24.1.12 Big schemes hide tight underlying Southbank market

The majority of occupiers will face little choice on Southbank. The availability rate has fallen to 4.1%, the lowest in Central London. Total take-up on Southbank reached 872,000 sq ft in 2011, up 33% on 2010. There were no completions of new space in Q4 2011 and only one start, 25,000 sq ft at 102-107 Blackfriars Road. This and 50,000 sq ft at The Harlequin Building, 65 Southwark Street, are the only other large, stand-alone buildings that will be delivered in 2012 outside of London Bridge Quarter. more

13.1.12 London Southbank’s Office Investment market to be analysed for the first time

Farebrother & IPD will work together to publish the first analysis of London Southbank’s Office Investment market from May. The annual Reports will benchmark funds’ Investment performance across more than 40 Southbank assets, including Income Return and Yield Impact as well as Capital and Rental Growth. The Reports, published alongside Farebrother’s Southbank Quarterly Leasing Market data, will provide the only comprehensive analysis of this tightening Central London market. more

5.1.12 Availability in Midtown lower than City or West End

The amount of available office space in Midtown fell the furthest in Central London in 2011 and remains the lowest, as take-up reached pre-recession levels. The amount of available space in Midtown fell 2.7 pt to 5.2% (1.9m sq ft), deeper and further than the West End, which fell 1.1 pt to 7.3% (5m sq ft) and the City where supply rose 0.9 pt to 12.0% (9.4m sq ft). more

15.12.11 Farebrother Office and Retail Deals - November

Including 25,000 sq ft at 1 Kingsway, WC2, to John Laing, 21,000 sq ft at 20 Lincoln's Inn Fields, WC2, to Farrer & Co, 9,500 sq ft at Dorset House, SE1, to The Carbon Trust and 1,000 sq ft at 38 Lamb's Conduit Street, WC1, to Bailey Clothing. more

Please contact Lizzie Cave on 020 7855 3531 for further details.

16.11.11 Farebrother Office and Retail Deals - October

Including 6,500 sq ft at Layden House, EC1, to Western & Oriental Travel, 5,610 sq ft at 70 Gray's Inn Road, WC1, to Hanover Communication, acquisition of 2 Bedford Street, Covent Garden, WC2, for Tutti Frutti and disposal of 44 Old Bond Street, Mayfair, W1S to Maxim Voznesensky. more

Please contact Lizzie Cave on 020 7855 3531 for further details.

New Quarterly Southbank Research Breakfast Briefing

Office take-up on Southbank hit a four-year high in Q3. Previously, take-up had been driven by major lettings on large developments but with only one significant stand-alone scheme underway outside London Bridge Quarter, will 2012 be a year of more deals, but on smaller units?

We're pleased to invite you to our Southbank Breakfast Briefing for Q4 2011 which will contain our forecasts for 2012, kindly hosted by Laytons in their new offices.

Date: Tuesday 24th January 2012

Time: 8.00 am to 9:30 am

Venue: Laytons, 2 More London Riverside, London, SE1 2AP

Places are limited. Please contact Lizzie Cave on 020 7855 3531 for further details or to arrange a presentation at your offices at a time to suit you.