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Holborn Property Unit Trust

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London HQ plan

Revised consent in EC1

Midtown construction

Midtown application

Midtown consent

Midtown scheme mooted

Contractor appointed

Tenders due out

Strip out starts

MidTown refurbishment

Midtown scheme to start

Midtown scheme sold

Midtown scheme plan

Midtown scheme mooted

Midtown refurbishment plan

Holborn scheme poised

Scheme for sale

Refurbishment for 2015

Refurbishment mooted in WC1

Midtown revamp tipped

Holborn revamp planned

Midtown consent

Major EC1 pre-let

Holborn start planned

Midtown refurbishment

Holborn refurbishment

Midtown refurbishment

Midtown scheme letting

Midtown consent

Office consent in EC1

Extension in WC1

Refurbishment on market

Application in EC1

Midtown start

Midtown scheme deal

Holborn refurbishment plan

Midtown refurbishment

Holborn refurbishment plan

Law HQ refurbishment

Start for midtown scheme

Building on site shortly

US developer may start on site

Scheme planned in EC1

Work to start in Midtown

Progress on midtown scheme

Midtown site tipped

RCP agrees Euston deal

Refurbished office let

HPUT plans approved

Office consent in WC1

Scheme lands first tenant

Holborn refurbishment

City deals

Demolition complete in midtown

Demolition stop

Midtown scheme appeal

Midtown refurbishment plan

Consent for High Holborn scheme

Demolition start in Midtown

New consent for EC1 scheme

Consent for EC1 refurbishment

Holborn site assembly

Contractor for Midtown scheme

Office scheme for WC1

Construction start for WC1 refurbishment

Start date for Holborn scheme

Autumn start for WC1 development

Major refurbishment in SW1

Redevelopment plan for law HQ

Shortlist for WC2 scheme

Shortlist for WC2 scheme

Holborn scheme scheduled for 2007

Holborn scheme construction details

Holborn office application

Ebble to go on-site early next year

DIFA bids for Sainsbury's HQ

Miller to build Holborn scheme

Mid town space sub-letting

Facelift for 100-year old Town Hall.

Internet firms fuel rental growth

Andersen Consulting surrenders lease on Holborn Place

Holborn Town Hall scheme to start soon

Bovis awarded contract for MidCity Place

Aurora goes for residential use

Central London office lettings in May 2016

Central London office lettings in May 2016 recorded just under 550,000 ft of deals from 38 transactions during the month. The May figure represents a fall back from the 650,000 sq ft in April and 1.4m sq ft recorded in March as Brexit fears subdued the market further.

May was characterised by 10 office deals over 20,000 sq ft, including Mishcon de Reya at Weston House, High Holborn, WC1; Tata Consultancy at Northcliffe House, Kensington High Street London, W8 and Dentsu Aegis at 10 Triton Street, London, NW1.

IT services topped the table of lettings by sector, helped by the Tata Consultancy deal. This was followed by professional boosted by Mishcon de Reya’s letting. Media and business services are also performing well. Office deals under offer have risen to over 3.2m sq ft and include two large pending deals in the City. Over 40 separate deals are under offer, but seem dependent on the Brexit vote.

By area, the City accounted for only 21pc of the floorspace let in May. The West End had a better month particularly Victoria which saw 5 deals and the West End fringe which saw a further 5 deals. The pace further picked up in Midtown with over 200,000 sq ft let in 10 deals. Current London office demand is calculated to be around 4.6m sq ft in the City and 3.8m sq ft in the West End. The volume of grade A (newly built or refurbished office space) let during the month reached only 70,000 sq ft (13% of the total), as transactions for newly developed or refurbished space suffered from the slowdown.

Current forecasts suggest that in the event of a Brexit vote, London office lettings will be curtailed for some substantial period, due to market uncertainty.

Metropolis and Cityoffices are tracking a potential 20m sq ft of central London office space completions between 2016 and 2018 in 100 schemes of over 20,000 sq ft. - (10-06-2016)

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Refurbishment planned in WC1

Clients of Aberdeen Asset Management are planning the refurbishment of the 5,570 sq m (60,000 sq ft) 322 High Holborn, London, WC1, following the imminent departure of FTI Consulting from the building. A major refurbishment of interiors outside of the planning system is planned for completion in late 2014. The architect is Garnett & Partners. Aberdeen has used architect Barr Gazetas on past London refurbishments. - (04-02-2014)

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New Year launch for WC1 scheme

Arlington Property has almost completed its refurbishment of the former Alton House at 177 High Holborn, London, WC1. The scheme will be launched in January 2007 and consist of 3,051 sq m (32,500 sq ft) of refurbished office space on ten floors. The project manager is Cyril Leonard & Co and the agent is Farebrother. - (05-12-2006)

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Glasnost - Online Project, Contact & Image Management

Bath House goes under the hammer.

