Gensler and CBRE to reposition ‘sustainable future’ London office space for 10 Gresham Street November 14, 2023 Gensler and CBRE will work together to create a sustainable high-performance office environment at 10 Gresham Street by the first quarter of 2025.
‘Higher for longer rates’ sparked shift to premium London office space September 27, 2023 Property developer Landsec reported strong demand for premium office space in central London, as firms react to the message of interest rates being “higher for longer.” The commercial real estate giant said office occupancy in Victoria, where half of its central London business sits, is now 100 per cent let and with £17m of lettings [...]
How Brits (and businesses) fell in love with the humble retail park September 20, 2023 On the outskirts of every bustling town and city lies the reliable, yet boring, retail park. But, as dull as they may be, retail parks are having their moment in the sun.
London tourism revival gets boost as Pocket Planet latest to land in Oxford Street September 5, 2023 Oxford Street’s continued revival has been given another vote of confidence, with the launch of miniature world specialists Pocket Planet as the latest to take up a spot in the West End. Retail leaders have heralded plans to open its 30,000 square foot indoor world as proof of the capital’s investment attractiveness, and big brands’ [...]
YSL splashes out record rent on Bond Street as luxury sector shrugs off cost of living concerns April 23, 2023 Luxury goods company Kering is set to pay a record rent for the UK, after agreeing a lease for Bond Street’s Yves Saint Laurent store. Market sources told The Sunday Times that Kering will cough up £13m a year for the six-storey West London store, beating Ralph Lauren’s previous record of £11m. The luxury group [...]
Blackstone close to £700m deal for commercial landlord Industrials REIT April 3, 2023 US private equity giant Blackstone is close to a £700m take-private deal with London-listed landlord Industrials REIT as it ramps up its bargain-hunt on UK property firms.
Inside the City of London’s first residential properties in 10 years February 23, 2023 There’s no need to take the Tube home, a bout of new properties are opening in the City of London To the uninitiated the City of London is unfairly thought of as an endless stream of glass-fronted office blocks from which chaotic workers stream, headlessly going between meetings, their only reward being the Tube journey [...]
City Moves: Who’s switching jobs in the Square Mile? November 9, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Redmill Solutions Media planning and data management solutions firm Redmill Solutions has appointed a new global head of commercial, as the firm seeks to expand into new markets. Shirlene Chandrapal, who brings more than two decades experience [...]
Exclusive: New co-working hub headed to Oxford Street this autumn September 6, 2022 A new co-working hub is coming to Oxford Street, City A.M. can reveal today. Office and workspace company Huckletree, which operates across some of the biggest cities in the UK, is set to unveil its fifth London site in November. The 22,000 square foot workspace, in Jubilee House, is hoped to bring a much-needed boost [...]
Why You Might Not Have To Go Back To The Office September 5, 2022 For many office workers, the pandemic proved to be particularly transformative in terms of the way they conducted their working lives. Very suddenly, it became not only possible, but mandatory, for a lot of jobs to be done remotely. For some employees who may have previously been asking for more remote work accommodations and being [...]