Midtown delivers as London’s top-performing Office Investment market
27 September 2013
Midtown has overtaken The West End as the best performing London office market during the first half of 2013, according to The IPD Farebrother London Midtown Investment Report H1 2013. Over the first six months of the year, London Midtown Offices posted a total return of 5.9% h/h compared to 3.9% h/h for the same period in 2012, eclipsing returns in the West End (5.4%) and The City (4.3%).
Farebrother Office Transactions - August 2013
10 September 2013
August 2013 Office and Retail Deals Address: Part 6th Floor, MidCity Place, London, WC1 Type: Office Size: 19,792 sq ft Term: 13 years Grade: Secondhand Grade A Lessor’s Agent: Farebrother +44 20 7405 4545 (Julian Hind) Lessor’s Agent: Jones Lang LaSalle Lessor: MidCity Place Investments Ltd Tenant: West field Shopping Towns Ltd Completion Date: 15.08.2013
Farebrother Office Transactions - June and July 2013
29 August 2013
June & July 2013 Office Deals Address: 4th & 5th Floors, 1 Kingsway, London, WC2 Type: Office Size: 27,042 sq ft Term: 15 years Grade: New Lessor’s Agent: Farebrother +44 20 7405 4545 (Charlie Thompson) Lessor’s Agent: Jones Lang LaSalle Lessee’s Agent: DTZ Lessor: UK & European Investment Ltd Tenant: Quilter Cheviot Ltd Completion Date: 24.07.2013
Big names set to drive further growth in the South Bank Office market
9 July 2013
Office Take-up on London’s Southbank continues to grow reaching 237,200 sq ft in Q2, the highest total for six years. In addition, big name corporates are in negotiation on over 750,000 sq ft of space, suggesting Take-up will rise further in Q3 and Q4.
Midtown’s restricted office Supply is forcing requirements away
8 July 2013
The welcome return of a pre-let as well as a letting during construction of the whole of two large Midtown schemes in Q2 highlight the market’s restricted office Supply but it is its inability to sign-up smaller requirements to rare New or Refurbished floors and buildings that remains the real choke point according to Farebrother’s latest research.
Celebrity Chef signs up on Fleet Street
21 May 2013
Italian celebrity chef Gino D’Acampo has taken the new 1,000 sq ft ground floor unit at 40-43 Fleet Street, London, EC4, from private bank C. Hoare & Co for his new concept ‘My Pasta Bar’ by Gino D’Acampo. C. Hoare & Co were advised by Farebrother.