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London Office take-up in February 2012 reached 800,000 sq ft in 45 separate deals over 5,000 sq ft, according to Cityoffices. Burberry's 125,000 sq ft HQ pre-let of 1 Page Street was the biggest deal and one of the few involving grade A space. Some 32 deals were in the core and 17 were in the fringe. - (07-03-2012)
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Central London office lettings in January 2012 reached a healthy 850,000 sq ft. The total was underpinned by UBM's 103,000 sq ft pre-let of part of 240 Blackfriars Road in London, SE1. Other Grade A lettings included deals at Heron Tower, 200 Aldersgate Street and The Peak in Victoria. The Core saw 500,000 sq ft of deals compared to 350,000 sq ft in the fringe in a total of 40 transactions over 5,000 sq ft. - (15-02-2012)
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December 2011 office lettings for central London reached 850,000 sq ft. The recent trend of deals migrating to the fringes, slowed this month with 72pc of transactions occuring in the core areas. This brought the yearly total to 8.7 million sq ft in lettings over 5,000 sq ft. - (27-01-2012)
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October 2011 office lettings in central London proved to be sluggish, with only just over 600,000 sq ft transacted in 36 deals over 5,000 sq ft. This total compares to over a million sq ft in September. The month was underpinned by an 87,000 sq ft letting to Deloitte in the City. Elsewhere, fringe areas saw almost as much activity as the core and lettings of Grade A space dropped. - (29-11-2011)
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The new Greater London Magistrates Court Authority building is due for completion in summer 2011. The £50m, 9,700 sq m (104,410 sq ft) building designed by architect Hurd Roland Partnership is at the junction of Seymour Place and Marylebone Road, London, NW1 is approaching shell and core completion. Laing O’Rourke is the main contractor. - (04-02-2011)
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Bee Bee Developments has gained planning permission for the re-development of Procter House in High Holborn WC1. The office scheme named 'The Eye' is eight storeys and involves stripping the existing building back to frame and recladding and extending the space. The Eye will provide 7,550 sq m (81, 268 sq ft) net in a central building with links to two wings, the 2,508 sq m (27,000 sq ft) Lion Court and the 2,137 sq m (23,000 sq ft) Eagle House. Lion Court and Eagle House are currently awaiting planning permission and could be marketed separately. The construction work on The Eye is underway and will be completed to shell and core in in April 2002. - (02-04-2001)
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The Financial Times, owned by Pearson, has a requirement for additional office space and is said to ahve pre-let The Riverside Building, opposite the FT's headquarters, at Southwark Bridge, London SE1. The building recently started construction and should be completed to shell & core early next year, with occupation by summer 2002. It is said Stephen Hill, the FT Group chief executive, is keen to build an "FT Campus" in Southwark. - (28-01-2001)
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