British Land completes £74 million office space deal
18th July 2011Global telecommunications giant Hutchison Whampoa has sold its UK headquarters to British Land in a deal worth some £74 million and representing a net yield of £7.5 per cent.
Global telecommunications giant Hutchison Whampoa has sold its UK headquarters to British Land in a deal worth some £74 million and representing a net yield of £7.5 per cent.
SK Energy has become the first office tenant for a new development at 175 Oxford Street, the developers and investment firms behind the project have confirmed.
Insurance firm Aon has agreed a deal to lease office space in the so-called Cheesegrater in the City of London.
Rental values for office space in the centre of London are continuing to rise, according to one of the UK’s leading commercial property companies.
London has seen a surge in office building in recent months, as construction companies rush to meet recovering demand for office space.
Office space in the West End of London is once again the most expensive in the world, rental figures from Knight Frank reveal.
Investment banks will boost demand for London office space over the next three years, as the giants of the financial sector embark on an extensive recruitment drive.
Headline office rents in Manchester will rise this year, a report forecasts.
Rents for London office space are set to skyrocket in the next two years, a study suggests, amid severe supply shortages.
Hammerson has filed revamped plans for the mixed-use office and retail Principal Place development in the Square Mile