Offices
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Office rents expected to rise in London
Commercial rents in London are expected to rise by 6% on average over the next 12 months, the Royal Institution of Chartered Surveyors has said.
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Central London’s office vacancy rates hit record low
Central London’s office vacancy rate has hit a 14-year low and is expected to achieve historic lows in the next two years, according to Knight Frank
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Sharp rise in London office space occupied by financial services groups
The amount of London office space taken up by financial services companies increased by 85% in the first half of the year, research by Cushman & Wakefield showed.
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Labour party heads to Kensington
The Labour party is set to move offices to Kensington High Street from Brewer’s Green, which has been its home since 2012.
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Regional REIT plans listing
Newly formed commercial real estate investment trust Regional REIT is set to announce plans to launch on the stock exchange, with shares likely to start trading on Friday.
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HSBC HQ decision could take till next year
HSBC may not make a decision on the future location of its headquarters until next year, the bank revealed as it announced third-quarter results.
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RBC signs at 100 Bishopsgate
Royal Bank of Canada has signed a pre-let with Brookfield Property Partners to lease 250,000 sq ft at 100 Bishopsgate, EC2.
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GLL buys One Brindleyplace
German fund manager GLL Real Estate has bought One Brindleyplace in Birmingham from Trinova Real Estate for £37m
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Prime German buy for AXA
AXA Investment Managers – Real Assets has bought a prime mixed-use building in Kiel, Germany, from developer Centrum.
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CBRE and JLL dominate London office sub-markets
Deal numbers up despite reduction in big ticket transactions
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Amundi completes €1bn Aqua Portfolio tranche
Amundi has completed its €1bn (£720m) purchase of the first phase of the Aqua portfolio of European offices from Union Invest
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Developments put Edinburgh’s heritage status at risk
Edinburgh’s Unesco World Heritage Site status, granted in 1995, could be at risk following decisions to give the go-ahead for a number of modern developments.