Industry News | EPS London | Page 4

Offices revealed to be more spacious at London developments than out of the capital

A new Occupier Density Study by the British Council for Offices (BCO) has revealed that businesses can now find more spacious commercial property inside London than elsewhere in the UK. The study particularly mentions the spacious work units that can be acquired in London and the South East. The commercial properties in these areas are […]

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Chinese insurance company buys the Lloyd’s building for £260m

The Lloyd’s building has changed ownership in a £260m deal, which saw the landmark property acquired by Chinese insurance company Ping An. Lloyd’s headquarters initially opened in 1986 and was designed by Lord Rogers. German asset management fund, Commerz Real previously owned the property, which they had bought for £231m in 2005, before a deal […]

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Ropemaker Place sold by British Land for £472 in fund raising programme

British Land has completed the sale of its Ropemaker Place development for £472 million amidst plans to raise funds for gross acquisition of City of London commercial property. The group aims to accumulate £1 billion in funds in order to add to their latest purchases of retail and office properties in London. Recent activity has […]

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