Here’s a wrap-up of some of the most popular stories on EG from the past week.
Aviva Capital Partners and developer Socius have appointed architecture and design practice Gensler to lead the design of their £1.2bn cancer research and treatment campus in Sutton, south London. The London Cancer Hub will consist of 1m sq ft of labs, R&D space, healthcare facilities and supporting accommodation and will be Gensler’s biggest science project in Europe.
Gensler to design £1.2bn Aviva-backed cancer hub
Office occupiers are finding new appeal in Farringdon, according to the team at tenant-only agency DeVono, pushing rents in the market up at a faster pace than any other part of London other than Mayfair.
Farringdon office rents rocket as big names move in
Cushman & Wakefield has agreed a deal to move its West End office to a Derwent scheme at 25 Baker Street, W1. The Baker Street location will replace 43-45 Portman Square as Cushman & Wakefield’s West End office from September 2025.
Cushman to relocate West End office
Office take-up in London’s Tech Belt leapt to a post-pandemic high during the start of the year, according to new figures from Avison Young. The firm tracked 668,000 sq ft of lettings during the first quarter, the best quarterly total since the third quarter of 2019 and more than two-thirds above the 10-year average.
Tech Belt tenants take London office deals to post-Covid high
Hammersmith & Fulham Council is set to approve a development and land swap agreement with Yoo Capital in relation to the development of 40 affordable homes adjacent to Shepherd’s Bush Market, W12.
Council to agree deal with Yoo Capital for Shepherd’s Bush Market homes
Other stories you might have missed:
Industrious takes flex against the grain
Have your say: Is real estate a welcoming sector for LGBTQ+ professionals?
Return to the office gives agencies reason for cheer
European real estate investment hits decade low
What the creative industries need to thrive and not just survive
ICG urges patience as it struggles to offload assets
Landsec completes £400m hotel portfolio sale
More than 580 towers ‘queued up’ for London’s skyline
For your listening pleasure from EG’s Property Podcasts:
Voice of the Region Live: West Midlands – Uneasy as EPC
Image from FTI Consulting/Aviva Capital Partners/Socius
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