A large, 23,000 sq ft building has just been sold off-market in Soho. 13 Great Marlborough Street currently houses Sony Interactive Entertainment and was bought by Qatari Investment for £30.5m. This transaction was completed with a yield of 3.3%.

Delancey Real Estate Asset Management Ltd is a British property development company with an experienced and longstanding investment advisory team, perhaps best known for jointly purchasing the Olympic Village used in the 2012 Olympics. Currently based in Marylebone, London and Singapore, Sandaire is an investment office that delivers tailored investment portfolios and solutions for wealthy families and foundations.

With the recent vote to leave the EU and the election of Donald Trump in the United States, many companies may be considering how political changes will affect them over the coming years.

With every year that passes, more and more of London’s property is auctioned off to the highest bidder, usually a foreign company or wealthy family. Over the last six years, more than £100bn of property in London has been sold, with many Londoners expressing differing opinions on the advantages and disadvantages of this, such as how it brings a huge amount of investment that benefits the economy, but also how residents in London are being outpriced by their own city.

With the start of a new year, we can ask ourselves; what is expected for the property market in 2017? Many companies are starting the new year with an air of optimism regarding the commercial office market.

In an effort to raise capital and reduce the proportion of taxpayer ownership, Lloyds Bank has agreed two large deals to sell off high-street bank branches.

With the pressure of the new near looming, the two weeks before Christmas saw a surge of take-up in office space across London. Occupiers are usually very keen to have their new office organised before starting the new year and make quick decisions before Christmas, and 2016 was no exception. The landlord Blackstone saw 280,000 sq ft of their offices let in the lead up to the holidays, which is a large percentage of the year’s total lets of 545,000 sq ft.

Morgan Pryce has just completed on 6,500 sq ft of prime space in Euston, NW1. The deal, carried out by agents Sally Pillow and Andrew Ingram, was on behalf of a prominent FinTech company and was completed at £54 per sq ft with 15 months secured on a 10-year term, and a tenant option to break after the fifth year – an extremely good deal for the area.

Igal Ahouvi, an Israeli investor well-known within the UK property market – most notably for owning a majority stake in the Hilton portfolio of 16 hotels, bought back in 2005 – has re-entered trading after a five-year absence. The hiatus was likely related to the loss made when his partnership with Delek Real Estate and Quinlan Private went into administration in 2011 – the partnership purchased a portfolio of 47 Marriot Hotels in 2007, at the top of the market, for £1.1bn.

Serviced office giant WeWork has taken over 55,000 sq ft at the newly refurbished International House from Blackstone. International House offers 215,000 sq ft at St Katherine Docks and, following the recent lettings to IT training provider QA and the deal with WeWork, the building is now 93% occupied; there is 15,000 sq ft still available on the second floor.