Company Details for
Long & Partners

Address

Telephone & FAX

Email & Website

Associated Projects

News about Long & Partners

A full news search is available here

Subscribe to view the stories below >>>

Fringe scheme start

Refurbishment plan in W1

City site to progress

Refurbishment in EC3

London Office Market – Special Report

New plans for West End site

Mayfair office start

Kings Cross start

Mayfair consent

Refurbishment mooted in EC4

Long term development plan

Tower completion

HQ architect appointed

Mayfair application

City fringe application

Long-awaited City application

Walbrook Square deal conifirmed

Early stages on City site

Office plans may change

Mitre Square latest

Redevelopment plan for City sites

Refurbishment plan for EC3 building

Covent Garden timetable

Construction in WC2

Hotel to replace offices

Mayfair scheme poised for start

Refurbishment in EC2

Mayfair start

Office expansion in WC2

Covent Garden consent

Planned City office scheme for sale

Mayfair scheme start

Refurbishment in WC2

Start for SW1 scheme

Start date for tower

Vauxhall scheme plan

Victoria scheme gets consent

New Drapers Garden plan

The 'Shard of Glass' is approved

Morgan Stanley sub-let at HQ1

Hammerson to acquire Railtrack sites

RBS secure EC2 consent

Miller to build Holborn scheme

New West End schemes

New scheme for Kensington

460m high skyscraper proposed for Aldgate

Northern House acquired by Asticus

Scottish Widows gain Guardian portfolio

Sultan of Brunei to sell London portfolio?

Latest London investment sales

Europe's tallest office planned for London Bridge

55 Bishopsgate investment deal

Hammerson deal at Northgate

Hammerson has entered into a £4.1m three-year option agreement with London Borough of Hackney to acquire the long term leasehold interest in Northgate, at Worship Street and Curtain Road, London, EC2, adjoining the Norton Folgate site already owned by the group. Lehman Brothers has agreed to end its current option arrangement on the Northgate site which has permission for 71,500 sq m (770,000 sq ft) of offices. Hammerson already has permission for a 20-storey office of 18,600 sq m (200,000 sq ft) on the Norton Folgate site. Hammerson is to submit a planning application later in the year for a revised mixed-use development of 79,000 sq m (850,000 sq ft), with about 43,000 sq ft (463,000 sq ft) of offices, hotel, and residential apartments. - (01-08-2005)

Add to portfolio

City office refurbishment.

The Mercer Company is having most of Basildon House on Moorgate, London EC2, refurbished. The building will be available from early June 2005 and is being marketed by DTZ and Ingleby Trice. The building is still partially occupied but the areas currently being renovated cover approximately 2,322 sq m (25,000 sq ft). The entire lower ground, 1st, 2nd, & 3rd floors are being refurbished along with part of the 5th and ground floors. - (24-03-2005)

Add to portfolio

L&R buy Michael House

London & Regional Properties has acquired the long leasehold interest in the former central London headquarters of Marks & Spencer for £115m. M&S moved from Michael House at 37-67 Baker Street, London, W1, to Paddington last year. Jones Lang LaSalle advised M&S. - (05-02-2005)

Add to portfolio

Glasnost - Online Project, Contact & Image Management

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)

Add to portfolio

British Land clears the way

British Land has used H Smith Demolition to clear a major site for a 11,148 sq m (120,000 sq ft) office development at the corner of Old Seacoal Lane and Old Fleet Lane, just off Farringdon Road in London. At this time British Land is awaiting the right market conditions before starting development, but this is not expected to be long in an improving market. - (20-09-2004)

