June 29, 2015

Capital’s commercial property boom

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.

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