News

19.01.10 Farebrother December 09 Midtown office and retail deals

Including 24/26 West Street, WC2 to URBN, 76 Shoe Lane, EC4, to Healys, 6 St Andrew Street, EC4, to Pinnacle Housing and 97/107 Southampton Row, WC1, to Ginseng Ltd. more

11.01.10 Take-up in Midtown rises 40%, supply falls for the first time in two years

Office take-up in Midtown in Q4 09 rose 40% on Q3 from 480,000 to 674,000 sq ft driven by deals on new and newly refurbished space such as 272 High Holborn and 40 Holborn Viaduct, according to our latest Midtown research. The availability rate also fell for the first time in two years by 0.9% points to 10.2% or 4.3m sq ft and is again at a rate lower than City (13.9% or 9.4m sq ft) or West End markets (10.5% or 7.2m sq ft). more

06.01.10 Bedford Estates and Threadneedle seal Heal’s deal

The Bedford Estates and Threadneedle Pensions Ltd. have consolidated their positions in Tottenham Court Road, London. Bedford has extended its existing freehold ownership of part of the iconic Heal’s Building by acquiring the adjoining freehold from Threadneedle, together with the freehold of 257/258 Tottenham Court Road and 1 Bedford Avenue. In return, Threadneedle has been granted a 150 year geared lease over the combined interests at Heal’s. more

22.12.09 Farebrother November 09 Midtown office and retail deals

Including 75,000 sq ft at 272 High Holborn, WC1, to University of the Arts London, 12,600 sq ft at New Court, WC2, to London School of Economics and retail unit 19 Lancaster Place, WC2, to Break Point at £60 psf. more

09.12.09 Farebrother win Freemasons' Property Management Contract

Farebrother has won a two year contract to manage the historic New Connaught Rooms, nine offices, eight retail and six residential units on Great Queen Street, Covent Garden, on behalf of the United Grand Lodge of England. more

08.12.09 Building and Project Consultancy services launched

Farebrother now offer Building Surveying and Project Management services, following a partnership agreement with Paragon LLP. The buildings services disciplines that Paragon provide will assist us in supporting our clients’ needs and include project management, contract administration, design services, cost consultancy, dilapidations, EPCs, cdm coordination and project monitoring (including monitoring services for funders/purchasers/tenants). more

26.11.09 First London Midtown IPD Investment Report to be published

Farebrother and IPD are to jointly publish Annual and Mid-Year investment performance reports on the London Midtown market for the next three years. This is the first time that IPD Indexed Midtown properties – around 110 assets worth £1.55 bn – will have been segregated from statistics for direct investment comparison with City, West End, Central London and UK markets. more

10.11.09 Farebrother October 09 Midtown office and retail deals

Including 27,500 sq ft at Weston House, 246 High Holborn, WC1, to Breakthrough Breast Cancer, ECUK and ETB, 5,255 sq ft at 12 Gough Square, EC4, to Sayers Butterworth LLP and 3,342 sq ft retail at 1-2 Adelaide Street, WC2, to Jigsaw on behalf of Telereal Trillium. more

06.11.09 Southbank faces office supply shortage

With only 3% of the 1.1 million sq ft of offices under construction in Southbank due to come to the market over the next two years, occupiers will have to leave Southbank, Farebrother’s latest research shows. more

28.10.09 Farebrother head Q3 09 Midtown Agents' league

EGi's Q3 London Offices Analysis shows Farebrother at the top of the Midtown Agents' league having disposed of 29% of all space, 94,068 sq ft in 17 deals. The Practice is currently in sixth place in the 2009 Central London league for total number of deals done, with 64 deals. Farebrother's largest deal in Q3 was at New Court, 45-48 Carey Street, WC2. Full Report

14.10.09 More lettings at Lynton House

Medical Research Council Technology Limited (MRCTL) is the latest tenant to take one of the last remaining floors at Lynton House, 7-12 Tavistock Square WC1. The lower ground floor comprising 8,950 sq ft has also just been let to BSG Valentine who have taken a new 10 year lease at a rent of £22.50 per sq ft. more

10.10.09 Acquisition wins British Council for Offices' 'best of the best' award

Offices acquired for Farebrother clients the Esmée Fairbairn Foundation, have won the top award at this week's BCO National Awards. Parabola Land's King's Place, 90 York Way, N1, was named 'Best of the Best' having already carried off the award for the best Commercial Workplace in the country. Farebrother successfully acquired close to 8,500 sq ft in the building late last year after an extensive search for this leading charitable Foundation.

