Spotlight: Strand and Aldwych

March 2024

Strand and Aldwych have a successful blend of commercial and educational uses with three globally-renowned universities sitting side by side within a healthy office market.

In our latest edition of Spotlight we focus on the thriving area of Strand and Aldwych which has not only educational and office space, but also cultural destinations like the Courtauld and Somerset House. Read more here.

Business Rates Update

March 2024

The last few years has seen the freezing of uplifts plus various reliefs cushioning the impact of Business Rates, but with the new annual Business Rates bills about to arrive, the 2024/25 bills will land with a big hard bang.

Click here for full details. 

FARRINGDON: THE NEW HOTSPOT

March 2024

Farringdon is a special hub, sitting in the Centre of London and the only station where the Elizabeth Line and Thameslink cross over, as well as giving a direct link to Heathrow and Gatwick plus Eurostar at St Pancras. It is only now we can really start to reflect on the enormous effect this improved transport hub has had on the area.

Read more here

Harvey Joins the Team

March 2024

A big welcome to Harvey Widdowson who has joined us as Graduate Surveyor in the Leasing & Development Team.

Harvey completed his MSc in Real Estate from the University of Reading last year and enjoys playing Rugby, supporting Nottingham Forest, and playing Padel Tennis

 

Do join us in welcoming Harvey, we look forward to supporting him with his career here at Farebrother.

This International Women’s Day, and every day, we celebrate the women in our team.

Half of the Farebrother team is made up of our inspiring women.

There’s a long way to go to equality and diversity in the industry but we are making steps to ensure we can be a champion for all who believe in the future of real estate.

Click here to hear from the ladies in our team talk what needs to be done to encourage more women to work in real estate.

Mark Anstey recently presented our Q4 2023 Midtown research to the Midtown Business Club.

The breakfast meeting topic centred on 2024 Outlook and Predictions.

Mark presented key highlights from Q4 report, which included office take-up being the highest quarterly take-up in the past 10 years, and the dearth of office developments post-2024.

Thanks to Blick Rothenberg for hosting and asking us to present at the breakfast briefing.

For further insights from our report or to organise for the team to present our research findings, do get in touch.

Our Q4 2023 Midtown offices research is now available.

Our report highlights include: 

* Highest quarterly take-up for 10 years

* Highest % of new/refurbished take-up ever recorded

* 3.53m sq ft currently under construction with 42% let

Do get in touch if you would like to receive our insights or for our team to present our findings.

View our research here.

This morning we held the launch of the 3rd floor within One Bartholomew, EC1A.
 
The 3rd floor totals 19,500 sq ft and can be split to create a demise from approx 10,000 sq ft upwards depending on an incoming occupier’s requirements. 

One Bartholomew was designed by award-winning architects Sheppard Robson and has exceptional sustainability credentials including a BREEAM Rating of Excellent and has a grand, manned reception as well as fantastic end-of-trip facilities.

Find out more by downloading our brochure here, or do speak with the team to arrange a viewing.

We are looking for a highly motivated graduate surveyor to join our dynamic Central London office leasing team.

Role Description

This is a full-time office-based role, based primarily out of our Bedford Row office in Holborn, for a Graduate Surveyor working within our Central London office leasing team.

The successful candidate will gain exposure to a wide variety of clients and leasing instructions. The responsibilities of the Graduate Surveyor include conducting on-site inspections, assisting with the preparation of reports, reporting to clients and assisting partners within the firm. The Graduate Surveyor will also possess excellent communication and interpersonal skills as they will be collaborating with various internal and external stakeholders.

We are looking for someone with the following skill set:

Company Description

Farebrother is a real estate consultancy with a rich heritage, celebrating 225 years this year. As one of London’s leading real estate consultancies, we have an unrivalled and highly specialised knowledge of Central London. We have a forward-thinking approach to commercial office and retail leasing and acquisition, Investment,  Lease advisory and business rates, driven by our own evidence-based research. We cater to a wide range of clients including privates, corporates, investors, funds and property companies. In addition we do work in the Southbank area of London via our joint venture partners USP.London

To apply please send a covering letter and CV to Matt Causer (mcauser@farebrother.com) or Mark Anstey (manstey@farebrother.com).

Today we launched characterful self-contained warehouse-style building totalling 5,877 sq ft, arranged over lower ground, ground, 1st and mezzanine floors.

