Market Update Q1 2017

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Welcome to the first update of 2017, giving you an up-to-date view of the office, investment & development market west of the West End. Included in this issue: office supply, current rents, notable office sales, planning applications and consents.

Market Summary

In Q1 Lee Cooper Jeans strolled into Hammersmith taking 5,000 sq ft at The Aircraft Factory at £55 per sq ft. Firefly also expanded to take another 5,000 sq ft in the former Edwardian factory in Cambridge Grove. This leaves just 10,000 sq ft from a total of 77,000 sq ft.

Take-up of offices was 80,000 sq ft in Hammersmith and Fulham. If this quarterly rate continues or increases 2017 take-up should …

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Q1 HEADLINES
Great Western Studios Notting Hill, W2 extended by 22,000 sq ft

Due to the high demand of offices in Notting Hill two additional floors are being constructed at Great Western Studios that will be practically complete in June this year. The new third floor and Penthouse will have…

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NOTABLE SALES
WARWICK BUILDING

The 79,506 sq ft Warwick Building in Kensington Village was sold to…

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OLYMPIA CONFERENCE CENTRE

Just north of here, Capco sold its exhibitions business which includes the…

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VAUXHALL SQUARE :

Vauxhall Square in Nine Elms has sold to Chinese developer…

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PLANNING APPLICATION SUBMITTED FOR LANDMARK HOUSE & THAMES TOWER

Architects, Rogers Stirk & Harbour (formerly Richard Rogers) have applied for the demolition of the existing Landmark House and Thames Tower office…

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