07.10.09 Farebrother September 09 Midtown office Deals

Including Harmsworth House, 13-15 Bouverie Street, EC4, to Geo Networks, Thavies Inn House, 3-4 Holborn Circus, EC1, to Webster Dixon and 5 Bream's Buildings, EC4, to SCN Ltd. more

05.10.09 Rating Revaluation 2010 - Making the complicated look simple

Farebrother's Rating specialists will be providing road-maps to potential Rates savings in a breakfast presentation to the Midtown Business Club on 26th November 2009. more

23.09.09 Q3 09 Midtown Office & Retail Research Breakfast Briefings

Dates have been announced for our next roundtable discussion for developers, investors, landlords and tenants on the latest market analysis from Farebrother Research. more

07.09.09 Farebrother August 09 Midtown office Deals

Including New Court, Carey Street, WC2, to London School of Economics, 95 Aldwych, WC2, to Hills McGlynn, 6 St Andrew Street, EC4, to Arcus and Corinthian House, 279 Tottenham Court Road, W1 to Pearl & Dean. more

11.08.09 Farebrother July 09 Midtown office Deals

Including Weston House, 246 High Holborn, WC1 to UPP, Kean House, 6-10 Kean Street, WC2, to Chanel Advisor and St Bartholomew House, 90-94 Fleet Street, EC4, to Advicorp. more

10.08.09 Farebrother top Q2 09 Midtown Agents' league

EGi's Q2 London Offices Analysis shows Farebrother at the top of the Midtown Agents' league having disposed of 49% of all space let in 22 deals, performance which took the Practice to fourth place in the 2009 Central London league for total number of deals done, with 46 deals. By square footage let across London in Q2, Farebrother took sixth place, with 166,958 sq ft. Farebrother's largest deal was at 50-52 Chancery Lane, WC2, where Russell Jones & Walker took 28,500 sq ft. Full report

16.07.09 Farebrother June 09 Midtown London Office and Retail Lettings

Including 2nd, 3rd, 4th, 5th, 6th and 7th Floors, Buchanan House, 30 Holborn, EC1, to Cityspace, London School of Business & Finance, QCC, Global Witness and Sopexa and 12, Gough Sqaure, EC4, to Blueprint. more

13.07.09 Midtown Office take-up increases by 18 percent

Midtown office take-up increased by 18% to 567,000 sq ft in Q2 09, driven by a doubling of deals on secondhand Grade A space for local occupiers, including Russell Jones & Walker, the London School of Economics and anti-piracy specialists Maritime & Underwater Security Consultants. more

23.06.09 Q2 09 Midtown Office & Retail Research Breakfast Briefings

Dates have been announced for our next roundtable discussion for developers, investors, landlords and tenants on the latest market analysis from Farebrother Research. more

11.06.09 Farebrother May 09 Midtown London Office and Retail Lettings

Including Carter Ruck and Equity Trust at 6 St Andrew Street, EC4, Skills for Health at Lynton House, 7-12 Tavistock Square, WC1, Wilsons Solicitors and Rapisardi at 3-4 Lincoln's Inn Fields, WC2 and Costa at 8 Adelaide Street, WC2. more

09.06.09 NHS Agency relocates to London Midtown

Skills for Health is the latest tenant to take space at Lynton House, 7-12 Tavistock Square, WC1, relocating its headquarters in Bristol to London. The UK wide organisation, operated by Bristol NHS Foundation Trust, is responsible for supporting and promoting skills development and training in the health sector. more

08.06.09 Midtown shops fail to attract well-paid office workers

A new Farebrother Research Report for developers and retailers, ‘The Where & Why Guide to Midtown Retail’, reveals that as few as one-in-three of the 250,000 local office workers - a total equal in size to the entire population of Nottingham - spend their weekly budget for clothes, meals or the gym on Midtown’s main streets. more

20.05.09 inholborn consults on BID area expansion

Having established a strong presence in the area, inholborn is exploring how it might add further value to Midtown by including the area to the west, towards St. Giles Circus. Currently this area lacks identity and quality retail, has significant infrastructure issues and would benefit from the regeneration a business-led initiative could bring. more

11.05.09 Maritime security specialists expand in Midtown

Acting on behalf of a private client, Farebrother has let 6 Bell Yard, WC2, to international security firm Maritime and Underwater Security Consultants (MUSC) for their new global HQ. MUSC is expanding from its current home on Victoria Embankment to meet new demand from government and commercial clients for anti-piracy, ship, cable, pipeline and border security advice services. more

08.05.09 Farebrother April 09 Midtown London Office Lettings

Including 50-52 Chancery Lane, WC2 to Russell Jones & Walker, Peninsula House, EC3R to Plexus Law and 6 Bell Yard, WC2 to Maritime & Underwater Security Consultants. more

