Last week CoStar Group released their agency award for 2013. CoStar is the biggest database for property in the UK and records all the deals that are done in the commercial property market. The database provides information on almost every aspect of commercial property and one of the main aspects it records is take up of office space in Central London. 

The awards for the Central London market were broken up into a number of different sub-markets and as would be expected, it was dominated by the big global corporate companies. However, Morgan Pryce’s hard work over the last 12 months saw some reward as it was revealed they are in the top 4 acquisition agents in terms of space acquired in the London South Bank office market. 

The London South Bank market has got tighter recently and in order to acquire space it is important to have excellent local knowledge which the agents at Morgan Pryce have in abundance. With more and more deals being done off market being able to obtain early information of available space before it comes to the market is vital in securing a clients perfect office space. Morgan Pryce has fantastic relationships with all of the local landlords and agents, this coupled with their strong client base searching for space puts them in an excellent position to acquire space within the market. 

Eugene O’Sulivan, Director at Morgan Pryce, made the following comments on the SE1 area; ‘The evolution of the London Bridge/SE1 market has been a transformation from a second hand office pitch area to the now vibrant Cat A buildings of the Shard, The Place, which has now been let in its entirety to News Corporation, and will have a ripple effect into the regeneration of the of Southwark and beyond’ 

This news was brought to you by Morgan Pryce, a specialist tenant acquisition agent with offices in Oxford Circus and the City. Morgan Pryce specialises in search, negotiation and project management and works exclusively for tenants.