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Welcome to WestLondonOffices.com the source for latest news and developments in the west London commercial property market. Here you can follow the trends in the market in the Market Update.

You can search for available offices if you are reviewing your property requirements or a company looking to move into the area. Find offices to let in Kensington & Chelsea, Hammersmith & Fulham, Chiswick and Paddington courtesy of Frost Meadowcroft.

Please also check out the useful links on the left hand side of this page.

NEWS

Market Summary Q1 2012

Welcome to the first update of 2012, giving you an up-to-date view of the office market west of the West End and providing an insight into prevailing trends in this sector.

The west of West End market has begun 2012 with a flurry of office lettings and a number of substantial planning applications granted for development schemes. The impact of the European sovereign debt crisis has not hit the west of West End as we feared it might at the end of Q4. With demand and confidence improving, office rents have increased slightly to best rents of £34.50 in Hammersmith and £42.50 at Chiswick Park and Kensington High Street. It seems inevitable that rent-free incentives currently available to tenants will start to reduce. BBC Magazines have taken the 60,000 sq ft Vineyard House, 44 Brook Green, Hammersmith. The rent they are paying for the former Lyons factory property is £34.50 per sq ft. They have relocated from 80 Wood Lane where Imperial College has submitted its plans for nearly 1 million sq ft including a health and research facility and student housing. This will be called Imperial West.
Nearby, Westfield has also received consent for a mixed use scheme opposite their current shopping centre in Wood Lane. With buildings ranging from 4, 12 and 20 storeys, the Westfield site will include 1,522 homes on the east side of the site, a new department store in the middle and an extension to the existing centre which will include restaurants, leisure property and a public square next to the 1898 listed former power shed that is now the Bus Station. Hammersmith & Fulham also approved the first residential phase of Capital & Counties' Earls Court site and the conversion of the historic Hammersmith Palais to student housing.