Features include solid wood flooring throughout, passenger lift, meeting rooms on each floor and kitchens. Holborn, Russell Square, Euston and King’s Cross St Pancras tube stations are only a short walk away.

Find out more by downloading our brochure here, or do speak with the team to arrange a viewing.

It was great to see over 180 agents through the door at our breakfast launch of 22-24 Ely Place, EC1 this morning.
 
The property offers 1,303 – 7,720 sq ft of newly refurbished CAT A space over ground to third floors, and is located on the quiet, gated Ely Place which is short walk to Farringdon Station (3 minutes) and Chancery Lane underground station (4 mins).
 
The property includes a commissionaire, solid wood parquet flooring, excellent natural light, generous floor to ceiling height, a shower and bike racks. Nearby is Gymbox, Bounce and The Bleeding Heart.

Find out more by downloading our brochure here, or do speak with the team to arrange a viewing.

Farebrother Ranked #1 for Number of 2023 Midtown Deals

January 2024

Our team are top of the EG Radius Rankings for the most active agency in Midtown through number of deals transacted (29).

It is also great to see four of our agents in the top 10 individual deal makers in Midtown, with two in the top three – Mark Anstey and Charlie Thompson in 1st and 3rd place respectively followed by Matt Causer (4th) and Jules Hind (9th).

We are incredibly proud of the hard work the team here at Farebrother have done over the whole of 2023. 

We are looking forward to an exciting year ahead working with our existing and new clients. Well done to all who contribute to a thriving Midtown.

To see the full table click here

We are very happy to share 20 Red Lion Street, WC1 is now fully let.
 
Tenants from varying industries including Tourism, Co-working, Property Management, Financial, Retail and Recruitment, with floorplates from 1,711 sq ft to 6,000 sq ft totalling 37,000 sq ft.
 
A well-connected building being a short walk to Holborn and Chancery Lane tube stations.
 
It was a pleasure working with our clients at Swiss Life Asset Managers UK and our joint agents Allsop LLP to get all the floors over the line.
 
If you are looking for office space within the centre of London do get in touch with our team.
 

On behalf of Clearbell Capital we are excited to welcome Maseco LLP and PubMatic Ltd at The Kodak, Covent Garden.
 
We have ground to 3rd and 6th and 7th available, in a mix of finishes – shell & floor, Cat A and fully fitted. Holborn and Covent Garden tube stations are only a short walk away. 
 
Do get in touch with our team to discuss your options and arrange a viewing.

CORFAC: Still a Tenant's Market

CORFAC's brokers around the world, including Farebrother's managing partner Charlie Thompson, discuss the state of office markets around the world.

“We are seeing London bounce back, especially the last four months with companies wanting their staff back and the staff wanting to come back for interaction,” said Charlie Thompson, managing partner with Farebrother/CORFAC International. “Take-up of office stock is improving.”

Click here for the full article.

Our Executive Chairman Alistair Subba-Row provided an overview on the Fleet Street market to CPA members at a breakfast seminar.

It was followed by a panel session that explored the area’s renaissance in detail. 

You can view a recording of the event here

Farebrother Quiz Night 2023

November 2023

A great evening of friendly competition between Farebrother’s JV partners Tuckerman and USP.London took place last week.  With quiz master Mark Anstey keeping everyone under control and firing off some tricky questions a great evening was had by all.

 

Q3 2023 Research

October 2023

Our latest Q3 office research has just been released. Despite a quiet “feel” to the summer the Midtown office market continues to produce some strong headline numbers.

* Take-up is above the long run quarterly average
* Drive towards best-in-class space continues
* Availability levels fall for a third consecutive quarter
* The amount of space under offer continues to increase
* New development starts remain muted
* Investment activity shows signs of a tentative recovery

We are expecting a fairly active end to the year across the market – do get in contact with Ann Ibrahim our head of research or anyone at Farebrother – we would love to talk you through our projections for year end and the detail behind the numbers. 

To view the report click here. 

EXPERIENCED TRUSTED REAL ESTATE ADVISORS

Farebrother Walk for Spread a Smile Charity

October 2023

Team Farebrother smashed our charity fundraising walk last week in Dorset in aid of Spread a Smile. The numbers show it best:

✔ 22 miles over hills, sand, grass, rocks, and dunes
✔ 7.5 hours of continuous walking (that’s right…no pub stops along the way!)
✔ 53,100 average steps
✔ 26 VERY tired and aching feet
✔ 1 amazing team building event for us: time to get fresh air, connect, and support each other along the way
✔ 86 individual donations
✔  ****and most importantly – £5,596.25 Raised for Spread a Smile including Gift Aid– SMASHING our initial goal!

