Morgan Pryce, the commercial property acquisition specialist, has noticed a higher than usual demand for small office space in Mayfair due to increased demand from Serviced Office tennants looking to relocate to conventional space.

Zog Group has recently obtained the approval to develop a 650,000 sq ft mixed-use construction on the eastern-fringe of the Capital next to the Tower Bridge. Zog have big plans for their newest proposal, the construction will feature a staggering 350 flats and a 236-bed hotel, a 33-bed apart-hotel, along with 31,000 sq ft of commercial space, on Royal Mint street.

The tech giant has recently unveiled the location of their newest Central London offices, the building for the engineer’s sector of Google covers three floors in a construction in Victoria.

The prestigious area of Chelsea is renowned for its stunning buildings coupled with its extremely high-status reputation of affluence. Along with this Chelsea boasts the highest quality of local amenities such as the likes of Sloane Square and the exquisite Chelsea embankment, and home to the cultural gems Saatchi Gallery and the Royal Court Theatre. As a result of Chelsea’s high status and beautiful surroundings, it is increasingly becoming a prime area of choice, here at Morgan Pryce are currently offering stunning office space in the heart of Chelsea Harbour.

London has long been the City of utmost desire, and it comes as no surprise that not only London’s office space, but also the residential properties are in high demand and set to rise further, particularly from Middle Eastern buyers. The areas of prime interest for the Middle Eastern countries are areas such as Bayswater, Marylebone, Regents Park and Hyde Park.

Lively and vibrant construction Central Saint Giles designed by the Italian architect Renzo Piano, who is also responsible for the London Shard Tower, has now been fully let as the Google team expands and moves into their new offices in the development. The colossal tech company is currently occupying the whole of the fourth, fifth and ninth floors, and partially occupying the third and sixth floors, totalling 160,000ft2 of the building. Google are now neighbours to other compatible media companies in the industry such as Mindshare and Universal Pictures.

Since the early 1980’s the quirky area of Soho has become a predominantly fashionable division comprising of many trendy upmarket restaurants, bars and media offices which favours Soho as an increasingly popular area when it comes to commercial office space.

Commercial property agents dealing with shiny City of London office buildings have had little to talk about in recent months with letting activity down in the square mile. But at last a headline grabbing deal has come along in the form of AON committing to office space in the Cheesegrater on Leadenhall Street, London EC3. Like all large prelet deals in the City they take time and this one is no exception. AON have been building up to this moment for around 10 years and it’s no surprise that British Land is the talk of the town with property folk.

Morgan Pryce have taken a keen interest in London’s rising skyline which appears to have acquired some dominating futuristic landmarks over previous years, some of which are still under construction and are yet to be completed. Many of the daily commuters of London city have been observing as the Shard tower continues to rise, brightening up the view from the internationally renowned London Bridge. The dominator of the skyline designed by the Italian architect Renzo Piano, has been tallest skyscraper in London since November 2010

The global economy is currently experiencing its most difficult period since the recession of 2008-09. Disappointing growth in the major economies has been compounded by sovereign debt problems re-emerging in Europe over recent weeks, which have triggered a wave of financial market instability. Markets have recovered in recent days, but volatility is likely to be high until a durable plan to end the Eurozone debt crisis emerges.