Latest news from the Ingleby Trice Monthly London City Floorspace Survey: 🔹 November’s City take up showed a fall over a very strong October. 🔹 With ‘average’ December take up predicted, the 2024 City take up total is estimated to reach just under 5m sq ft which would be a 8% increase over 2023. 🔹 2024 could hit a significant 41% increase over the post-Covid five year average and 17% increase over the pre-Covid five year average. https://lnkd.in/dP2HpUP2 Will 2024 see the highest City take up since 2019? Check out next months survey to find out!
About us
We’re an independent, established and experienced practice advising on all aspects of the London office market. We focus on providing innovative, data backed advice. For over 20 years Ingleby Trice has been at the heart of the market, providing owners, occupiers and investors with the valuable insight and innovative bespoke advice they need to achieve their goals. The capital’s property market is constantly evolving. Where once the most sought-after assets could be found in only a select few postcodes, development and opportunity is now spread far and wide. Uncovering opportunity means working harder and delving deeper. While behind London’s glittering skyline we never forget that property is a people business. We’ll always work closely with our clients to seek the most desirable properties, offer bespoke advice on their potential for occupancy, ownership, investment or disposal – and negotiate the most favourable terms on their behalf.
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http://inglebytrice.co.uk
External link for Ingleby Trice LLP
- Industry
- Real Estate
- Company size
- 11-50 employees
- Headquarters
- London, London
- Type
- Partnership
- Founded
- 1996
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Primary
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10 Foster Lane
London, London EC2V 6HR, GB
Employees at Ingleby Trice LLP
Updates
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Latest insights from the Ingleby Trice Floorspace Survey show that October: 🔹 Was 2024’s second strongest month for City take-up – and a big leap over September ( ⬆️ 64%) 🔹 Produced record Grade A rents in some City locations 🔹 Reported a 6% drop in City availability (and 37% below one year ago, Oct ‘23) 🔹 Produced an 86% increase in City Fringe take-up, compared with September See the full survey for more details! #InvestWellWorkwell #commercialrealestate #cityoflondon #officetrends
Founding Partner at Ingleby Trice LLP. London office advisor specialising in letting, acquisition and sustainable development projects.
October saw a triple positive in the City according to the Ingleby Trice City Floorspace Survey stats. 1. Take up rose 64%, albeit over a pedestrian September, to this years 2nd highest monthly level. 2. Record City grade A rents were reported in 22 Bishopsgate (looking almost as good as our all electric letting instruction @Tower42 in the attached autumn scene taken from a terrific launch of the Pru floors @Angel Court) and at 1 Leadenhall St. 3. City availability fell by a chunky 6% to a level 10% below the 6 month average, 34% below Jan, 37% below Oct ‘23, and 22% below the 5 year average (although still 16% above the pre covid 5 year average). No new space was added with 4 of the 6 larger units comprising tenant surplus from moves, offered at sub £60. Similar positive take up news was reported on the City fringe with an 86% rise over a poor September to a level 40% above the 5 year average (but only 11% above the pre covid 5 yr av.) Activity concentrated on smaller units but 2 of the larger ones involved refurbs to be completed in Q1’25. Not such a good story on Fringe availability which again rose - by 4% to a level 4% above the 6 monthly av, 20% above the 5 Yr av and 134% above the pre covid 5 yr av. The total has risen 6.5% since Jan and has remained in the 9m sq ft to 10m sq ft range since 2020. The total was influenced by adding @Tishman’s 188k sq ft Torrens St scheme at Angel. For the stories behind the stats contact Malcolm Trice or Veronika Sillitoe at Ingleby Trice. #cityoffices#londonrealestate# inglebytrice##londonoffice broker#londonresearch#ukoffices#cityoflondon
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Discover 2,758 sq ft of plug and play office space on the 5th floor of 90 Barts Close (90BC), located between the City of London's financial district and creative Clerkenwell. The thoughtfully-designed space features meeting rooms, collaborative workspaces, private phone booths, ample desks and a private terrace for those sunny, blue-sky days! For more information, connect with Malcolm Trice, Veronika Sillitoe and Francis Cundell at Ingleby Trice or our joint agents, Jason Collier, Nick Going and Cheyanne Thompson at JLL. #OfficeSpace #LondonOffices #FlexibleWorkspace #CommercialRealEstate #WorkplaceDesign #InvestWellWorkWell
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This is impressive news from the Tower 42 Estate! If you're looking for office space in the City and interested in joining the vibrant Tower 42 Estate community, reach out to James Heyworth-Dunne, Jake Halstead or Francis Cundell at Ingleby Trice to find out more. #Tower42Estate #officespace #community #InvestWellWorkWell