From Lucy Jackson CEO of Spread a Smile:
“ You are all incredible, Thank you so much to the whole Farebrother team. Just think of all the smiles you will spread

Thank you SO much to all who sponsored us – your support helped us get to the end of the walk!

We are honoured to be able to help bring more smiles to more children.

Emily Mills Joins Farebrother

September 2023

We are delighted to welcome Emily Mills to the Farebrother team.  Emily will be working across the firm with a focus on Asset Management and Investor Sales. 

Emily joins us from Joiner Cummings, where she gained 5 years experience in the industry. She was part of the investment agency team, working on transactions across a range of different property sectors in London and the regions.

 

 We are excited to have her as part of our growing team

 

Farebrother's annual marathon charity challenge is back!

August 2023

On Thursday 5th October the entire Farebrother team will be embarking on a 22 mile walk along the Jurassic Coast from West Bay to Weymouth to raise money for Spread a Smile.

Spread a Smile brings joy and hope to seriously ill children in hospitals, hospices and homes across the UK.

Through in-person and virtual visits, their renowned entertainers – from magicians to face-painters, musicians to therapy dogs – generate moments of distraction and excitement, helping young patients and their families to face their significant health challenges with optimism and positivity.

Since their founding in 2013, they have built a reputation for developing bespoke relationships with each family and each health setting, so that they can offer the most meaningful, impactful support. They complement their main work with art initiatives, family outings and seasonal celebration events.

Click here for our Justgiving page – any donation will make a difference

 

  • £26 could pay for an entertainer to visit a seriously ill child at their hospital bedside.
  • £43 could give a child the opportunity to attend a Spread a Smile family event. These take place monthly and allow us to take families to the theatre trips, afternoon teas and bring some much-needed distraction from their treatment.
  • £125 could paint a child’s radiotherapy therapy mask. These are for children receiving treatment for neck, head, or brain cancer. 
  • £173 could give a seriously ill child in hospital the opportunity to have a virtual Smile Party to celebrate their birthday. We provide them with an entertainer and can invite as many friends and family to help celebrate their birthday virtually whilst in isolation in hospital.

 

Centre of London Office Research

Q2 2023

The Centre of London’s Midtown market reflects a slightly quieter quarter in terms of transactions but demand and under offer levels continue to climb suggesting a strengthening occupational market for the second half of the year.
  • At the half year mark take-up is above the long run 10 year average
  • Drive towards best-in-class space continues
  • Availability levels continue to fluctuate  
  • The amount of space under offer is at its highest level since before Covid
  • The short term refurbishment and development pipeline remains tight with clear investor opportunities to deliver into 2024 and 2025

Click here  to read the full research

Opportunity lies in the true centre of London

June 2023

Our latest research has just been released looking at some of the unique villages that make up Midtown.

Holborn & Kingsway is – if you were to look at a map – the point where the West End meets the City.  But we don’t think of this area as an edge or a fringe, it is the heart of Midtown.  Our latest report looks at some of the highlights of the area, the mix of current occupiers and what changes are ahead for the office landscape.

Click here to read the full report

Our knowledge of Holborn & Kingsway and our passion for the area is unrivalled – do get in touch with Mark Anstey or one of the team – we would love to talk to you in more detail.

Amelia Royds joins the Farebrother team

June 2023

We are delighted to announce that Amelia has recently joined the Farebrother team as Senior Surveyor of the Leasing & Development team.

Amelia joins us from Colliers where she gained 5 years experience in the industry.  She spent over 2 years working in the South East office market, undertaking both acquisitions and disposals on behalf of Landlords and Tenants before relocating to Colliers Vietnam, where she spent 1 year doing office and retail acquisitions in Ho Chi Minh City.

We are excited to have her as part of our growing team.

Annual Charity Tennis Tournament

May 2023

After last years success, last Thursday we held the Farebrother Charity Tennis Tournament in aid of the incredible New Horizon Youth Centre.

