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Refurbishment underway
Potential in WC2
Southbank re-design
Midtown appointment
City refurbishment
City tower to start in 2012
Refurbishment in EC4
Building on site shortly
Development due to start
Refurbishment planned
Euston scheme signs major tenant
City demolition start
Mayfair scheme let
Cheapside deal
Soho application
Mayfair scheme let
Victoria completion
West End scheme to start
Major EC2 deal signed
City office topped out
Kings Cross start
Peak reaches peak
City scheme consent
Crossrail redevelopment scheme
Salmon's scheme gets underway
City demolition start
Invista nears completion
City consent
Tower plan for EC3
Baker Street preparations
Soho start
New EC3 office tower plan
Westminster Place plans approved
Soho scheme demolition
F&C plan start
DTZ letting confirmed
Construction to start in EC2
New start in Soho
Pre-let in EC2
Revised plans for Moorgate scheme
Kingsway refurbishment underway
Merchant Square to start
Centrium ahead
City redevelopment scheduled for autumn
Start for EC3 scheme
Appointment for Schroders
Land Securities' huge EC4 scheme
Early 2005 start for Finsbury Circus?
HQ pre-let for Guardian Media Group
Is the Gerkin costing Swiss Re 35K a day?
New Drapers Garden plan
Belgrave House topped out
63-storey tower for Docklands
DTZ spots new space increase
New owner for DLA's offices?
Plantation Place up by 10 per cent
Wates on site for Lothbury
Long-term development coming on line.
West End space update
Completion date for Aboris
City Point for sale at around £400m
BBC 'longlist' development consortia
Speculative schemes set to increase
Northern House acquired by Asticus
LandSec's New Fetter Lane scheme not yet validated
New scheme submitted for Island site, SE1
55 Bishopsgate investment deal
Can of Spam consent
Targetfollow has gained revised consent for its planned 22-storey office development with retail at ground level, at 60-70 St Mary Axe, London, EC3. The building is being nicknamed "Can of Spam" because of its shape. The architect is Foggo Associates for the 39,166 sq m (421,582 sq ft) gross or 27,870 sq m (300,000 sq ft) net, island scheme. A start is not expected until 2011 or 2012. DP9 is the planning consultant. DTZ is advising on the development. - (02-07-2010)
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City rents up in 2010
City of London office rents are forecast to rise in 2010 with London leading the European property cycle according to the latest market report from DTZ. Prime City rents are expected to rise by 8% next year but rents in other Euroepan cities are expected to fall further. DTZ has upgraded its previous forecast for the London office market to reflect current optimism and the view that this might be the start of the next property cycle. - (14-10-2009)
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Can of Spam consent
Targetfollow has gained consent for its planned 22-storey office tower with retail at ground level, at 60-70 St Mary Axe, London, EC3. The building is being nicknamed "Can of Spam" because of its shape. The architect is Foggo Associates for the 39,166 sq m (421,582 sq ft) gross or 27,870 sq m (300,000 sq ft) net, island scheme. Finance has yet to be secured. A start is not expected until 2010. DP9 is planning consultant. DTZ is advising on the development. - (19-12-2008)
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Gherkin for sale
Swiss Re has put 30 St Mary Axe, London, EC3, otherwise known as The Gherkin, up for sale. It is thought that the iconic 40-storey building could achieve a sale price of over £550m. Swiss Re is being advised by DTZ and Eurohypo. - (18-09-2006)
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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)
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Work starts on 71 Lombard Street.
Work has now gotten underway on the redevelopment of 71 Lombard Street, London EC3. The building is being renovated by IVG Asticus, which is acting as construction manager and appointed sub contractors for the building work, and should be ready to occupy during early 2007. When completed, the building will provide approximately 12,000 sq m (129,168 sq ft) of offices on floors 1-8 and 3,716 sq m (40,000 sq ft) of retail on the ground and mezzanine floors as well in the basement. The letting agents for the offices are DTZ and Savills and DTZ and Cushman are the agents for the retail. - (08-03-2005)
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Columbus Tower approved
Columbus Tower, a 63-storey, 246m high, skyscraper, has been approved by London Borough of Tower Hamlets. The building, designed by DMWR architects and Weintraub Associates, adjoins Canary Wharf and is at the western end of West India Quay, London, E14. The project needs a Section 106 agreement to be signed and will also to be referred to the Greater London Authority and the Civil Aviation Authority. Columbus Tower is to be developed by SKMC, controlled by the Abu Dhabi royal family, and Farnham Properties. The scheme includes 30,000 sq m (322,920 sq ft) of office space, a hotel and health club, 2,200 sq m (23,680 sq ft) of retail space and a winter garden. The development could be completed by 2007. GVA Grimley is the planning consultant and DTZ is advising on the commercial space. - (30-03-2004)
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Grosvenor may buy 41 Lothbury
Grosvenor, the private property company, is said to be in advanced negotiations to buy 41 Lothbury, London EC2 from the Royal Bank of Scotland. The scheme has planning approval for the refurbishment and partial redevelopment of the 9-storey, Grade II listed, building, the former National Westminster headquarters. The scheme involves a change of use from a banking hall to office (B1) use, with retail and restaurant space. The net office floorspace proposed is estimated to be about 13,935 sq m (150,000 sq ft). DTZ Debenham Tie Leung is thought to be advising RBS and CB Hillier Parker is acting for Grosvenor. - (29-07-2001)
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Helical Bar pre-let
Linklaters & Alliance, the law firm, has confirmed that it has pre-let 8,830 sq m (95,000 sq ft) at 3 Bunhill Row, London EC1. The scheme is being developed by Helical Bar and adjoins the recently completed 25 Chiswell Street building let to rival law firm Slaughter & May. Linklaters has been previously rumoured to have 'overspill' requirements due to expansion and will have to relocate 250 staff from Clements House at 14-18 Gresham Street, London EC2 in the future. DTZ Debenham Tie Leung acted for Linklaters Alliance. - (22-04-2001)
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Ernst & Young confirm SE1 pre-let
Ernst & Young, the accountancy firm, has confirmed that it is to take about 35,767 sq m (385,000 sq ft) at CIT's More London Bridge development in London SE1. Ernst & Young is said to be taking Building 1A, with an option to take a further 10,684 sq m (115,000 sq ft) in the linked Building 1B. The firm's relocation in early 2003 could release up to 12 buildings onto the market, including Rolls House, 7 Rolls Buildings, London EC4 and Becket House and York House, London SE1. DTZ Debenham Tie Leung is advising Ernst & Young. - (25-03-2001)
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British Land may buy 51 Lime Street
British Land and Stanhope are said to be in negotiations to buy 51 Lime Street, London EC3 from Lloyd's of London. There is speculation that the building could be replaced with a 37,160 sq m (400,000 sq ft) office block. Built in 1958 51 Lime Street was the headquarters of Lloyd's, before it moved to the head office designed by Lord Rogers, and now accommodates about 200 staff from Lloyd's legal and regulatory departments. The building is on the market through DTZ Debenham Tie Leung. - (13-11-2000)
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