Industry News - Commercial Property Law - London is home to 'the world's most expensive office properties'

03/07/2009
Redundancy law queries 'could continue to rise'
The number of people seeking redundancy law advice could remain high over the course of the year, new data from the Chartered Institute of Personnel and Development (CIPD) has indicated.

03/07/2009
Discrimination law ruling made by House of Lords
The House of Lords has made a ruling on disability discrimination that may impact divorce lawyers in London.

03/07/2009
Heiress wins in pre-nuptial divorce case
The Court of Appeal has ruled that a German heiress should not have to pay her ex-husband the £5.8 million decided in their divorce settlement because of the pre-nuptial agreement that had been signed beforehand.

02/07/2009
'Dual discrimination' employment law changes proposed
A new employment law has been proposed by the government that it wishes to make part of the equality bill.

02/07/2009
Right to appeal for ex-wife in divorce case
A woman has won the right to appeal against a judge's decision to make her pay £5 million to her ex-husband, whose finances have been hit by the economic downturn.

Industry News

01/12/2008
London is home to 'the world's most expensive office properties'

London's West End has been revealed to be the most costly office property market in the world.

The area maintained its leadership ahead of Moscow but research from CB Richard Ellis claims that falling rents and slowing rental growth rates could topple the area from the summit.

"Our current perceptions are greatly affected by the current economic malaise and we tend to forget how fast rents and occupancy costs were rising over the last 12 months," said Raymond Torto, global chief economist at CB Richard Ellis.

In its Global MarketView/Office Occupancy Costs survey, the firm found that tenants in London's West End typically paid $248.66 (£161.83) per square foot for office space during the year ended September 30th, Reuters reports.

Moscow was found to be the world's second most expensive office rental market, ahead of offices found in Abu Dubai.
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01/07/2009
NLA issues sale and rent back regulation warning
The National Landlords Association (NLA) has warned those in the sale and rent back (SRB) property market that there is just one month left for them to ask for the Financial Services Authority's permission to continue operating.

23/06/2009
Commercial property lawyers may be busier as revival predicted
The commercial property market in the UK is at the bottom, making now a good time to invest, it has been argued.

15/06/2009
Businesses 'at risk' of legal problems
A large proportion of small and medium businesses (SMEs) in the UK are vulnerable to the loss of a key employee, research has shown, something that may lead to problems such as insolvency.

12/06/2009
Time to seek property lawyer as London market hailed best?
London's commercial property market is one that has seen the price adjustment happen swiftly, it has been stated.

10/06/2009
Property law demand may rise as sector tipped to bounce back
Commercial property is likely to make a comeback in the next year as an investment asset, it has been predicted.

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