Posted by Paul Daniels, Partner
On 1 September 2016 Withy King LLP merged with Royds LLP. The trading name for the merged firm is Royds Withy King. All content produced prior to this date will remain in the name of the firms pre-merger.
Capital’s commercial property boom
Office space worth £7billion has changed hands in London this year, according to estate agents Savills.
There has been a frenzy of activity in the city’s commercial property market, with a shortage of premises continuing to push up prices.
The latest glut of mega deals in the capital will continue with the sale of the Broadgate Quarter, in the heart of the Square Mile. The site is expected to go under the hammer for £430million.
Other deals that have gone through recently including the sale of the world-famous Madame Tussauds building – bought by a Taiwanese investment firm for £332million – and the Walbrook office building, sold for more than £500million.
At Royds, our commercial property team are available to advise individuals and businesses on lettings, leases and all aspects of property transactions. For more information please visit or contact Gareth Williams or Bharat Nahar.