On the bright side
Office statistics for the quadrant may look depressing, but stock in the industrial market is starting to shift. Simon Jack reports
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Vacant space on the increase in the City
Empty office space in the City of London rose more than 10% during Q1, according to the latest research from NB Real Estate.
Westminster backs 1.8m sq ft Merchant Square scheme
The first phase of the 1.8m sq ft Merchant Square development in Paddington has received the green light from Westminster council.
West End/Midtown offices top IPD index in 2006
West End and Midtown offices were the top performing sector in the IPD index last year. According to the IPD quarterly index – which is based on a £122bn sample of 8,003 properties – West End and Midtown offices generated a 31.9% total return over the calendar year, with rental values rising by 14.5%.