We had a great turnout and some seriously great tennis on the show but this year Oval Real Estate reigned victorious after a close final with Hines.

Many thanks for all that came along and made it such a great afternoon.

An evening with Mike Gatting

May 2023

Farebrother were delighted to help sponsor the annual dinner in aid of The Chartered Surveyors’ Company in the Long Room at Lord’s Cricket Ground.

We hosted a table with 10 of our guests helping to raise vital funds to support those who want to enter the surveying profession.

Mike Gatting was the guest speaker and it made for a wonderful evening,

FAREBROTHER & USP COMPETE IN THE ANNUAL TT FOOTBALL TOURNAMENT

May 2023

A big thank you to Telereal Trillium for hosting Farebrother and USP London at their annual TT football tournament at Goals in Birmingham.

A great team effort competing in the plate knock outs as well as a fantastic guest speaker, Ray Parlour.

Q1 2023 RESEARCH - MIDTOWN CONTINUES TO SHOW RESILIENCE

April 2023

London’s Midtown continues to show resilience starting the year with a strong performance in the leasing market;
  • Take-up for Q1 finished above the long run 10 year quarterly average
  • Highest number of quarterly deals since 2019
  • Availability levels increased slightly driven by some large chunks of tenant release space plus new and refurbished buildings completing construction
  • The amount of space under offer remains high
  • A quarter of space under construction has already been let

We are delighted to share a summary of our London Midtown market analysis covering the first quarter of 2023. Please click here

NUMBER ONE MIDTOWN AGENT FOR 2022

February 2023

Lots of great work undertaken last year across the practice. Number one Midtown agent by the number of deals for the whole of 2022 and 4th overall in amount of sq ft let……but top independent agent. Thank you to all our clients for your continued support and to all the development managers, consultants, agents and solicitors we worked with last year and going forward.

Click here for the full contributor rankings 2022

NEWLY RELEASED - Q4 2022 - RESEARCH

January 2023

London’s Midtown saw a positive finish to the year despite the economic uncertainty;
  • A strong final quarter contributed to the highest annual take-up for four years.
  • Amount of space under offer has more than doubled year on year.
  • Speculative office construction continues with two new developments starting on site during Q4 2022.
  • Despite uncertainty in the investment market £4.47bn transacted during 2022 – highest since 2018.

Click the link here for a full view of our latest headlines.  We always look beyond the headline figures and if you require any more information or would like a more in-depth discussion about our research and views on the market then please do get in touch with Ann Ibrahim, Head of Research or Jules Hind, Partner.

A GREAT END TO ANOTHER FANTASTIC YEAR

December 2022

Merry Christmas to all our friends and colleagues. Thank you for all your commitment, hard work and trust in us. We wish you all a very merry, safe and joyous Christmas and look forward to a happy and healthy 2023.

CHARITY CHRISTMAS DRINKS

December 2022

A big thank you to all of those that popped along for our open house Christmas drink.  It was the perfect start to the festive season raising money for our chosen charity as well as having some great conversations with clients and friends.

** NEW RESEARCH ** DESPITE THE CURRENT ECONOMIC AND POLITICAL UNCERTAINTY LONDON’S MIDTOWN SAW A POSITIVE PERFORMANCE DURING Q3

October 2022

Our latest research suggest that;

* Total number of deals transacting are nearly back to pre-Covid levels
* Overall availability levels have risen but influenced by a record quarter of development completions of much needed quality stock
* Amount of space under offer has increased nearly 40% year on year

Click the link here for the full headlines and for more deeper insight please do get in touch with our head of research Ann Ibrahim or one of the team at Farebrother

Q3 - WATCH OUR LATEST VIDEO

October 2022

Watch our latest Q3 Research video for some key themes of the quarter

Here

TEAM AWAY DAY

October 2022

The Farebrother team recently headed to the beautiful New Forest for a day of outdoor activities and to celebrate all things Farebrother.

We are incredibly proud of the team for their continued hard work and it was great to be able to celebrate with such a wholesome day full of laughs. 

LIFE SCIENCE SECTOR BUILDS MOMENTUM

September 2022

The Covid-19 Pandemic has thrown even more of a focus on the sector, resulting in an influx of investment seeking to match the demand. But who is taking space, where is the demand coming from and can the centre of London supply the stock that is required?

