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View of a Prologis shed

Prologis readies London multi-storey assault

Prologis secures series of sites around London.
  • Prologis has acquired at least four sites where it could develop multi-storey warehouses in London
  • Land values and rents have reached a level where expensive, multi-storey development is viable
  • Many of the sites have existing occupiers meaning such development may not start quickly in each instance
View of Embassy Gardens in Nine Elms

Sale of £160m Embassy Gardens terminated

DWS and Ballymore end discussions; building is withdrawn from the market
  • One Embassy Gardens sale talks end as building is pulled from the market
  • Rather than make a third attempt to sell the building, Ballymore will see out the scheme to completion
  • Ballymore will retain the asset and focus on leasing the wider Embassy Gardens development

Hunt on for £700m Olympia funding

Project seeking finance ahead of start next year

Spaces takes 80,000 sq ft in Victoria

1,500 workstations to open at Parnell House
View of Orion House in Covent Garden

Criterion set to buy in Covent Garden

Asif Aziz's propco set to splash more than £130m on London office

Brockton Everlast dials up £106m off-market Old Street buy

Investor has now made £520m of purchases this year

Trinova exchanges on £62m Midtown buy

Aviva agrees latest central London office sale

London occupiers launch 150,000 sq ft office hunts

Two more requirements launched as London take-up gathers pace
  • Two more office requirements launch in central London totalling 150,000 sq ft
  • Lease events and expansion are driving the searches for new HQs
  • Requirements come after office take-up in central London reached 1.3m sq ft in July

RDI concludes refi of £75m serviced office portfolio

Aberdeen Standard has provided debt of £75m to refinance RDI's serviced office portfolio