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Sturgis Associates

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City consent

Refurbishment underway

City building let

Mayfair scheme let

CapCo plans major scheme

Kings Cross office appointment

City scheme to start

City scheme nears completion

Midtown scheme underway

Collingwood House appointments

Kensington redevelopment plan

City refurbishment update

Morley let space

City refurbishment start

Collingwood House update

New scheme for WC2

October start in EC4

Noho scheme poised

Start for West End scheme

Contractor appointed in W1

Extension in EC3

Consent for Fitzrovia scheme

Early 2007 start for W1 scheme

Midtown offices planned

Refurbishment planned in W1

Early plans for W1 offices

The Curve taken up

Occupier negotiates to take 'The Curve'

Gloomy news from King Sturge.

Morley's City scheme underway

More pre-lets at CityPoint

ICI to take 20 Manchester Square W1

Hammerson pre-let to Withers

Search for City tower sites

Brookfield, the Toronto-based developer and contractor, is seeking a City of London site to build another office tower, following its role on the Pinnacle, this time as developer. A shortage of prime office space may push rents back to their 2007 peak in three years, according to King Sturge. The company’s development unit has seen some “interesting opportunities” for an office building in the City of London, according to James Tuckey, chairman of Brookfield’s European arm. - (11-03-2010)

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City completion

ING Real Estate has completed its 1,548 sq m (16,667 sq ft) office refurbishment of the seven-storey office and retail building at 2-4 Eastcheap, London, EC3. Tuffin Ferraby Taylor advised. Cuffe was main contractor and the letting agent is King Sturge. - (15-02-2008)

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Latest markets views

The latest report from King Sturge sees no significant rental growth in the City of London until 2006 and indicates tenants are now getting up to three years rent free periods on long leases. Tenants are paying around £45 per sq ft in the City and £90 per sq ft in the prime areas of the West End (between Bond Street and Piccadilly). The City still has more than double the vacant office space of the West End making it a buyers market. Cushman & Wakefield Healey & Baker has estimated vacant office space at 18m sq ft in the City of London, making the vacancy rate about 13%. In the West End the vacancy rate is put at about 8%, with 7.4m sq ft of office space vacant. - (13-01-2005)

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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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Orange gets the Point

Orange, the telecoms company, is said to have pre-let the whole of the 'Point' building at Chelsfield's Paddington Basin scheme at North Wharf Road, London W2 as its global headquarters. The Point has been designed by Terry Farrell & Partners and provides about 20,657 sq m (222,352 sq ft) of office space. Orange is thought to be moving staff from its London offices, Paris and other European cities by the end of 2002. King Sturge is advising Orange. - (20-02-2001)

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