London office market 'reborn'

London office market 'reborn'
Thursday 16 May 2013

Construction activity in the capital running at three times the level of three years ago, with 9.7 million sq ft of office space under construction.

http://www.deloitte.com/view/en_GB/uk/news/news-in-focus/e72971f2eacae310VgnVCM2000003356f70aRCRD.htm

Investors eyeing active regional office markets outside London

Investors eyeing active regional office markets outside London

1 May 2013 by Simret Samra
Posted in News Headlines

Key regional office markets outside of London witnessed a resurgence of interest from investors in Q1 2013, with strong demand for prime office stock.

http://www.knightfrankblog.com/commercial-briefing/news-headlines/investors-eyeing-active-regional-office-markets-outside-of-london/

Q1 2013 occupier activity increases by 25% in UK’s Big Six office markets

Q1 2013 occupier activity increases by 25% in UK’s Big Six office markets
Current occupier demand levels, prelets and speculative starts buoy optimism

London, 1 May 2013 – Signs of recovery across the UK’S Big Six* regional office markets continued during the first quarter of 2013 (Q1 2013) with total occupier take-up reaching one million sq ft, an increase of 25% compared with the same period last year, according to Jones Lang LaSalle’s latest research.

http://www.joneslanglasalle.co.uk/UnitedKingdom/EN-GB/Pages/NewsItem.aspx?ItemID=27899

Quiet Start to 2013 for Central London Office Market

Quiet Start to 2013 for Central London Office Market

11 April 2013

Figures released today in Capita Symonds’ ‘Central London Overview Q1 Report’ show that the central London office market got off to a quiet start in 2013.

http://www.capitasymonds.co.uk/news__events/latest_news/quiet_start_to_2013_for_centra.aspx

London Regains World's Most Expensive Office Market Crown

LONDON REGAINS WORLD’S MOST EXPENSIVE OFFICE MARKET CROWN
19 Feb, 2013, London

- London leapfrogs Hong Kong to take top spot for first time since 2008
- Rio de Janeiro soars from 8th to 3rd with a rental uplift of 43% on previous year
- Global office rents increase by 3%

http://www.cushwake.com/cwglobal/jsp/newsDetail.jsp?Country=GB&Language=EN&repId=c58100005p

Land Securities Eyes Recovery in London Office Market

January 23, 2013, 6:20 a.m. ET
Land Securities Eyes Recovery in London Office Market

By PETER EVANS

LONDON—Land Securities Group PLC on Wednesday said the London office market is showing signs of revival, as the company announced several new lettings on a 36-storey office tower it is building in the capital.

http://online.wsj.com/article/SB10001424127887323539804578259320372774536.html

Central London Office Market Proves Resilient in 2012

CENTRAL LONDON OFFICE MARKET PROVES RESILIENT IN 2012
31 Dec, 2012, London

Despite a backdrop of a continued economic uncertainty, the Central London office market has proved resilient over the year according to the latest report from real estate consultants Cushman & Wakefield, which predicts that take up of new office space in Central London for the year to December will be 7.3 million sq ft, marginally below the 2011figure of 7.8 million sq ft. This latest report highlights the emergence of the Media & Tech and also insurance sectors as key drivers of demand, and that the continued growth of these sectors combined with a peak in lease expiry events in 2015, will result in a healthier leasing market over the next 12 months as occupiers are forced to consider their office space options.

http://www.cushwake.com/cwglobal/jsp/newsDetail.jsp?Language=EN&repId=c57000005p&Country=GB

London office market: Good prospects from 2014

London office market: Good prospects from 2014

In its latest research paper, Henderson’s c. £12.4 billion Property business, examines prospects for the Central London office market. The report notes that City Fringe, West End and Midtown sub-markets have benefitted from strong take up by technology, media and telecommunications firms during an otherwise difficult year for the domestic economy. Core City take up has been dominated by lettings from the insurance sector with very subdued activity from banking. Underlying City take-up has been relatively stable over the last 12 months or so, at around 75% of the long run average. This sub-par level of activity is expected to persist while low confidence and volatility persists in the markets.

http://www.property-magazine.eu/london-office-market-good-prospects-from-2014-23396.html

Office market: Construction tracks the health of banking - FT.com

Frankfurt as a Financial Centre

June 13, 2011 4:12 pm
Office market: Construction tracks the health of banking
By Ed Hammond

The lofty canyons of Frankfurt’s financial district are once again reverberating with the rumble of heavy machinery.

Caterpillar-tracked piling rigs plunge drill heads into the soil, boring the deep holes for the concrete and steel foundations from which the city’s next generation of skyscrapers will rise.

http://www.ft.com/intl/cms/s/0/ed5ea1c8-955e-11e0-a648-00144feab49a.html#axzz2PXw36Vqx