Our latest research on the second quarter of the year is now out. Take a read of the market overview below or click here for the full report
Market Overview
Take-up – reached its highest level since Q3 2025, rising 24% quarter-on-quarter, reflecting a marked improvement after a slow turn of the year
Availability – fell 7% quarter-on-quarter to its lowest level since Q4 2021, continuing the ongoing tightening of supply
Under offer – levels have now risen for three consecutive quarters, standing at 900,000 sq ft, the highest figure since Q1 2025, pointing to improved Take-up ahead
Development activity – following a record-breaking start to the year, no new starts were recorded this quarter, which will tighten future supply further
Investment activity – remains very muted, with a record low level of activity recorded over the quarter, consistent with wider caution in the investment market
Farebrother Summer Tennis Tournament 2026 🎾
To tie in with the start of Wimbledon we hosted our annual summer tennis tournament this week on the courts at Lincoln’s Inn Fields.
This was our biggest tournament yet, with a record 15 teams taking part – each playing 4 games to determine who would make it through to the knockout stages. The standard of tennis was the best we’ve seen, with some brilliant matches played out in front of a packed audience on a sunny day, with refreshments flowing on the terrace at Pear Tree Cafe.
It was great to see so many of our clients out on the courts, and thank you to all the teams who made it such a fantastic day. The final was a closely fought contest between Thomas Brown and Izzy Moody of Trinova Real Estate LLP, and Rob Beeching of Quadrant and Rory Cook of 6 Point 5 Square – with Rob and Rory clinching the title to be crowned 2026 champions!!
A chance encounter at a City lunch served as a quiet reminder of what has always driven Farebrother: relationships, community, and a deep connection to Central London.
When Alistair Subba Row attended a recent lunch at Vintners’ Hall, he was met on the staircase by a portrait of Charles Farebrother – After establishing Farebrother in 1799 in Fleet Street he went on to become Lord Mayor of London in 1833 and Master of the Vintners’ Company in 1835, 1852 and 1856.
It is a good reminder of what we have always been: a firm rooted in London, driven by relationships, and genuinely committed to the communities that make Central London what it is. That has not changed.
A fantastic reminder today of our incredible history.
Midtown’s legal sector continues to drive office demand,with law firms now occupying more than 4.5 million sq ft of office space. Within this 55% of occupiers have remained in the same building for 15 years or more – highlighting a significant opportunity for relocation, refurbishment and redevelopment.
With more than 1.5 million sq ft of active requirements currently in the market and a limited pipeline of best-in-class space, firms are increasingly facing a “stay versus go” dilemma: whether to absorb rising occupational and fit-out costs to relocate, or adapt existing space to meet changing workplace demands. As competition intensifies, occupiers are being pushed to make decisions earlier and rethink how their offices support talent, flexibility and long-term growth.
Read our latest report on the Legal Sector, the market dynamics and our views on whats next for the legal sector.
We had a fantastic time at our recent JV quiz evening with Farebrother, Tuckerman and USP.London. Set against a sunny evening backdrop, the event brought everyone together for a lively and engaging night of friendly competition.
Hosted brilliantly by Mark Anstey, the quiz featured a great mix of music rounds, general knowledge, and a picture round – along with some seriously challenging bonus questions that kept everyone on their toes and battling for extra “lives” ahead of the final all-or-nothing round.
It was a night full of energy, teamwork and plenty of laughs. A great opportunity to connect across all three companies and enjoy some time together.
To read the full office market report please clickhere
Market Overview
Take-up – Quarterly take-up reached 355,627 sq ft, representing a 16% increase quarter-on-quarter, although it remains below the long-term quarterly average.
Availability – Availability levels fell marginally, down 4% quarter-on-quarter. While still elevated by long run trends, they are now at their lowest level since Q4 2021.
Demand Trends – Overall demand has remained broadly stable but an increase in space under offer suggests that occupiers are progressing decisions, albeit at a measured pace.
Development – Development activity is the standout trend this quarter. There were seven new starts, totalling 817,000 sq ft, marking the largest volume of speculative space ever to commence in a single quarter.
Investment Activity – Investment activity saw a slow start to the year, with just six transactions completing during the quarter.
We’re delighted to welcome Tara Larsen to Farebrother, who joins us as a Graduate Surveyor.
It’s great to have Tara on board as we continue to be busy with an exciting year ahead.
Welcome to Farebrother Tara!
Quarterly Market Snapshot
Take-up: The final quarter recorded the lowest take-up of the year, bringing annual volumes to their weakest level since 2021.
Demand Trends: Despite subdued take-up, demand steadily increased throughout the year, particularly for best-in-class space.
Constraints on Decisions: A shortage of high-quality options and economic uncertainty around the November Budget delayed occupier decisions.
Availability: Overall availability has seen little change, as larger occupiers focus on future pipeline opportunities.
Development Pipeline: While delivery remains restricted, the final quarter of the year saw the largest quantum of speculative space commence construction.
Investment Activity: Activity has ticked up but remains below long-term averages.
Dive deeper into take-up trends, occupier behaviour, and future supply in our latest report. READ HERE
Despite a challenging property market, demand for heritage assets remains strong.
Farebrother has successfully closed several transactions involving period buildings, proving that well-located, characterful properties continue to attract committed buyers – even when refurbishment, planning hurdles, and listed status add complexity.
Our recent deals highlight the resilience of this sector and our ability to unlock value for clients. These successes reflect persistence, deep market knowledge, and strong professional networks.
Connect with us to discuss your next investment strategy.
Retail market shows signs of a recovery amid continued caution
The Midtown retail and leisure market is showing signs of improvement, but success hinges on practical tenant and landlord strategies and realistic expectations.
