Morgan Pryce, the London-based commercial tenant acquisition agency, has secured office space in Southwark for Deerns Consulting Engineers as part of the company’s move into London.  The first floor, comprising approximately 3,000 square feet of Pentagon House at 52-54 Southwark Street, was acquired for Deerns Consulting Engineers by Tom Lax, Senior Surveyor at Morgan Pryce. 

Covent Garden has long been a desirable area in the West End, with prime rents currently around £55 per square foot. Morgan Pryce, the London commercial property agent, is well aware of the continuing requirement for office space in Covent Garden. 

Serviced office provider Ventia has added the desirable location of Thirty-six Soho Square, W1, to its ever-expanding portfolio of offices. This latest acquisition is hot on the heels of Ventia’s acquisition of Seven Henrietta Street and is its ninth office space in Central London. 

The building, known as the “Walkie Talkie” due to its shape, is due to open in 2014 will be among the tallest and the most striking buildings in the capital. The construction work will be carried out by Britain’s biggest property developer, Land Securities.  This is the second high-value project that has been given the go ahead in the Square Mile, and comes after the UK recorded its highest growth in many years – a sign that confidence is returning to the City. 

Morgan Pryce, London’s commercial property agent, understands that the 25-hectare site will include retail and commercial space as well as a 200-bed hotel and 2,491 homes. 

Morgan Pryce, the London-based office acquisition agent, believes development of office space in Shoreditch will show no let-up. With the finance sector struggling, causing demand for office space in the City to fall, developers and landlords are looking towards alternative and growing business sectors. 

Progress on an ambitious development which has been under way on Bishopsgate, and which will eventually house offices in Liverpool Street, has been slowing down. Experts at Morgan Pryce, the London-based property agent, believe that one factor contributing to this slowdown is that the demand for offices in Liverpool Street is still not high enough to ensure the success of developments such as this.  

Many British companies remain pessimistic about their future but Morgan Pryce, London’s commercial property agent, has noticed that many Europeans are still coming into the capital. The West End is currently the “hot spot” for foreign investment but offices in Mayfair are still the most sought after. 

Morgan Pryce, the London-based tenant acquisition agency, has secured part of the 4th floor at Queens House, 55-56 Lincoln’s Inn Fields for Qualitas, the full-service IT company. The recently refurbished offices in Holborn benefit from striking views over The Fields, creating a truly stunning working environment. 

It has become increasingly obvious to Morgan Pryce, the London commercial property agent, that the kind of tenants being attracted to offices in the City has started to change. Offices in Bank and the City are now starting to tempt the technology and media industry rather than the major banks for which the City is traditionally known.