Office space in the West End of London has been found to be the most expensive in the world, according to new figures from Knight Frank. The prices in London, which are in the region of £85 per square foot, knocked Tokyo’s office space prices into second place in the latest Global Real Estate Markets » Read More