‘A landlord’s office market’: the outlook for 2025
Investors, developers and agents are hopeful of an upturn
Latest Articles by Dominic Plaskota
Fidelity signs Total Oil & Gas at Surrey campus
Total Oil & Gas has taken 36,000 sq ft at the KIngswood Fields site
Fuel distributor signs at Soho Estates’ Ilona Rose House
Greenergy has signed a 10-year lease
Brookfield announces flurry of lettings to end 2024
Its London office portfolio closes the year with more than 800,000 sq ft of leasing transactions
HB Reavis secures £106m HSBC UK loan
The green loan was secured against the company’s Worship Square office asset
Flex operators set to expand as attendance hits four days a week
More than half of providers are targeting growth in the West End
Welput’s controversial City tower plans refused
Refusal comes despite a recommendation of approval from planning officers
Public gives thumbs up to Network Rail’s Liverpool Street plans
The plans have attracted support after opposition drove the company to launch a second consultation
Allianz signs for Bishopsgate HQ
Insurer’s former home set to be redeveloped
Heritage objections ‘single biggest risk to the City’, says planning director
Opposition from bodies such as Historic England can “send shockwaves across the industry”
Criterion acquires historic first YMCA building
The YMCA approached Criterion after it chose to divest due to falling membership and rising costs
Business software company signs at 8 Bishopsgate
Access joins Stanhope, Banctrust Investment Bank and Bayerische Landesbank in City scheme
Vacancy rates near zero for new prime London offices
Recent large HQ deals have pushed availability down to the equivalent of eight months’ take-up
L&G and PGGM prepare for Senator House market return
Joint venture looks to attempt sale of City office block for the second time in a year
Obayashi and Sellar’s City tower set for approval
The 37-storey tower would deliver more than 500,000 sq ft of workspace to supply-starved City
Art and design school signs at Manchester’s Bridgewater House
Victoria College has taken a 16-year lease at the refurbished Whitworth Street office
Ares eyes Crown Estate office prelet
Private credit firm has been hunting for 70,000-80,000 sq ft
Insurance firm on the hunt for new office
Miller Insurance’s lease at 70 Mark Lane, EC3, ends in 2029
L&G gets thumbs up for west London shed
The move follows the firm’s acquisition in south London
New London office starts continue to fall despite life sciences boost
But “a renewed sense of positivity among developers” suggests it may not be for long
Lifestyle brand picks Spitalfields for office and flagship store
J.Lindeberg will use the workspace as a traditional office and client-facing showroom
W.RE boss puts flex in focus across London portfolio
The company has struck management agreements and leases with several operators
Shaftesbury buoyed by West End performance going into Christmas
Sales of £334m have strengthened the company’s coffers ahead of continued acquisitions
Plans for 46-storey PBSA tower in Wood Wharf to get thumbs up
Approval for the 912-bed scheme was subject to a site visit after a split vote
Elephant and Castle resi-led scheme set for approval
Fabrix plans nearly 300 student beds and 23 affordable homes
Trainline nears deal for new Midtown office
Company picks new HQ ahead of lease break in 2026
Harworth signs at Birmingham’s One Colmore Row
The real estate company will take the building’s seventh floor on a 10-year lease
AI company triples Shoreditch office space
Rapid growth has pushed PhysicsX to upsize after SXSW took its former space on assignment
CEG secures £64.5m loan for eight office-led sites
Loan from OakNorth will finance the company’s sites in London and the regions
PayPal set for transfer to new South Bank office
The move would see the company leave its shared base with eBay in Richmond after more than 17 years
SXSW signs for east London space ahead of debut European event
The festival organiser has taken 3,631 sq ft at the Rumi Foundation’s 67-71 Shoreditch High Street
Pinterest pins agents for London HQ search
Social media company has started the process ahead of a move in early 2026
Colliers’ London office team appoints director
Tim Williams has more than 30 years of experience in the market
Holborn office hits the market
The recently refurbished offices are single-let to engineering firm WSP
Grade-A office take-up exceeds pre-pandemic levels
Upward pressure on prime rents expected as supply stabilises and vacancy rates drop predicted
AlixPartners nears deal at One Millennium Bridge
Consultancy is under offer for almost 87,500 sq ft in 250,000 sq ft development
City of London Culture Mile reveals public realm strategy
The BID project will include expanded pedestrianisation, increased greening and more cultural space
Central London office vacancy rates fall
Markets show further signs of recovery as West End vacancy rates hit lowest since 2020
LaSalle IM’s vice chairman to retire
Jon Zehner will see out the end of the year before bringing his 40-year-plus career to a close
Pair of Camden offices set for approval
Together the two schemes would provide around 280,000 sq ft of office space
City of London’s highest tower hits highest rent
Brazilian bank sets new record at 22 Bishopsgate
One Canada Square change of use set for approval
Approval would see Canary Wharf tower lose almost 45,000 sq ft of office space
L&G beats competition to Sutton industrial estate
Institutional investors went head-to-head to snap up the asset as sector maintains momentum
Double deal leaves one floor available at Manchester’s Lexicon
The lettings add to Manchester’s growing momentum in a bumper year for office take-up
Flex operator Landmark doubles down on Grosvenor Street
New deal sees company bet on the continued popularity of the Mayfair flexible office market
OpenAI weighs options for post-Fora base
The company’s requirement is around 50,000 sq ft, but with potential to stretch up to 100,000 sq ft
Hackney office block up for approval
Council will vote on scheme later today
Cushman names new UK head of sustainability
Megan Such takes the reins four years after joining the firm as a sustainability consultant
X+why sets up shop in W.RE’s Arding & Hobbs building
Flex office firm will take the third floor in south London’s first purpose-built department store
Global Holdings Group sticks to value-add with Soho acquisition
Frith + Bateman is the latest acquisition in drive to capitalise on repositioning opportunities
