Wed, 03 Nov 2010 | COMMERCIAL PROPERTY
As economic conditions continue to improve and companies create job openings, demand for prime office space in London will increase ever further.
There is already strong demand for offices within the West End and the City and, with more and more companies located in the Square Mile employing new staff, the commercial property sector could see much improvement.
A lack of new commercial properties coming onto the market has led to an imbalance in the supply/demand ratio and, with the economic recovery set to keep moving forward, the shortage of space is predicted to become serious.
New figures from financial services advisory firm, Astbury Marsden, have revealed that the number of new jobs created in the City has risen by 2.5 per cent in September month-on-month and companies are hunting for ways to entice new, experienced banking staff, such as offering improved bonus payouts.
Jonathan Nicholson, managing director at Astbury Marsden, said, "Banks are now prepared to buy out 100 per cent of a potential employee's shares or options they have locked up with their current employer."
The Jones Lang LaSalle Office Rental Index also showed recently that office developments located in prime London sites are charging ever increasing rents, with the average rental rising consistently quarter on quarter.
Specialises in the installation of patios, paving and driveways, as well as providing comprehensive groundworks for commercial, industrial and private clients excellent reputation as a provider of high-quality services, resulting in a continual strea...
LEASEHOLD
Provides a wealth of facilities management services, supported by a self-delivery model that utilises industryl eading CAFM software to give clients live updates. A multi-accredited company with an exceptional industry reputation. Caters to seven act...
LEASEHOLD
Precision engineering company manufacturing fasteners' (nuts & bolts) in special hard to obtain alloy metals, in a niche market sector.
FREEHOLD
12
|
Aug
|
Aviva to complete Succession acquisition and support further consolidation | BUSINESS SALE
Aviva is poised to complete its acquisition of wealth manage...
11
|
Aug
|
Flotek acquires Swansea-based legal and professional services IT provider | BUSINESS SALE
IT and Managed Service Provider (MSP) Flotek has acquired Sw...
10
|
Aug
|
Nursing homes operator targets more acquisitions with new funding | BUSINESS SALE
Churchlake Care, a national provider of residential and nurs...
Sign up to receive our acquisition alert emails to get your FREE guide
12
|
Aug
|
Aviva to complete Succession acquisition and support further consolidation | BUSINESS SALE
Aviva is poised to complete its acquisition of wealth manage...
11
|
Aug
|
Flotek acquires Swansea-based legal and professional services IT provider | BUSINESS SALE
IT and Managed Service Provider (MSP) Flotek has acquired Sw...
10
|
Aug
|
Nursing homes operator targets more acquisitions with new funding | BUSINESS SALE
Churchlake Care, a national provider of residential and nurs...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources