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

12/03/2010
Stonemason companies urged to adhere to personal injury employment law
Stonework companies in the London area have been urged to ensure they have appropriate health and safety measures in place to prevent personal injury in the workplace.

12/03/2010
Tribunal makes ruling on holiday leave pay
An employment tribunal has made a ruling which experts believe could open the floodgates for more claims from employees.

11/03/2010
Farmer's amended will overturned by judge's decision
A judge has made a ruling that will see the second will drawn up by an elderly farmer overturned in favour of an earlier document.

11/03/2010
Police female recruitment drive 'is discriminating against men'
A police drive to recruit more women could have a discriminatory effect on men, it has been claimed.

11/03/2010
Men 'are more likely to become insolvent than women'
New figures have revealed that men are more likely to require the use of an insolvency lawyer than women.

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.
ADNFCR-1805-ID-18904279-ADNFCR

10/03/2010
UK commercial property 'is looking increasingly attractive'
A large proportion of commercial property investors plan to increase their portfolio during 2010, new research has found.

08/03/2010
Insurance 'still essential for vacant commercial properties'
Investors building up a business or currently in the process of seeking tenants for their commercial property have been warned that they must have a valid insurance policy in place in the meantime.

04/02/2010
Investors 'are returning to commercial property market'
Investment in the commercial property sector across the UK and Europe is set to increase over the coming year, according to the Royal Institution of Chartered Surveyors.

03/02/2010
Demand for London commercial property 'on the rise'
London commercial property investors are to experience rising demand for office space rentals in the coming months, according to a new report.

02/02/2010
London commercial property 'becoming more attractive'
Commercial property in London is becoming increasingly attractive to investors during the current upturn in the market, according to research.

News Archive

News Category

Commercial Property Law

Company and Commercial Law

Litigation and Dispute Resolution

Private Client