Office Property News

Cardiff’s Largest Office Letting Deal of The Year

The former Tesco House in Llanishen, Wales has been sold to Cardiff and Vale University Local Health Board on behalf of Oval Real Estate. No further information on the contracts has been disclosed at present, but the deal looks set to become the largest office deal of the year. The office has 85,000 sq ft […]

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Landmark Manchester: Stunning Design Details Revealed

Landmark, a leading architect behind the 180,000 sq ft ‘Landmark Manchester’ office development, has officially released key features of the impressive new building.   Murray Levinson, Partner at Squire and Partners, said; “The overall design and finishes at Landmark are about so much more than just meeting set criteria. The double height reception, with approximately […]

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Allenby Commercial Buys Europa House

Family owned commercial property investment company Allenby Commercial has officially completed a deal on Europa House, in Anlaby Road and Ferensway. The office building consists of six floors with a total of 50,000 sq ft, and the new owners have stated they intend to refurbish the building to bring it up to ‘Grade A’ standards, […]

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Bristol Offices Remain Strong in 2018 – Analysis

The city of Bristol continues to go from strength to strength, as figures from the Bristol Office Agents Society publish impressive Q3 stats for the Greater Bristol area. On the heels of last years success, the Bristol Office Agents Society have published the third quarter statistics for the Greater Bristol area, showing a record-breaking 283,458 […]

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South Bank’s New £350 million Development Approved

Leeds City Council has given the thumbs up for a new six-acre site in the heart of South Bank. Section 106 has officially been signed off by the Council and will lie on Globe Road and Water Lane. A planning application for the ambitious project was voted on in April 2018, and the plans to […]

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Osborne and Co Submit Plans for First Major Development in Glasgow.

Glasgow City Centre has received a submission for a 283,000 sq ft Grade A office to be development by investors Osbourne and Co. The investment will total £95m and deliver the initial part of the prime development in the International Financial Services District (IFSD). This investment will be part of the first significant development in […]

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Central London Offices Reach 3.7million sq ft in Q3 2018.

Recent statistics published by global property advisers Knight Frank reveal an 18% incline in the ten-year average of take-up space. Q3 results show that central London offices had a total take-up of 3.7 million sq ft in 2018’s penultimate quarter. The highlight of the third quarter was undoubtedly Facebook acquiring a total of 600,00 sq […]

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M&G Real Estate Complete Reading’s Biggest Letting of the Year.

Auditors KPMG has taken up 43,462 sq ft on a 15-year lease at the 600,00 sq ft Forbury Place, Reading. The professional service provider KPMG form part of the ‘Big Four’ auditors employing approx. 200,000 people.   Aaron Pope, Director, Asset Management at M&G Real Estate, said: “The Forbury Place estate has proved on several […]

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CEG Acquires City Gate East & West in Nottingham City Centre

Commercial Estate Group (CEG) have acquired Nottingham’s Gate East & West block office buildings for an undisclosed sum on behalf of investors. The current tenants in the building who will enjoy the new amenities are JLL, Scape Group, Domestic & General, Nottingham Trent University, Arup, RSM and Experian.   James Keeton, Director at Nottingham office […]

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Leicester’s Wellington House Office Building Sold

Leicester’s Wellington House Office Building Sold The recent speculation regarding the Wellington House building was in fact correct, as today we can confirm from the owners FI Real Estate Management known as FIREM have sold the office block located in Leicester city centre.   A spokesperson for FI Real Estate Management said: “The sale of […]

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