Read our latest research here for our views

CHARITY TENNIS AFTERNOON

September 2022

We welcomed doubles teams from Hines, Clearbell Capital LLP, Argent LLP, Workthere, Capital & Counties Properties PLC plus a couple of home pairings. It was a mixed (!) afternoon of weather and with no retractable roof, we just tackled the occasional puddles with vigorous brushing.

A crowd cheered on from the fantastic terrace of Fields Bar & Kitchen. There was some very fine play across the courts, with one or two of our friends unveiling Federeresque racket skills; all hamstrings survived, the clouds parted for the final and Hines prevailed in a tight match, pipping Workthere in a tie break…

We raised a decent sum for a much deserving local charity, New Horizon Youth Centre and had a lot of fun – look out for the 2023 date !

SPOTLIGHT - FLEET STREET

July 2022

The market recovery in Midtown continues to stride ahead.  Take a look at our latest research and do get in contact if you wish to find out more behind these headline numbers.

To view the report click here

INVESTMENT SALE - 1 GUNPOWDER SQUARE - SOLD

July 2022

We are delighted to announce the sale of 1 Gunpowder Square, EC4 on behalf of German Fund Manager AIK.

The property sits within the heart of Midtown, moments from Fleet Street and surrounded by several key refurbishment and redevelopment projects.  Lots of exciting activity in this part of town in the next few years.

SPOTLIGHT - FLEET STREET

August 2022

Welcome to the latest edition of “Spotlight”, our series of reports on the unique villages that make up Midtown.

Fleet Street has always had a great story to tell, rich in history and an important East/West link across London. Today Fleet Street is in the middle of a substantial transformation not seen for many decades with millions of sq ft of office, retail and leisure being developed to complement the existing offering and to breathe new life into this historic part of the Capital. This report looks at some of the highlights of the area, the mix of occupiers and what changes are ahead.

Our knowledge of Fleet Street and our passion for Midtown is unrivaled – do get in touch – we would love to talk to you in more detail or help you with any of your property needs Download the report here

BUSINESS RATES - DID YOU KNOW

June 2022

Check out our latest “Did You Know” video on rates here. Did you know a Cat B office fit-out is rateable, Cat A is not? – watch for more information.

For any of your rating questions speak to our expert David McCausland or any one of the Farebrother team.

Q1 RESEARCH - WATCH OUR LATEST VIDEO

May 2022

Watch our latest video here to see some of the key headlines from our Q1 office research

To read the full report please click here or do reach out to Ann Ibrahim or Jules Hind

Q1 2022 RESEARCH - A STRONG QUARTER FOR BOTH THE OCCUPATIONAL AND INVESTMENT MARKETS

April 2022

Two stand out Q1 deals underpin the market recovery in Midtown:
  • Largest pre-let in the last 30 years, as Hogan Lovells take 266,000 sq ft
  • The Google £762.5m purchase at Central Saint Giles added to the highest quarterly investment volume since Q3 2018
The first three months of most years are generally quieter but we saw the highest level of Q1 take-up for eleven years and the amount of space under offer has also increased by 53% quarter on quarter. There has been a small uptick in supply, primarily in refurbished stock with a pleasing drop in poor quality secondhand Grade B space.

We are delighted to share a summary of our market analysis here covering the first three months of 2022. We always look beyond the headline figures and if you require any more information or would like a more in-depth discussion about our research and views on the market then please do get in touch.

MAJOR NEW PEDESTRIANISATION PROJECT TAKES PLACE

March 2022

There is an exciting major new pedestrianisation scheme taking place in Midtown around the Aldwych area.

Mark Anstey from our Leasing & Development team shares our views on a prominent public realm scheme that will change the face of the area.

For further information click here

MIDTOWN - THE HQ HUB OF THE CAPITAL

March 2022

There is a huge array of companies who have made London’s Midtown their Global, European or UK Headquarters.

Read here our views on why we think they have made Midtown their home.

FAREBROTHER HAS APPOINTED CHARLIE THOMPSON AS ITS NEW MANAGING PARTNER AS IT CEMENTS ITS SUCCESSION PLANS

February 2022

Farebrother has appointed a new Managing Partner as it cements its succession plans.

As part of those plans, current Senior Partner Alistair Subba Row becomes Executive Chairman and Charlie Thompson takes up the position of Managing Partner. Between them, the duo – two of the best-known operators in the London office market – have clocked up over 55 years at the firm, which advises clients across the capital.

