5 Office Space Hotspots in Washington D.C.
Washington D.C., one of the most vibrant cities in the U.S., combines the excitement of high level government activities with abundant business opportunities. The business centres in this location for both young professionals and seasoned politicians, provide a strategic location for a variety of enterprises. The close access to U.S. government offices, diversity of business [...]
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1. May 2009
Leeds commercial office market in 2009
The Leeds commercial office market was one of the few UK areas which haven’t seen a great overall weakening in 2008 of demand and take up for office space. Thanks to the high level of take ups for commercial offices in the previous year, especially at the beginning of 2008, the number of rents in Leeds [...]
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28. April 2009
Dallas/Fort Worth Office Market still seeing a rental growth in Q1FY09
According to a recent Office Market trends report published by Grubb and Ellis, the Dallas/ Fort Worth metro area is one of the few places in the USA which has seen a positive growth in office market leasing in the first quarter of the year. The report explains the market stayed generally stable and the majority [...]
Continue reading...2. July 2009
OREGA CREATES A BUZZ WITH THE BEEHIVE
Expanding serviced office provider Orega has this month opened a new 22,000 sq ft business centre in The Beehive next to Gatwick Airport in Crawley, West Sussex. The iconic art deco building, which was the original airport terminal, has been taken by Orega on a new 10-year joint venture management agreement with the [...]
Continue reading...26. June 2009
Fair value in City but gloom to stay
City offices have reached fair value and the West End market will follow in the second half of this year, DTZ said this week. However, the agent also warned that there was no “near-term end to the market’s misery”. Its annual Money into property report, published on Monday, showed for the first time in its 34-year [...]
Continue reading...26. June 2009
Workspace and Glebe aim to refinance joint venture
WORKSPACE GROUP IN TALKS to refinance its 1.2m sq ft development joint venture with David Philips’ Glebe. The London business space provider admitted on Monday in its annual results that the joint venture’s £134m drawn debt from Bank of Scotland Corporate was more than the value of £129.6m value of its properties as [...]
Continue reading...30. April 2009
Virtual Office Company, Davinci Virtual, ‘Lends an Ear’ to Autism Trust National Campaign
LONDON–(Marketwire - April 28, 2009) - Leading virtual office solutions provider, Davinci Virtual, has partnered with the Autism Trust to provide the telecommunications support for the charity’s £500,000 national campaign running throughout April. The campaign calls on the government to provide more support and assistance to families affected by Autism. The Autism Trust has been [...]
Continue reading...12. February 2009
Large leases brighten the Manhattan picture
While leasing activity slowed in Manhattan, New York, during 2008, large leases continued to be completed, according to Cushman & Wakefield (C&W). Last year, 32 leases of more than 10.000 sq m were signed, compared to 30 such leases in 2007. Leases of more than 10.000 sq m accounted for nearly 35% of all leasing activity [...]
Continue reading...12. February 2009
Heaviest snowfall in 18 years cripples UK businesses
Britain was hit by the heaviest snowfall in 18 years this week, exposing the country’s transport network’s inability to cope with adverse weather and costing the UK economy an estimated £1.2bn a day. The south-east of the country was the hardest hit by the winter conditions. All of London’s buses were taken off the roads, [...]
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26. June 2009
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