Over-served or undersupplied?

Article Abstract:

The number of operators in the serviced office market has increased, with 33 firms in London, England. The average cost of office space in the West End of London is around 30-50 pounds sterling per sq ft compared to a serviced office which costs between 64-176 pounds sterling per sq ft. The increasing competition in the market is likely to bring prices down. The major firms in the market are MWB Business Exchange, HQ UK and the largest is Regus, which is due to be floated on the London Stock Exchange. Some observers have suggested the industry often fails to reveal all the extra charges.

United Kingdom, Management, Facility management industry, Facilities management services, Regus PLC

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Taking stock of Camden Lock

Article Abstract:

One of the most important retail property developments of recent years in the London borough of Camden is a 30 million pounds sterling scheme to build a 220-room hotel on Suffolk Wharf. The 1,858 sq mt development will include restaurants and shops. Plans are also in place for a 10 million pounds sterling mixed development, including retail and residential. Both retail and office sector rental rates in the area are set to continue rising. An overview of the commercial property sector in Camden, Islington and Haringey is presented.

Commercial Buildings, Nonresidential building operators, Lessors of Nonresidential Bldgs, Lessors of Nonresidential Buildings (except Miniwarehouses), Commercial construction, Commercial building landlords, Suburbs, Industrial property, Industrial property rights

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On track for progress?

Article Abstract:

Local agents suggest demand for office space in Victoria, London, England will remain strong although there is some concern very few new buildings are coming onto the market.

Forecasts and trends, Real estate agents, Real estate agents and brokers

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