The 6 February was an important date in the UK for more than one reason, as not only did it mark the Queen’s 70th anniversary of her accession to the throne but it is the same day Charles Farebrother began his working life in London’s Fleet Street. Our firm, which still carries his name today, is celebrating our 223rd anniversary and we retain our independent status.


Farebrother act for a wide variety of Estates, institutions, funds, property companies as well as private and international investors. The sale of The Rolls Building in Fetter Lane, Weston House on High Holborn and the acquisition of a share of Mid City Place are three trophy investments the firm have been involved in.

Strategic advice through internal evidence-backed research lies at the core of our business. Lettings at Victoria House, Aldwych House, 1 Kingsway, Fetter Yard and numerous Estates have benefited from Farebrother advice. Equally the firm has a strong track record for advising many occupiers including charities and professional practices across London.

Charlie Thompson said: “Our advisory track record stretches beyond Midtown but it’s a part of London we love and know better than anyone else. We firmly believe that there is a place for the global and niche advisors to work alongside each other. The transaction figures speak volumes even during recent times. I’m excited about the market and taking the firm forward.”

“We have been innovative partners in the built environment for over 200 years. We have some exciting joint ventures with Union Street Partners, Tandem Property Asset Management and Square One Real Estate. We have also immersed ourselves into the development of (Midtown) Business Improvement Districts for over two decades and just look at the area now.”

Subba Row added: “We pride ourselves in careful succession planning and the timing of the change is right. I’m really excited to be working with Charlie and the team going forward. Whilst continuing to advise our clients across many areas I will also help develop the local BIDs especially the Fleet Street BID which is the last piece of the Centre of London’s regeneration jigsaw puzzle.”

Q4 RESEARCH - WATCH OUR LATEST VIDEO

January 2022

Watch our video here to see some of the latest headlines from our Q4 office research

To read the full report please click here or get in contact with Ann Ibrahim or Jules Hind

Q4 OFFICE RESEARCH - A RECOVERING MARKET

January 2022

After an unprecedented two years we are beginning to see a change in our market conditions.  Take a look here at our latest research and if you wish to discuss anything in further detail please do get in contact with one of the team.

PREDICTIONS 2022 - OUR VIEW ON THE YEAR AHEAD

December 2021

We believe 2022 is going to be an exciting year of increasing optimism and change for Midtown, which we look forward to being part of.

Our latest Insight highlights our predictions for the year ahead.  To download please click here

Speak to Ann Ibrahim or any other member of the team if you would like a more indepth chat on the Midtown property market.

CENTRE STAGE - OUR LATEST INSIGHT

November 2021

In our latest Centre Stage we dive a little deeper into the Quarter 3 market report, to draw out further trends and insights within the Midtown Office Market.

To read the full report click here

OUR CHARITY WALK RAISES £6,178 FOR CORAM FIELDS

November 2021

We wanted to say a huge thank you to all that sponsored us on the 1st of October when the team at Farebrother took on the challenge of walking from Tower Bridge to Putney and back again, crisscrossing over every bridge to walk a total of 42km for the amazing charity Coram’s Fields.
 
We are pleased to announce we raised an incredible £6,178

 
Victoria Lewis Fundraising Manager at Coram’s Fields said – “Thank you so much to everyone who took part in Farebrother’s walking challenge. What an incredible way to raise funds to help provide services and facilities at Coram’s Fields. Every step taken by the team will help to improve the life chances of children and young people living across Midtown, many of whom face significant social and financial barriers. In addition to our open green space, our free Youth and Sports Programmes help to ensure local children have the support they need to learn, develop and take advantage of local opportunities.  Thank you so much to the entire team at Farebrother and to everyone who sponsored their challenge! You are making an amazing difference in your local community.”

AUTUMN 2021 BUDGET & SPENDING REVIEW

October 2021

According to the CBI, “the Government wants to drive investment and innovation but their tax policy is working in the other direction”.

So what can we expect about Business Rates in today’s Budget and Spending Review? Read our Predictions.

Q3 RESEARCH - WATCH OUR LATEST VIDEO

October 2021

Watch our video here to see some of the latest headlines from our Q3 office research

To read the full report please click here or get in contact with Ann Ibrahim or Jules Hind

Q3 OFFICE RESEARCH - A RECOVERY IN THE OFFICE MARKET IS EMERGING

October 2021

A recovery in the Midtown office market is clearly emerging with rising take-up and a slowdown of increasing availability levels. Below is an overview and snapshot of the headline numbers from the last quarter.

