Most expensive place to rent office space? London’s West End
28th January, 2013 - Posted by admin - Comments Off
London’s West End has once again taken the top spot as the most expensive place to rent office space in the world. Read More
London looks to preserve offices in key business areas
26th February, 2013 - Posted by admin - Comments Off
Mayor of London Boris Johnson has submitted a letter to communities secretary Eric Pickles, detailing which areas of the capital he wants exempted from the housing plans. This follows the government’s ruling to allow conversions of offices into homes without needing the permission of local authorities. However, there is an option to seek local exemption » Read More
Hong Kong office space ‘the most expensive in 2011′
13th March, 2012 - Posted by admin - Comments Off
London’s office space is no longer the most expensive to rent across the globe, new research has highlighted. According to figures released by Knight Frank, buildings in Central, Hong Kong, now account for the highest prime office rents worldwide. In the fourth quarter of 2011, Grade A rents in Central worked out at HK$1,046 per » Read More
London office space to be used less frequently during Olympic Games
5th March, 2012 - Posted by admin - Comments Off
Office space in London is likely to be used less during the 2012 Olympics, with workers gearing up to work from home or hot desk in order to avoid impossible commutes. According to the experts at Smart Growth Analytics, this increase in flexible working during the Games is likely to significantly boost the trend of » Read More
Lack of London office space to impact on the rest of the UK
3rd August, 2011 - Posted by admin - Comments Off
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 - Comments Off
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 - Comments Off
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 - Comments Off
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
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 - Comments Off
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% of surveyors surveyed reported an increase in demand in » Read More
West End office space most expensive in the world
5th May, 2011 - Posted by admin - 1 Comment
Office rentals in the West End of London have 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