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London Offices – An Olympic Year?

Old Bailey deals

Early start for W1 scheme

Eagle House update

City fringe start

Planning inquiry in SE1

Oracle plans revision

L&R preferred for M&S HQ

Residential start for WTC in E14

LSE calls for more skyscrapers

Charrington Wharf offices scale down

New scheme for SE1

Bouygues starts WTC

460m high skyscraper proposed for Aldgate

Clerical Medical in Kensington Village deal

Hines to develop in London?

Europe's tallest office planned for London Bridge

EIA likely to be required for Baltic Exchange scheme

BBC seeks property partner

Knightsbridge Green goes to Hong Kong group

World's tallest skyscraper for SouthBank?

Nasdaq to open City office

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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Overspend on HQ

The BBC has admitted that it has gone nearly £60m over budget on its £1bn redevelopment of Broadcasting House, Portland Place, London, W1. Most of the mistakes occured during phase 1 to 2004. The new HQ will become the new home to BBC News and Radio, including the World Service at the end of 2010. Around 4,500 staff are expected to relocate to Broadcasting House in the next year. - (24-02-2010)

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More view less towers

An interim report from the Department of Culture could lead to changes in the protected view lines for the Tower of London, Westminster Abbey and the Palace of Westminster. London's Unesco World Heritage Sites are seen as being in need of more stringent planning rules to protect them. Any move to extend view lines could be at odds with the Mayor of Londons support for tall buildings. The Government is undertaking a visual impact study to review the current London View Management Framework. Any changes to London view lines is certain to lead to a lively debate. - (15-02-2007)

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Glasnost - Online Project, Contact & Image Management

WTC4 turns to residential

City & Provincial has revised its plans for its World Trade Centre scheme and is now intending that Building 4 (WTC4), of 31,240 sq m (336,267 sq ft) will be a 24-storey residential block named Discovery Dock. The compnay has cited a 'slow' commercial office market in London and planning delays as the reasons for the change in strategy. The scheme has an exisiting planning permission for residential that can be implemented. - (30-03-2002)

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Canary Wharf raises £1.25bn

Canary Wharf Group, the property developer, issued new debt and increased the level of its asset-backed bonds by £1.25bn this week. The bonds are backed by rental cashflow from the Canary Wharf portfolio of 12 office buildings. Last year Canary Wharf raised £875m through an asset backed deal. On the basis of this deal it would appear that the securitisation of 'trophy' real estate developments has not been affected by the terrorist attack on the World Trade Centre. - (13-02-2002)

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West End firms put space on market

A number of London firms based in the West End are currently rationalising their offices. Tiscali's takeover of World Online has released its 1,665 sq m (17,922 sq ft) at 20 Broadwick Street in W1; Advertising agency CDP is marketing its 33 Soho Square headquarters in W1; EPB Communications is looking to dispose of its Berners Mews offices in W1; IT company, Informa is looking to dispose of 745 sq m (8,019 sq ft) at Newlands House W1, while Colt Telecom is about to market its 3,345 sq m (36,000 sq ft) office at 79 New Cavendish Street, also in W1. - (14-11-2001)

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Architect Seifert dies

Richard Seifert, the architect who designed Centre Point and the NatWest Tower, now known as Tower 42, has died aged 90. Centre Point, constructed on a small plot, is still believed to be the world's tallest prefabricated building. A controversial development in design terms Centre Point also came to be regarded as the worse example of development greed as the building remained empty for years while rental values increased. The NatWest building in its plan shape is remarkably similar to the National Westminster logo, although any deliberate intention in 'mirroring' the design was always denied. After the second world war Siefert became one of the UK's most prolific architects and the two buildings formed just a small part of his extensive portfolio. - (27-10-2001)

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Four Millennium Quarter approvals

More than 2.6 million sq ft of new office schemes was granted planning permission by London Borough of Tower Hamlets last week. All the development are in the 20ha (50 acre) Millennium Quarter site in South Quay, London Docklands E14. The schemes include Ballymore's One Millharbour and Arrowhead Quay office schemes, the first five buildings over two phases of Capital & Provident's World Trade Centre scheme and the Quadratic building. - (20-05-2001)

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BBC to extend Broadcasting House

The BBC is to bring its news operations, with 2,200 staff, into one centre at Broadcasting House, Portland Place, London W1. A new building, will be developed on the site of two existing 1960's office blocks, Egton House and 16 Langham Street. The new centre will be completed in 2008 and include 4,645 sq m (50,000 sq ft) of publicly accessible space. The BBC World Service, with 1,100 staff, will vacate Bush House in the Aldwych, London WC2 and move to the extended Broadcasting House a 1930's Grade II listed building. Architect MacCormac Jamieson Prichard has been commissioned to design the 'state-of-the-art centre. The redevelopment is likely to be carried out as a joint venture with the winning bidder for the BBC's property portfolio. - (01-11-2000)

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Tower Hamlets agrees two South Quay schemes

The World Trade Centre proposal at Marsh Wall, London E14, put forward by Capital & Provident Management, received planning approval this week from London Borough of Tower Hamlets. The World Trade Centre will in total comprise 2 million sq ft, in nine buildings, and is to include a Posthouse Premier Hotel. Separately, the Arrowhead Quay scheme on Marsh Wall E14, planned by Ballymore, also obtained planning permission. The Arrowhead Quay scheme is in total a 66,239 sq m (713,000 sq ft) mixed use development incorporating office, retail, and leisure. The 16-storey and 26-storey glass and steel buildings have been designed by Skidmore Owings & Merrill (020 7793 1007). - (04-10-2000)

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One Westminster Bridge refused permission

On 19th September 2000 the London Borough of Lambeth refused planning permission for Frogmore's proposed redevelopment of the former Count Hall Island block in SE1. The Gensler designed scheme, known as One Westminster Bridge, was refused permission following criticism from CABE (Commission for Architecture and the Built Environment). Lambeth Councillor Kevin Craig has been reported as saying "We did not feel that this was an application we could support since it is a world heritage site and next to a listed building". Frogmore is understood to be likely to appeal against the decision. - (24-09-2000)

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Company Details for World Trade Centre London