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Shiny new Soho

Soho has been a popular area of London for a long time, with its quirky streets, dark corners and the colourful characters who reside in its bars and shops. Property in the area has historically been owned by private individuals, small companies and of course Soho Estate, but as the area has been regentrified, more traditional landlords are seeing its value, which is also being improved by the incoming Crossrail at Tottenham Court Road.

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Regus expanding

The giant of the serviced office world, Regus is now acquiring more space than ever, and is currently looking like the most serious party in consideration to buy 31 Basepoint Business Centres. The deal is thought to be worth the substantial sum of £100 million, and the space will total around one million sq ft; increasing the firm’s portfolio to more than 340 centres – over three times the number operated by any other provider.

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