Investment company, Favermead Assets has decided not to redevelop the largely vacant 1960s Bath House, 52-60 Holborn Viaduct, London, EC1A 2DY and has instead decided to sell it. The company has planning permission to replace the building with a speculative, eight storey mixed scheme including 14,000 sq m (150,700 sq ft) of offices, plus ground floor retail. The building is nearly opposite the City Thameslink station northern entrance and adjacent to Lovells new HQ. Favermead will have disposed of the site within the next 4-6 weeks. Nelson Bakewell is advising Aside from the ground floor retail space the building is empty. Sheppard Robson was the architect. - (09-04-2005)

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Late 2005 start for Bath House?

Investment company, Favermead Assets has yet to begin work on its redevelopment of the largely vacant 1960's Bath House, 52-60 Holborn Viaduct, London, EC1A 2DY. The company has planning permission to replace the building with a speculative, eight-storey mixed scheme including 14,000 sq m (150,700 sq ft) of offices, plus ground floor retail. The building is nearly opposite the City Thameslink station northern entrance and adjacent to Lovells new HQ. When contacted, Favermead that it will not begin work before late 2005 at the earliest. Aside from the ground floor retail space the building is empty. Jones Lang LaSalle’s City office is advising. - (27-11-2004)

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Holborn Viaduct plans submitted

A planning application has been submitted for the redevelopment of 40 Holborn Viaduct and 2 Charterhouse Street, London EC1 by the developer Castlemore Holborn Partnership. The architect for the development is Rolfe Judd and the scheme is for a new office building of 21,658 sq m (233,126 sq ft) with 130 sq m (1,399 sq ft) of retail units on the ground floor. - (27-02-2003)

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Land Securities buys in WC1

Compaq, the US computer company, has sold the 7,803 sq m (84,000 sq ft) net Enterprise House, 190 High Holborn, London WC1 to Land Securities in a £30m deal. The eight-storey building currently accommodates disaster recovery and data storage operations and Compaq will vacate the building by the end of 2001. Land Securities is understood to be intending to offer the refurbished space at around £50 per sq ft, below current rent levels for new space. Saxon Law advises Compaq and Land Securities was advised by King Sturge. - (01-10-2001)

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Sainsbury 'oval office' approved

Sainsbury's plans for a new office building in Stamford Street, London SE1 have been approved by London Borough of Southwark. The 34,838 sq m (375,000 sq ft) Foster & Partners designed building will create a five-storey 'podium' block rising up to 18-storeys as an oval-shaped tower. The development is on the site of the existing Sainsbury head office building. The building could be completed in 2004 and Sainsbury could then relocate from its new headquarters at 33 Holborn Place EC1. Sainsbury is thought to be looking for a joint venture partner to develop and finance the scheme. - (01-10-2001)

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Sainsbury plans SE1 towers

Foster & Partners has revealed plans for a 35,765 sq m (385,000 sq ft) 19-storey oval office tower to replace food retailers Sainsbury's existing Drury House and Stamford House headquarters at Stamford Street, London SE1. Sainsbury is linked with Stanhope on the proposals. A planning application for the £270m scheme has just been submitted to London Borough of Southwark along with an application for a second new building on the firm's car park site in Maymott Street. The tower has a tapered 'neck' and a low-rise office block forms the base. A Sainsbury's 'Central' supermarket could be incorporated in the ground floor. The 14,490 sq m (156,000 sq ft) Maymott Street scheme could cost £70m and is planned as a 22-storey tower designed by architect Lifschutz Davidson. Sainsbury is working on the site assembly for the scheme and is said to be in the process of acquiring Wakefield House and 19-21 Blackfriars Road from Dunloe Ewart, the developer. Sainsbury is thought to be seeking to develop around 46,451 sq m (500,000 sq ft) in the various SE1 developments for completion in 2004. Sainsbury is still thought to be considering its options on the 11,150 sq m (120,000 sq ft) Rennie House, on the south side of Stamford Street. Sainsbury staff will relocate to 33 Holborn Place, London WC1, to allow the headquarters development to proceed. Healey & Baker is advising Sainsbury. - (22-04-2001)

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The Eye underway

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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Sainsbury to move to Holborn Place

Sainsbury has taken the whole of the Holborn Place, 33 Holborn the 27,870 sq m (300,000 sq ft) building on the site of the former Daily Mirror building. Sainsbury has taken a 25-year lease at a reported rent of around £52.50 per sq ft. The group has been based on the Southbank since 1912 and has 4,000 staff in about 13 buildings. The company will move to Holborn Place in summer 2001 and will set up a 3,500 sq m (37,674 sq ft) Sainsbury Local convenience store in the new premises. The freehold of the Stamford Street site is to be sold and redeveloped for offices and a Sainsbury store. Sainsbury is to keep its recently refurbished office in Union Street, London SE1. - (09-12-2000)

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Plans submitted for former Patent Office

A major refurbishment is planned for the former Patent Office building at 25 Southampton Buildings and 10 Furnival Street, London WC2. A planning application has been submitted to the Corporation of London by Montagu Evans, on behalf of City & General Holdings (Holborn) Limited, for a 25,998 sq m (27,964 sq ft) refurbishment and part new build of the listed building. The Patent Office relocated to Newport in 1991 and the buildings have been in temporary use since then. - (29-09-2000)

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