The Tower 42 Estate just keeps on innovating! A new 4-star Clayton hotel is set to open at 20 Old Broad Street in 2028 (subject to planning), with 154 rooms, plus a restaurant, bar and gym. With few hotels nearby, this addition to the Estate is fantastic news for our 70+ existing occupiers together with all our neighbours, complementing our existing leisure, retail and dining options. This is just one of several really exciting projects being planned, all with an eye on leveraging the huge potential of our unique Estate in the heart of the City. Watch this space, and please get in touch if you would like to be part of the action! Dalata Hotel Group #Tower42Estate #cityoflondon #innovation
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2 Pear Tree Court, Clerkenwell, is a restored warehouse offering contemporary and stylish interiors that perfectly complement the building's heritage features. With exposed brickwork, meeting rooms nestled under arches and beautifully designed collaboration and working spaces, the building is available as 14,172 sq ft of HQ office space or on a floor-by-floor basis, from 1,067 sq ft upwards. To find out more, contact James Heyworth-Dunne, Francis Cundell and Jonty Robinson at Ingleby Trice, or our joint agents Shaun Simons, Joshua Miller and Sonia Oberoi at Compton. #clerkenwell #officespace #InvestWellWorkWell #PearTreeCourt
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With only 4 full floors and 1 part-floor remaining at all-electric Arbor, Bankside Yards, you will need to move quickly to secure space at this exceptional building. Described as 'Tomorrow's Workspace for the Next Generation' the building is a perfect combination of innovative, contemporary design and impressive eco-credentials. For further information on the 5,895 - 60,740 sq ft of space still available, reach out to James Heyworth-Dunne and Veronika Sillitoe at Ingleby Trice or our joint agents, Knight Frank to find out more. #ESG #BanksideYards #InvestWellWorkWell #officespace #futureoftheoffice
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Exciting developments at Endurance Land's 138 Cheapside! The 4th floor is now let to DEMICA, the 3rd floor under offer and the refurbishment of the part 2nd floor (3,200 sq ft) underway, due to complete in early 2025. Interested in office space in a distinctive 1950's-inspired building? With great views of St Paul's Cathedral opposite, excellent amenities on Cheapside and two underground stations within a 3 min walk, contact Malcolm Trice, James Heyworth-Dunne and Jonty Robinson to find out more. #officespace #InvestWellWorkWell #cityoflondon
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Lots of exciting news unfolding at the Frederick's Place Estate, owned by The Mercers' Company, adjacent to Bank in the City of London. Leading law firm Davis Polk & Wardwell LLP has chosen the brand-new Whittington Building, designed by architects Stanton Williams, for their expanded UK headquarters, securing 31,800 sq ft of prime office space. They were attracted to its strategic location in the heart of the City, innovative design and extensive amenities. Meanwhile, over at 1-3 Frederick's Place, flexible office provider, The Boutique Workplace Company, will soon be offering their unique brand of serviced and managed offices in this refurbished part Grade II listed, 18,000 sq ft multi-terraced building. We wish both companies every success in their new homes. Supporting The Mercers' Company with these projects since 2018, we are privileged to have represented them throughout, alongside joint agents, Knight Frank. #officespace #cityoflondon #InvestWellWorkWell
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We love this! Brilliant way to illustrate the ease of travelling on two wheels around the vibrant neighbourhood of Bywater Properties all-timber Paradise office building, London, SE11. Paradise SE11 is an inspirational, best-in-class low carbon HQ office development, raising the bar for sustainable commercial development in London. Arriving in Q1 2025, contact James Heyworth-Dunne and Veronika Sillitoe, to find out more. #officespace #alltimberoffice #innovation #InvestWellWorkWell
Paradise isn't your typical London office space. We're building something different. It was perfect weather for Daniel Mead's cycling tour around the vibrant neighbourhood of Lambeth last week. 🚴♂️ Dan and the leasing team captured the ease of cycling access to key transport hubs like Vauxhall, Waterloo, Victoria, and Embankment—all within 5 to 10 minutes. Green spaces with sports facilities, including Archbishop’s Park, Imperial War Museum Park, and Vauxhall Pleasure Gardens were full of activity. Major landmarks, art galleries, gyms, and local favourites like The Black Dog (a pub visited by Taylor Swift and top property agents!), Tamesis Dock, and the Garden Museum are fun to visit and create a great vibe in the area. This location fuels creativity and collaboration. Experience a bold new vision for urban working at Paradise. https://bit.ly/3yQaWee
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Veson Nautical, a global leader in maritime freight management solutions, are the latest company to take office space at all-electric Arbor, part of Native Land's Bankside Yards, on London's South Bank. What attracted them to the space? A strong alignment with Arbor's commitment to innovation and sustainability, the dynamic and culturally rich location and the fantastic 12th floor space, with a private terrace, floor-to-ceiling windows and impressive views. With only a quarter of the 222,000 sq ft space still available, contact James Heyworth-Dunne and Veronika Sillitoe at Ingleby Trice or our joint agents, Knight Frank. #ESG #officespace #InvestWellWorkWell #officeinnovation
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