We would be delighted to provide more in-depth analysis and insight on the market; please do get in touch with Ann Ibrahim, Head of Research or Jules Hind, Partner.

To read the full report please click here

SPOTLIGHT - COVENT GARDEN

October 2021

Spotlight : Covent Garden

This is the second edition of “Spotlight”, our series of reports on the unique villages that make up Midtown.

Covent Garden is an area full of wonderful character and history with a diverse mix of occupiers and visitors, all creating a seven day vibrancy to this part of the Centre of London.

Our knowledge of Covent Garden and our passion for Midtown is unrivalled – do get in touch – we would love to talk to you in more detail or help you with any of your property needs.

Download the report here

FAREBROTHER FC BATTLE IT OUT AT THE MIDTOWN BUSINESS CLUB’S THIRD ANNUAL 5-A-SIDE FOOTBALL TOURNAMENT

September 2021

A few of the wonderful people at Farebrother took part in the Midtown Business Club’s third annual 5-a-side football tournament in aid of Coram’s Fields.

Coming off the back of a year out Farebrother FC were raring to go and did themselves proud winning 1, drawing 2 and losing 1 all while only conceding 2 goals!
 
It was a fantastic occasion and an opportunity to come together again in support of a great midtown charity who have helped so many children and who we are fundraising for this year.

FAREBROTHER’S FAST BUT NOT FURIOUS 42KM WALK

August 2021

It’s been a while, but Farebrother are putting their walking boots on again………

On Friday 1st of October, the whole of Farebrother will walk from Tower Bridge to Putney, following the River Thames, and back again, covering approximately 42km to raise money for Coram’s Fields – a children’s and local community charity based in Midtown – an area we are so passionate about.

Please visit our Just Giving Page and support us

https://www.justgiving.com/fundraising/farebrotherwalkchallenge2021

42km River Thames walk for Coram’s Fields because they are a fantastic Midtown charity!

July 2021

Midtown’s resilience continues to be tested as the challenging office market conditions persist. A slow yet sustained recovery continues although stark differences exist between the three clear leasing tiers in our market. Below is an overview and snapshot of the headline numbers from the last quarter.

To read the full report please click here

We would be delighted to provide more in-depth analysis and insight on the market; please do get in touch with Ann Ibrahim, Head of Research or Ben Fisher, Partner.

FLEET STREET QUARTER : A WINNING BID?

June 2021

Fleet Street is an iconic Midtown location rich in history that presents an ample opportunity for regeneration.

Senior Partner at Farebrother Alistair Subba Row, Chair of the Fleet Street Quarter (FSQ) Partnership, and Martha Grekos, Chair of the FSQ Public Realm and Environment Steering Group delve into how the FSQ Partnership is working towards becoming a Business Improvement District (BID) by April 2022.

“Fleet Street has always had a story to tell, and now is the opportunity to create a new narrative for this iconic location, an area that will foster innovation, champion culture and curate a green and sustainable business district”. Read the full article HERE

SPOTLIGHT - BLOOMSBURY

May 2021

Spotlight : Bloomsbury

This is the first edition of “Spotlight” a series of new reports on the unique villages that make up Midtown.

Bloomsbury is an area full of wonderful character and history with a diverse mix of occupiers and visitors creating a vibrancy that is not seen in many areas of Central London.

Our knowledge of Bloomsbury and our passion for Midtown is unrivalled – do get in touch – we would love to talk to you in more detail or help you with any of your property needs.

Download the report here

CHARLIE THOMPSON TALKS AT THE MIDTOWN BUSINESS CLUB WEBINAR ON “THE FUTURE OFFICE”

April 2021

The Midtown Business Club hosted a webinar on “The Future Office” where Charlie was joined by David Kosky of Work.Life as they discussed the office working environment and what the office could look like in the future.

To watch the webinar please follow the link here

Q1 RESEARCH - A SNAPSHOT OF THE MARKET

April 2021

We have just released our Q1 research.  For a snapshot of the latest figures from the first three months of the year please click here

There has never been a more important time to look beyond the headline numbers and understand the impact for each invidividual building, occupier or village within Midtown

Do get in contact if you wish to discuss our findings in more detail

GOVERNMENT RATES ANNOUNCEMENT FAREBROTHERS VIEW

March 2021

The Government has chosen to do something unique and against hundreds of years of Rating Law. Are they mad or is the logic right?

