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Office Market News

Walkie Talkie tuning in - City of London, Walkie Talkie 87% full following latest lettings

Walkie Talkie 87% full following latest lettings

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Skanska U.K. to Build London Office Project for $160M

Skanska U.K. has completed an agreement with developer Helical Bar for the construction of a London project valued at $160 million.

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Town's property market hits 16-year high

Warrington’s property market is at its strongest since 1998. Nearly 2m sq ft of industrial floorspace was let in 2013, along with 322,000 sq ft of office space, making it a record breaking year.

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HSBC tower could be sold for over 1.1 billion pounds

London's largest and most expensive office building, HSBC Holding Plc's global headquarters, is up for sale and could fetch over 1.1 billion pounds (1.85 billion) a record price for the British market, the Financial Times reported.

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EU Commissioner Johannes Hahn opens GREET Vienna 2014

GREET Vienna is the venue for international real estate with a special focus on projects and investments in Central, Eastern and South Eastern Europe, including Russia, Turkey and CIS. GREET Vienna, now in its second round, is fast approaching. The conference will be held at Palais Niederösterreich in downtown Vienna on 19 and 20 May 2014.

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Drop in real estate returns

Unlisted real estate funds in the UK returned 2.9 per cent for the three months to March, falling back compared to 4.1 per cent for the last quarter of 2013. However, the two most recent quarters recorded the highest levels of returns for the UK unlisted funds since June 2010.

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Discretionary managers back UK property and equities

Upbeat forecasts for the UK prompts managers to target commercial property and equities.

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Average property prices in London's Canary Wharf soar due to high demand

Strong demand has forced average pricing in Canary Wharf up to around £750 per square foot, with some of the best units at new schemes pushing towards £1,100 per square foot, a new analysis shows.

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