The latest figures suggest that transactions for City of London office space have reached a value of £443.4m, this is almost double the 2017 total of £296.2m.
There was a total of six deals which were done for commercial offices in the City of London in January. British investors accounted for half of these with international investors – primarily based in Asia – accounted for the other half.
There has also been an increase in new instructions in the City of London area since the start of the year, with £1.7bn in assets coming to the market since January.
In the City of London, there are currently around £2.7bn worth of properties which are currently under offer and about £500m of these have gone under offer from the beginning of January onwards.
This shows that the London office market remains vibrant and dynamic, despite fears that the uncertainty surrounding Brexit would quell demand from companies looking to base themselves in London.
Paignton Investment Property Sold By RIB Team
We are delighted to announce that we have successfully sold an investment property located in Paignton, Devon. Paignton is an affluent seaside town located in the southwest, forming part of the English Riviera along with Torquay and Brixham. It is located approximately 24 miles south west of Exeter, 3 miles south of Torquay, and 29
What is the Difference Between Types of Office Fit Out?
Fitting out an office space is the process by which the internal space is made suitable for the tenant’s occupation. It includes the installation of any of any facilities such as a kitchen or bathroom as well as creating meeting rooms, work stations, breakout areas, and raising the flooring. Many new office lettings are provided
RIB Up for Four Awards at Prestigious RESI Awards
The prestigious event hosted by Property Week Magazine is one of the premier events in the residential property calendar. Our Residential Lettings Department are up for two categories. The first of these is the award for Letting Agency of the Year. As a company which prides itself on customer service, we were delighted to have