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Consent for refurbishment

Mayfair refubishment

City site sale

Knightsbridge redevelopment

Mayfair start

St Alphage House new plans

Midtown site tipped

Blackfriars scheme seeks new investors

Mayfair scheme re-started

Euston scheme signs major tenant

Progress for Mayfair scheme

Application in Knightsbridge

Start in SE1

Hermes let space

City tower plan

Knightsbridge refurbishment

Deal in new W1 building

Farringdon demolition

Office refurbishment in W1

City scheme refused

Major pre let announced

Mayfair scheme poised for start

Hanover demolition

Imminent start on Grafton Street

Farringdon consent

Start in EC1

City refurbishment plan

Refurbishment in EC1

Mayfair start

Mayfair consent

West End start

Hines to start on site

Completion for major W1 scheme

Consent for Farringdon scheme

Midtown construction start

City scheme start

Watermark update

New Churchill Place scheme

Mixed use scheme for Knightsbridge

Consent for City tower

Gresham refurbishment

Oxford Street refurbishment

Preparation for More London building

Mayfair site assembly

New City tower application

Demolition start for City block

GPE West End start

Shortlist for W1 scheme

Application for major new Mayfair scheme

Tower Bridge office application

West End scheme goes to tender

Joint venture looks for 2006 start

Refurbishment in SW1

Refurbishment underway in EC2

Headquarters building underway in Mayfair

Land Secs announce Cheapside start

Revised application for Austral House

HQ pre-let for Guardian Media Group

Durrant House appointment due

MWB's Old Bailey plea

New offices completed.

Belgrave House topped out

Ropemaker to demolish in Knightsbridge

Government offices?

Prudential to sell site

Launch for 350 Regent's Place.

More completions

Any takers?

10 Gresham Street to start

JWT to move next spring

New home for the Bank of India?

Northern House acquired by Asticus

Bovis appointed on Knightsbridge Green, SW1

ICI to take 20 Manchester Square W1

Freshfields take part of Northcliffe House

Knightsbridge Green goes to Hong Kong group

Knightsbridge Green under offer

West End tops ranking

London's West End seems to have become the most expensive office space in the world, according to Knight Frank's latest global real estate research on 105 cities. The West End topped £85 per sq ft in late 2010, a 31% increase from the start of the year. This was ahead of the £83.67 per sq ft in Tokyo, which is seeing falling rent levels. The City of London was in 7th place, up from 12th place, with prime office rents of £55 per sq ft. - (04-05-2011)

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Shard letting agents

London Bridge Quarter has announced the appointment of office letting agents for both the Shard and London Bridge Place, London, SE1. Jones Lang LaSalle and Knight Frank have been instructed on the Shard, and CB Richard Ellis and Colliers International advising on London Bridge Place. - (16-11-2010)

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Shell-Mex House sold

Shell-Mex House in the Strand has been sold for just under £500m to Westbrook, the US fund manager. The 51,096 sq m (550,000 sq ft) art deco building was owned by a group of private investors, including Robert and Vincent Tchenguiz, David and Simon Reuben and Jack Dellal, who acquired the building in 2002 for £327m from Lehman Brothers. The building has been on the market since early 2006 and has seen several bids fall through, possibly because of rising interest rates. Westbrook was advised by Knight Frank and CB Richard Ellis advised the consortium. - (06-07-2007)

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Glasnost - Online Project, Contact & Image Management

Riverside South S106 agreed

The Riverside South development at Canary Wharf, London E14, has been granted planning permission by London Borough of Tower Hamlets. The 278,700 sq m (3m sq ft) scheme by Canary Wharf Group comprises twin office towers of 28 and 34-storeys. The permission is subject to a £20m Section 106 agreement. Knight Frank and CBRE are the letting agents. - (17-07-2005)