Add to portfolio

British Land submits skyscraper plans

British Land has revealed the plans for a 48-storey glass tower at the site of 122 Leadenhall Street, London, EC3. The Richard Rogers Partnership is the architect of the Leadenhall Building which at 224m (737 ft) tall would be the highest in the City of London. The design incorporates a distinctive triangular shape and will provide 53,605 sq m (577,000 sq ft) of offices, with the lower floors of the building providing restaurants and bars along with 1,672 sq m (18,000 sq ft) of retail space. British Land is hopeful that the Leadenhall Building will be completed in 2006, with a late 2004 start following approval of the planning application made this week. English Heritage is thought to be more positive about this skyscraper as it does not block views of St Pauls. - (15-02-2004)

Add to portfolio

Parabola submits Kings Cross scheme

Parabola Land has submitted a planning application to London Borough of Islington for an eight-storey 27,870 sq m (300,000 sq ft) office scheme overlooking the Regent’s Canal in Kings Cross, London N1. The scheme will also include an arts centre and gallery along with a café and restaurant. The development, designed by architect Dixon Jones, is to be known as Kings Place, and is on a 0.6ha (1.3-acre) site bounded by York Way, the Regent’s Canal and Battlesbridge Basin. - (06-09-2003)

Add to portfolio

Drapers Gardens plans submitted

The Royal Bank of Scotland, advised by Montagu Evans, has formerly applied for consent to redevelop its 32,996 sq m (354,478 sq ft) tower offices at Drapers Gardens, 12 Throgmorton Avenue, London EC2. The new 17-storey office building has been designed by Foggo Associates (020 7490 4040) and will provide 30,780 sq m (331,315 sq ft) net of office accommodation along with 319 sq m (3,433 sq ft) of retail space. - (16-02-2002)

Add to portfolio

Benchmark in bouyant mood

Benchmark Group, the property company specialising in the West End office market, is in a positive mood about the prospects for West End offices in 2002 and 2003, and considers that there is a good balance between supply and demand. The firm recently paid £55m to gain management control of 90 Long Acre, London WC2, a 17,837 sq m (192,000 sq ft) building, and is currently refurbishing the fourth floor of 2,043 sq m (22,000 sq ft). Benchmark has said that it intends to bring more space on-stream during the year. - (06-01-2002)

Add to portfolio

Hemingway plans tower in EC3

Hemingway Properties has submitted a planning application to the Corporation of London for a 16-storey tower with 23,403 sq m (251,909 sq ft) of offices along with retail and restaurant space in EC3. The site is bounded by Mark Lane, Hart Street, London Street and New London Street. The development advisor is Jones Lang laSalle. - (31-10-2001)

Add to portfolio

City objects to "excessive layers"

At the 'Docklands at 20' conference Judith Mayhew, chair of policy and resources at the Corporation of London, has said that "excessive layers" are undermining the planning process and putting London position as a leading financial centre at risk. She made the point said that planning rules allowed English Heritage and others to delay approvals. Her view is that "Large developments, in the City and elsewhere, need speed and certainty in planning process" and she also seemed to be saying that the power of the Mayor of London and the Secretary of State to over-ride local authority decisions, along with individuals and organisation that "seek to influence" decisions, were unnecessary layers. - (03-10-2001)

Add to portfolio

Grosvenor wins planning consent

The Grosvenor Estate has been granted planning permission for its planned refurbishment and extension to provide office space at Belgrave House, 76 Buckingham Palace Road, London SW1. Belgrave House is the former headquarters of BP Amoco and the new £60m scheme will provide around 22,296 sq m (240,000 sq ft) of office space. Grosvenor owns the freehold of the building and a private investor has the long leashold. The adjoining Chantry House is planned to be converted to provide 37 residential units and a restaurant on the ground floor and basement. The architect for the project is Michael Squire & Partners. - (18-06-2001)

Add to portfolio

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)

