Serviced Office Space News

Planning permission for Wakefield civic offices

Permission for a new civic office development in Wakefield has been granted this week, promising £50 million woth of regeneration for the city.

The building is one of a number of projects scheduled by the Merchant Gate regeneration scheme that is hoping to change the face of West Yorkshire. The area is looking to develop a specially designed business quarter that will sit alongside retail space.

Artist’s impressions have been released outlining the design for the proposed build in the city centre, but the scheme has been issued reserved matters approval pending aesthetic design features, layout, scale and landscaping. Plans will be for a four-storey office building situated opposite the County Hall on Burton Street.

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Paribas Real Estate establish new headquarters at 5 Aldermanbury Square

Commercial real estate company BNP Paribas Real Estate have upped and moved their headquarters from 90 Chancery Lane to 5 Aldermanbury Square.

Their new City of London location is an 18-storey commercial office development formerly occupied by Richard Seifert’s 1960s Royex House.

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Milk gets the cream of free office space initiative

A cutting-edge European digital media specialist has been one of the first companies to open a Manchester office thanks to a new public and private initiative.

Milk have taken 12 months of free office space in a soft landings venture set up by the Northwest Regional Development Agency and a host of partner companies including the Manchester Investment Development Agency Service (MIDAS).

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Matterhorn Palos make £20m Newcastle investment

Two listed multi-use sites in Newcastle have been purchased in a joint real estate venture by Matterhorn Palos Partnership for £19.75 million. The deal has garnered a net yield of 8.5%.

This follows other acquisitions earlier this month for the co-venture between Simon Conway, Brett Palos and Anthony Lyons, having previously bought hospital sites from Quintain and Aviva Investors Quercas.

The buildings on the site in Newcastle city centre total 90,000 sq ft of development space and are currently let to various retail, office and leisure tenants.  Grant Thornton, Barclays Bank, 20:20 Optical, Moben Kitchens, Costa Coffee and Vidal Sassoon occupy Barclays House and Earl Grey House .

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Avanta really is a great place to work

Avanta Managed Offices has proven to be a great place to work according to the Sunday Times newspaper, which has ranked the company as one of the 100 Best Small Company to Work For in its 2010 awards.

This year marks the completion of the 10th Sunday Times Best Companies to Work For lists, which have been derived from entries by 964 companies across the UK. In total, the organisers surveyed over 230,000 employee opinions and carried out an evaluation of each organisation’s key statistics, processes and policies.

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CentreCharge 2010 speeds up deal closures

Sales of RJmetis’s CentreCharge 2010 billing and enquiry management software are going strong since its release in January this year, with customers indicating new features such as the licence approval process as critical in speeding up deal closures.

This new feature enables draft licences to be emailed to regional managers and approved directly from mobile devices such as the Blackberry, avoiding delays in concluding agreements with prospective clients.

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Pinsent Masons consolidate firm in new London offices

Pinsent Masons LLP have sealed the deal on 197,000 sq ft of prime London office space at Greycoat’s 30 Crown Place. The international legal firm will consolidate their staff in the modern 16-storey building in EC2.

The move will ensure that 30 Crown Place is the largest of all the company’s international offices with 600 London-based employees expected to be consolidated in the new property by 2011.

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Speculative Glasgow office park accumulates tenants

A 756,000 sq ft office campus outside Glasgow has welcomed its first prospective tenant to the development.

Maxim office park is located near the M8 and is currently the UK’s biggest speculatively built office development.

The first of the new tenants to sign up to the scheme are global asset management consultancy Currie & Brown, who have already leased 12,000 sq ft of office space.

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