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Knight Frank predicts

Knight Frank is predicting that take-up in central London will rise from 1.2m sq m (13m sq ft) in 2004 to 1.7m sq m (18m sq ft) in 2008, a 38% increase. Available space is seen as falling from 2.5m sq m (27m sq ft) to around 1.0m sq m (11m sq ft) in the same period. The firm sees rents in the City of London as remaining around £484.38 per sq m (£45 per sq ft) in 2005 but rising to £645.84 per sq m (£60 per sq ft) in 2008. In the West End rents are predicted to rise from £807.30 per sq m (£75 per sq ft) to £861.12 per sq m (£80 per sq ft) and to £1,022.58 per sq m (£95 per sq ft) by 2007. The firm also considers that because only a few new-build West End developments are in the pipeline that this year will see a focus on refurbishments. - (14-02-2005)

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L&G confirm pre-let

2005 starts with good news, as Legal & General, the insurer, confirms, at last, that it has taken an initial 11,148 sq m (120,000 sq ft) pre-let on floors 3 to 8 at CLOUT’s 16,727 sq m (180,000 sq ft) 1, Coleman Street scheme (Austral House) in London, EC2. The new headquarters building will be completed in early 2007 and demolition of Austral House will start this month. Legal & General is planning to relocate 700 staff from Bucklersbury House and has taken a 20-year lease at £493.53 per sq m (£45.85 per sq ft) with a 30 month rent free period. Knight Frank is advising L&G. - (08-01-2005)

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Agents for change

With more competitive times now facing the property industry developers are starting to make a few changes in their letting agents. Thorstone Land has replaced Knight Frank on the marketing of Lion Plaza in EC2 with BH2, and at 'The Eye' in WC1 Alfie Buller's Bee Bee Developments has replaced Atis Real Weatheralls with Insignia Richard Ellis. No doubt there are more changes to come as the increasing supply puts more pressure on agents to be more proactive in letting space. - (10-11-2001)

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SE1 office scheme announced

Shell International and Lend Lease have submitted detailed plans for the redevelopment of part of the Shell Centre site in York Road, London SE1. The scheme now has a high office content, rather than a retail emphasis as originally envisaged, following discussions with London Borough of Lambeth. The £180m scheme, named Belvedere Court, includes about 32,000 sq m (344,450 sq ft), of offices, mainly in a new 12-storey building, 7,300 sq m (78,575 sq ft) of retail within the existing Shell space, 4,000 sq m (43,056 sq ft) of restaurants and cafes, 11,200 sq m (120,556 sq ft) of sports facilities and 4,700 sq m (50,590 sq ft) of conference space. The scheme has been designed by Arup Associates. Knight Frank is rumoured to be marketing the ofice development and CB Hillier Parker is the agent for the retail space. If planning approval is granted the scheme could be completed in autumn 2004. - (03-09-2001)

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Lend Lease buys part of Patent Office

City & Provincial and Lend Lease have acquired part of the former Patent Office at 10 Furnival Street, London EC4 for about £12.5m. The eastern part of the building has been acquired from City & General, which is currently refurbishing the 4,645 sq m (50,000 sq ft) Central Court and the 2,787 sq m (30,000 sq ft) Staple Court. This phase is due to be completed in August 2002 and Jones Land LaSalle and Montagu Evans are to begin marketing in September. The eastern part of the building will be refurbished and extended at a cost of £15m and the office content will be increased from 8,175 sq m to 10,312 sq m (88,000 sq ft to 111,000 sq ft). The Lend Lease joint venture was advised by Knight Frank. - (25-08-2001)

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Latest plans for Times Square agreed

Sableknight's revised proposals for Times Square, 160-162 Queen Victoria Street, London EC4 received planning approval the week before Easter. The plans were revisions to the schemes approved in 1998 and 1999. The 29,580 sq m (318,397 sq ft) office scheme, by Skidmore Owings & Merrill, also involves Louis Dreyfus and QVS Developments. - (22-04-2001)

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