Offices news – Page 3
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NewsBarclays agrees to stay at Canary Wharf HQ until 2039
Barclays has agreed to extend its lease at One Churchill Place by five years in a vote of confidence in Canary Wharf’s struggling office market.
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OnlineSchroder European REIT agrees early refinancing on Paris scheme
Schroder European REIT has completed the early refinancing of its lending on its St Cloud office development in Paris.
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NewsLloyd’s of London to stay at iconic City HQ until 2035
Lloyd’s of London has struck a deal to stay in its famous City headquarters at One Lime Street until at least 2035 after reaching an agreement with Chinese investor Ping An.
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NewsMencap sells long-time London HQ and buys replacement
UK charity Mencap has sold its long-term London headquarters for an undisclosed sum and is preparing to move to a new site for the first time in 50 years.
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NewsFora expands City flex offering with new location at Sixty London Wall
Flexible workspace provider Fora has reached an agreement with LaSalle Investment Management (IM) to open a new location at Sixty London Wall, expanding its co-working offering in the City of London.
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NewsMission Street and BGO secure consent for major central Oxford science scheme
Mission Street and BGO have secured resolution to grant planning permission for their central Oxford commercial science scheme spanning 180,000 sq ft.
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NewsMiddle Eastern investor interest soars in offices, BNP Paribas finds
Middle Eastern investment in central London offices is the busiest it has been since pre-pandemic levels, according to BNP Paribas Real Estate (BNP PRE) research, with prime West End locations the ‘hottest’ in terms of pricing.
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OnlineInvestment firm Millennium pre-lets 176,000 sq ft Mayfair office scheme
Berkeley Estate Asset Management (BEAM) has pre-let the whole of its 176,000 sq ft office scheme in Mayfair to global investment firm Millennium for its European HQ.
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OnlineBNP Paribas REIM acquires 25 Victoria Street offices for £42.5m
BNP Paribas Real Estate Investment Management (REIM) has acquired 25 Victoria Street, a grade-A building in central London, for £42.5m, marking the first UK acquisition of its European Impact Property Fund (EIPF).
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NewsWeWork claims record month for bookings in London
WeWork has reported its strongest-ever month for bookings in London, claiming that a robust return-to-office trend is proving the “resilience” of its brand despite its dire financial situation.
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NewsParthena Reys buys Manchester’s largest office building from NatWest
Parthena Reys has purchased Manchester’s largest office building, One Hardman Boulevard, from NatWest Group for an undisclosed figure.
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NewsAviva Investors fully lets York Street offices in Manchester
Aviva Investors has fully let its 11 York Street office scheme in Manchester after agreeing a deal with Ecclesiastical Insurance for the remaining space.
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NewsM&G agrees JV with Nomura on £200m West End office scheme
M&G Real Estate and Nomura Real Estate Development (NRED) have agreed a joint venture on The Fitzrovia, a £200m office-led scheme on Tottenham Court Road in London’s West End.
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NewsWorkspace agrees deal to power office portfolio with Devon sunshine
Workspace Group has agreed a substantial energy deal with Statkraft to power the majority of the landlord’s offices with solar energy from Devon.
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NewsCompletion of £300m justice quarter ‘at risk’ of rights of light injunction
Completion of the £300m ‘justice quarter’ development on Fleet Street is under threat of an injunction served by its neighbours under rights of light laws.
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NewsGovernment accelerates plans to move 22,000 civil service jobs out of London
The government is bringing forward its target to move 22,000 civil service jobs out of London to 2027 with the announcement of three new second headquarters in Aberdeen, Darlington and Greater Manchester.
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NewsInsurance firm takes 90,000 sq ft at Mitsubishi and Stanhope’s City tower
Specialist insurance provider CFC has taken a 90,000 sq ft chunk of Mitsubishi Estate London and Stanhope’s 8 Bishopsgate scheme in the City of London.
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NewsRecord year for City of London retrofits
The City of London approved a record number of retrofitting planning applications in the Square Mile in 2023 as landlords prioritise more sustainable, grade-A offices.
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NewsFeldberg Capital buys West End office building for ReForm Fund
Feldberg Capital has bought West End office building 8 Bloomsbury Street from an undisclosed institutional investor, as the first purchase for its new ReForm Fund.
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NewsRegal London launches 140,000 sq ft co-working debut at former WeWork offices
Regal London has launched its debut co-working brand alongside flexible office operator Platform, taking on 140,000 sq ft of space in Hackney from under-fire giant WeWork.