Add to portfolio

Victoria plans revived

Plans by Railtrack to redevelop the major rail interchanges in central London continues apace. A £250m mixed-use redevelopment scheme for Victoria Station, London SW1, first mooted in the mid-1990's, is being revived. Railtrack is said to be working on a revised masterplan for the Victoria site, which could see an office and retail development of about 46,451 sq m (500,000 sq ft) built at the station. The latest scheme seems likely to integrate a new bus terminal within the scheme with offices above. In addition to the Victoria proposals Railtrack is currently working on plans for 'office-led' mixed-use schemes at Paddington, London Bridge, Kings Cross and with Pillar at Cricklewood, north London. There have also been rumours of investigations by Railtrack on the potential of redeveloping at Waterloo. At Victoria, Railtrack is said to be about to undertake a study, along with other developers with schemes in the area, to assess the level of demand. The developers could include Land Securities, Grosvenor Estate, and Howard Ronson International. The total future potential of developments in the Victoria area amount to over 1.5m sq ft of office space. An end-user 'demand' survey would be no doubt be helpful as at present everyone seems to be chasing Enron, the US energy company, which has the largest known West End requirement. - (26-03-2001)

Add to portfolio

"Shard of glass" revealed

The designs for the £350m skyscraper at London Bridge station, SE1 have just been unveiled. The 66-storey tapering glass tower, designed by Renzo Piano and Broadway Malyan, for developer the Sellar Property Group, will, if built, be the tallest in Europe at 1,016 ft tall. The lower half of the tower is planned as a 27-storey 55,741 sq m (600,000 sq ft) office block, with the upper 15-storey as a hotel and apartment complex. A planning application for the "shard of glass", otherwise known as the London Bridge Tower, could be submitted to the London Borough of Southwark next week. The scheme has been reduced by about 14-storey following initial comments from CABE, the architectural advisory body. There seems little doubt that this scheme, along with Heron's Bishopsgate tower, will become the centre of debate, around which London local government and advisory bodies will finally have to establish an agreed policy towards tall buildings. - (20-03-2001)

Add to portfolio

Revised skyscraper design unveiled

A revised design for a 80-storey skyscraper at London Bridge station, by Italian architect Renzo Piano, is now being put forward by developer Irvine Sellar. The 390m (1,279 ft) tower will include 65,031 sq m (700,000 sq ft) of offices and 18,580 sq m (200,000 sq ft) of flats along with hotel and retail space. A planning application could be submitted to the London Borough of Southwark by the end of the year but is likely to be determined by the Greater London Authority. The skyscraper would not be completed before 2005 and construction costs are put at £300m. Bovis Lend Lease is the project manager. The scheme is unlikely to proceed without a major pre-let and the developer is said to be in discussion with firms including Pricewaterhouse Coopers. - (13-11-2000)

Add to portfolio

MEPC may sell London properties

MEPC, the property company, is said to be close to completing the sale of several London properties to Benchmark for around £250m. The deal could see London overtake Tokyo as the city with the highest office prices. Benchmark is said to have an exclusivity agreement on the portfolio, which includes a 18,580 sq m (200,000 sq ft) block near Cambridge Circus, 90 Long Acre and 12 St James's Square. The Cambridge Circus building is priced at £80m and is let to BT, with about four years remaining on the lease. The property is seen as a possible refurbishment or redevelopment opportunity. The Long Acre building is partly owned by property group Asticus and is priced at £70m. 12 St James's Square, MEPC's former headquarters, is priced at £56m. - (08-10-2000)

Add to portfolio

Land Securities may bid for One New Change

Land Securities is reported to have launched a £175m bid for the One New Change building in London EC4, occupied by the Bank of England on a long leasehold. The 1.4ha (3.5 acre) site currently provides about 37,160 sq m (400,000 sq ft) of office space and could be redeveloped to provide a much larger scheme. Other bidders for the building are said to include Gerald Hines, the US investor, Blackstone Real Estate, Tishman Speyer, City & West and a limited partnership led by Wates City of London Properties. Development Securities is also said to be a possible bidder along with several European institutions. - (25-09-2000)

Add to portfolio

UK

EUROPE

REPORTS

Choose your city of interest, or pick a report on a particular european city.

Login / Register or Subscribe

Company Details for Long & Partners