Westminster property owners press for higher fees

The Westminster Property Association is, in a rather unusual move, lobbying the government and Westminster City Council to raise the cost of submitting a planning application to help pay for improvements to the borough’s planning department. At present, the planning department (the country’s busiest) could be impacted […]

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Hanover Green sells Golden Quadrant Portfolio

Royal London has sold a collection of 4 buildings known as the Golden Quadrant Portfolio just south of Golden Square in Soho. The properties comprise 3 Lower James Street, 1-2 Lower James Street & 62 Brewer Street, 56 Brewer Street and Bridle House, 35-36 Bridle Lane & […]

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CIS takes a punt in WC2

AXA REIM acting on behalf of CIS has exchanged contracts to acquire 2 – 4 Bucknall Street, WC2 from Standard Life for £8.6 million. The 17,023 sq ft warehouse style office block immediately north of the Central St Giles development is let to Inspired Gaming Group on […]

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Occupier demand pushes West End office rents past £100 per sq ft

Mayfair’s office rents have topped the £100 per sq ft mark for the first time since the recession began three years ago. Prupim is believed to have agreed a rent of more than £100 per sq ft for the top floor of its new development at 40 […]

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Rockspring achieves Verulam Point, St Albans office letting

Rockspring Property Investment Management has let the entire second floor of Verulam Point, St Albans, comprising 15,275 sq ft to the UK operations of Luxottica Group, the world’s No1 premium eyewear manufacturer, for a term of ten years at a rental of £328,400 pa along with an […]

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West London business park put on the market

Chiswick Park business park in west London is up for sale with a price tag of £450m. The Chiswick Park Unit Trust, which is managed by Schroders, Aberdeen Property Investors and Stanhope, decided to sell after the fund reached its termination date, and to no doubt capitalise […]

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