Read our thoughts written by David McCausland & Malcolm Brackley.

BUSINESS RATES - OUR VIEW FROM THE 2021 BUDGET

March 2021

After digesting the latest Budget announcements David McCausland our rating expert has highlighted 6 key takeaways

FAREBROTHER INVOLVED IN ONE OF LONDON’S LARGEST DEALS SO FAR IN 2021

March 2021

Farebrother representing Telereal Trillium completed on one of the largest deals of the year so far....

Leading tech-enabled marketing group MSQ Partners has signed a new 10-year lease on 20,315 sq ft of unique offices within 34 Bow Street, directly opposite The Royal Opera House in Covent Garden from landlords Telereal Trillium.  

Mark Anstey, Partner said “This transaction demonstrates that good quality, fitted space, in good locations, continues to attract good demand in the market, despite the challenges we continue to face”

The offices, which will become the new HQ of MSQ following its recent acquisition of the Be Heard Partnership, has its own private entrance leading to the entire 3rd and 4th floors. The floors are connected by an interlinking staircase and have c.4m ceilings in parts. BT occupies the remainder of the building as a data centre with its own separate access.

MSQ has committed to a 10-year lease, without break, and will be paying a rent marginally over £62.00 per sq ft exc,. MSQ and Be Heard will be vacating their offices in Fitzrovia and Soho.

COSTAR AWARDS - 2021 WINNER

March 2021

We are very pleased to announce that for a second year running Farebrother have been recognised by CoStar Group UK as the WINNER of the Most Active Single Branch Agency for the Number of Acquisitions & Disposals in Midtown.

ALISTAIR SUBBA ROW - APPOINTED CHAIRMAN OF THE NEWLY ESTABLISHED FLEET STREET QUARTER PARTNERSHIP

February 2021

Alistair Subba Row, Senior Partner of Farebrother, has been appointed Chairman of the newly established Fleet Street Quarter Partnership with Svetlana Nogai from Westminster RE as Deputy Chair. Former Chairman Tom Sleigh from the Corporation of London remains on the Board.

FAREBROTHER ADVISES HKA ON THEIR NEW OFFICES

FABRUARY 2021

Farebrother are delighted to have advised HKA on their recent acquisition of new office premises in a fantastic building – 100 Victoria Embankment

The space is to support their rapidly growing team and will provide quality space in a well located iconic London building.

Q4 2020 - SNAPSHOT

JANUARY 2021

Latest quarterly research released

The latest research covers the last three months of 2020. We always look beyond the headline figures and are currently focused on the split of quality across total market supply, specifically the continued dearth of high quality space.

If you require any more information or would like a more in-depth discussion about our analysis and views on the market then please do get in touch 

View report here

PREDICTIONS 2021 - OUR VIEW ON THE YEAR AHEAD

JANUARY 2021

Farebrother - 2021 Predictions

After a year of enormous challenges and changing market dynamics driven by the impact of COVID-19 and Brexit uncertainty we have tried to give an honest view of what we think the year ahead will look like. Farebrother have teamed up with our Joint Venture Partners to give you a broad spectrum of views and opinions across the property sector.

To read our predictions please click below to download and do get in contact with any of the team if you wish to discuss in more detail.

CENTRE STAGE - RATING SYSTEM RESET NEEDED

December 2020

In this latest piece of research our very own rating expert David McCausland discusses his thoughts on the current rating system and the changes required going forwards;

If you are unsure if there are any savings to be made at present on your business rates or wish to discuss anything at all to do with rates, please do get in touch with David or any of the wider team.

For the full report please click here

CENTRE STAGE - OFFICE DEVELOPMENT IN MIDTOWN

November 2020

LATEST RESEARCH - MIDTOWN DEVELOPMENT

In our latest Centre Stage, we explore the dynamics of the current Midtown development stock and the pipeline going forwards as well as compare this to the start of previous cycle dips.

For the full report please view here
Please get in contact with Ann Ibrahim or any other member of the team

Thompson has served in a wide range of roles for CORFAC, including two consecutive years as Chairman of the International Committee and before that as a member of the Communications Committee.