Industry News | EPS London | Page 2

London the most expensive place in the world to rent office space for third year in a row

London’s West End continues to be the most expensive area to rent office space in the world. These findings were released by Cushman & Wakefield – leading consultants in the field of commercial property. In their annual report, the consultancy noted the steady growth of the capital’s rental prices. 2014 has seen the West End […]

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Commercial property market in London close to 2007’s peak

The commercial property market in Central London has reached a high point and is now close to its last peak in 2007, prior to the financial crisis. Property consultancy, Cushman & Wakefield has released a report that marks the investment in the capital’s commercial property at a level of £20.5 billion in 2014. This is […]

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The Gherkin building sold to Brazilian businessman Joseph Safra for £726 million

The past few weeks have seen London rake in a number of high-profile transactions due to its skyline properties changing ownership. Perhaps the most notable activity was the deal which saw the Safra Group and its Brazilian billionaire owner, Joseph Safra, purchase the world famous Gherkin on Monday 10th November for £726 million. Canadian fund […]

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