05.05.09 Farebrother continue to lead Agents' league

Farebrother topped CoStar Focus's Agents' League Report for sq ft let in Midtown during Q1 09, completing 15 deals totalling 87,339 sq ft. more

05.05.09 EGi declare Farebrother top of the agents' league

EGi's latest quarterly London Offices Analysis shows Farebrother as having the greatest share of the Midtown disposals market. more

29.04.09 Prestbury secure early letting

Advised by Farebrother, Prestbury Investment Holdings has let the refurbished fifth floor (6,000 sq ft) at 6 St Andrew Street, EC4, less than four weeks after launch in March. more

28.04.09 Demand from local businesses and the media sector boost Midtown office market

Nearly two-thirds of demand for Midtown office space is from Midtown occupiers, up 9% on Q4 2008 figures, according to Farebrother’s latest quarterly research. Quarterly take-up of Midtown office space exceeds both City and West End markets. more

27.04.09 New Midtown HQ for leading legal rights solicitors

Solicitors Russell Jones & Walker, who has over 45 partners in 9 offices across the UK, has taken over 28,000 sq ft on a 10 year lease at 50-52 Chancery Lane, WC2 on confidential terms as its new London HQ. more

17.04.09 Farebrother March 09 Midtown London Office Lettings

Including 75 High Holborn, WC1 to British Horceracing Authority & The Jockey Club, Brettenham House, WC2 to ECI Partners & BVCA and One New Oxford Street, WC1 to Reef TV. more

16.04.09 Conquest House pre-letting Breakfast to help 2,000 children combat Malaria

GMS Estates will be donating £30 for each of the invited agents that attend its St George’s Day Breakfast Launch of Conquest House on John Street in Bloomsbury, WC1 from 8 am on 23rd April 2009, and raise over £2,000 for the Malaria Consortium. more

15.04.09 The Bedford Estates buys Time Out HQ for £14.11m

The Bedford Estates, advised by Farebrother, has today completed the purchase of the freehold interest in 251-256 Tottenham Court Road, WC1 from British Land for £14.1125m. The property comprises 28,000 sq ft of offices let to Time Out Magazines until 09/2018 and two prime retail units totaling 5,500 sq ft. more

14.04.09 Midtown office market outperforms City and West End in Q1 09

Take-up of Midtown office space exceeded both City & West End markets in Q1 09. In relative terms, Midtown returned 50% take-up over its share of total Central London stock. more

25.03.09 Small World : Farebrother launches Alumni network

Did you used to work for Farebrother? We are looking to make contact with former colleagues in order to invite them to a reception in June to celebrate our 210th Anniversary and help launch our Alumni network. more

23.03.09 Q1 09 Research Breakfast Briefings

Dates for our next roundtable discussion for developers, investors, landlords and tenants on the latest Midtown office market analysis from Farebrother Research. more

19.03.09 Business as usual

We are pleased to confirm that Farebrother's office at 27 Bream's Buildings opened for business as usual this morning following yesterday's fire at Field House, although access is currently restricted to our Greystoke Place / Fetter Lane entrance.

19.03.09 Chancery Lane Enhancement Scheme Exhibition opens

Details of a creative scheme to improve the streetscape in and around Chancery Lane were unveiled today at 48 Chancery Lane. The consultation runs until 17.04.09. more

06.03.09 Farebrother February 09 Midtown London Office & Retail Lettings

Including 28 Britannia Street, WC1 to Austin Smith:Lord, Ivybridge House, WC2 to Intelligent Addressing Ltd and 75 High Holborn, WC1 to Flight Centre. more

19.02.09 600 seek retail therapy

With two weeks until it closes, 600 people have already registered their views on improving retail in Midtown in a unique survey. more

17.02.09 Farebrother No 1 in Midtown

Farebrother has topped 2008 Agents league table for Midtown with a 21% share of the market, according to EGi’s latest London Offices Market Analysis. Farebrother let a total of 268,862 sq ft in 39 deals, 25 more than our nearest rival. more

16.02.09 Leading international software company signs lease in Bloomsbury

Emailvision (UK) Ltd, the French-owned market leader in email management software for the e-commerce and publishing sectors, is the latest occupier to take space at Lynton House in the heart of Bloomsbury. 50,000 sq ft has now been let in the recently refurbished building. more

09.02.09 Discover Midtown Guide available

A unique insight into Midtown business life, this new book has been published by developer Castlethorn and Farebrother. Fashonista, Media and Professional services firms such as Alexander McQueen, Mediacomm and Deloitte discuss their location needs, alongside an overview of the history, attractions and strong transport links that exemplify Midtown: the silver, diamond and jewellery trades, its role at the heart of the Country's legal establishment and award-winning restaurants, bars and gyms. more

09.02.09 Midtown market moving faster than we have ever seen