To accelerate recovery, landlords should prioritise letting vacant units and focus on occupancy, anticipating that rental growth will follow as market conditions strengthen.
Five-day footfall is essential for many sectors, Mondays are improving but Fridays remaining weak.
Landlords are encouraged to seek out new opportunities, including start-ups and innovative concepts, and to remain open-minded in their approach to filling voids and revitalising the market.
Opportunity within redevelopment schemes is critical for an improving market.
Farebrother Expands with Appointment of Tom Brammeld as Partner
Farebrother is delighted to announce the appointment of Tom Brammeld, formerly of JLL, who will join the firm as a Partner in January 2026.
Tom brings extensive experience in the central London office market, advising a broad range of investors, developers, and occupiers on disposals, acquisitions and asset and portfolio strategy. During his 20 years at JLL, he played a key role in several high-profile projects, building a reputation for combining deep market insight with a collaborative and client-focused approach.
His arrival strengthens Farebrother’s continued commitment to delivering market-leading advice across London’s commercial real estate landscape. Tom will work closely with the partnership group to further enhance the firm’s agency, advisory, and strategic offerings.
Charlie Thompson, Senior Partner at Farebrother, commented:
“We are delighted to welcome Tom to the partnership. His expertise, energy, and strong client relationships perfectly complement our ambitions for growth. Tom’s appointment reflects Farebrother’s ongoing investment in exceptional talent and our dedication to delivering best-in-class advice to our clients.”
Tom added:
“I’m thrilled to be joining Farebrother at such an exciting time for the business. The firm’s reputation, cultureand depth of market knowledge are second to none and I look forward to contributing to its next phase of growth”.
Business Rates
The Government has done it again, threatened lots of changes and come up with small changes that only make things more complicated. Reform is for another day – well in business rates terms that is for sure.
The world of business rates is notoriously difficult to explain to clients, colleagues and other intelligent people how a Rateable Value or worse still a rates bill is calculated is a tricky process. Throw in a Revaluation that comes into effect from 1st April 2026 and peoples’ eyes start glazing over and the interest levels start to fall away when you start explaining.
The Government has got out their box of sticky plasters that has been on the business rates shelf for a fair few years now, and they have tried to use the 2026 Revaluation as the event to give away the remaining plasters in the box.
Retail, Hospitality and Leisure sectors have been the loudest group unhappy with the system over the years and despite measures being taken to help with 3 yearly revaluations and temporary reliefs, they have got another benefit this time of a permanent fix with a lower Uniform Business Rate (UBR) for their sector than any other.
The methodology of the rates system has two different parts that are key – every bill is derived from an actual Rateable Value and the Multiplier. It has been relatively simple multiply the two together and that gives your rates payable. Both have now been announced but, and we know there is always a but, the Government have decided to have 5 different UBRs and they have also brought in a new Transitional Relief scheme that, as with all these schemes is designed to balance the Government’s books.
So, it is no longer that simple and that makes the first role of the adviser to help budget as to what the actual bill that will be issued in March 2026 will be.
Why so many multipliers? It used to be small and large properties as the Government wanted lower rates paid by small businesses, and that principle remains but there are now different multipliers for Retail, Hospitality and Leisure properties – essentially a 5p in the pound discount is made if a property falls into this RHL category. To fund this the Government have determined that large properties those with a Rateable Value over £500,000 will pay a higher multiplier. The news is better than feared as an uplift of 10p had been mooted so 2.8p is a mighty relief to many.
There is also a Transitional Relief Scheme in place, that is shiny and new and different to those in previous Revaluations. There will be some that benefit from this depending on size and increase in rates liability, some sectors will be affected more than others, for offices in Central London very few will qualify for transitional relief.
But the bad news is that everyone else ends up paying higher rates bills with a new 1p supplement. So, sharing the pain is for all! Coupling this with Crossrail supplements, Business Improvement District Levys and in the City of London supplement that was meant to be temporary make a myriad of different levels of multipliers that occupiers will be paying. Your rates bills are going to be like a shopping list of charges.
Yes, there is good news the multipliers are coming down:
2025/26 Large multiplier is 55.5p and Small multiplier is 49.9p
2026/27 Large multiplier is 48.0p and Small multiplier is 43.2p
RHL occupiers will be 5p lower at 43.0p and 38.2p
Large occupiers will be at 50.8p
What about your Rateable Value?
These have now all been published on the Government website and everyone can see how their 2026 Rating List entry compares with their 2023 Rating List value. Early investigations suggest that buildings have been valued on the usual schemes of valuation and many have remained approximately the same or risen by a small amount. There will of course be exceptions, and we have spotted buildings that look over assessed, underassessed and those that are about right. Each case needs to be investigated and a strong determined as to whether to check challenge and appeal or do very little. The world of cold callers will find a new lease of life and promise savings across the board, but you need to be careful as challenges can and have led to values increasing.
On the whole in Central London, we would expect rate liabilities to increase even with the reduction in the UBRs the supplements and Levys all add up and will be a challenge for occupiers to firstly understand let alone afford to pay. In a world where you are constantly being asked to check things whether it be health, or wealth – we would thoroughly recommend you get your business rates assessment checked out to ensure you are budgeting for the right number when that shopping list rates bill lands on your desk. Your occupational costs of rent rate and service charges need to be looked at to ensure you are not overpaying on one element of your property costs. Action may be required to be taken Contact David McCausland and Malcolm Brackley for more details .
Quarterly Market Snapshot
Take-up: 456,382 sq ft this quarter – below the long-run average, but YTD at 1.7m sq ft, above the five-year trend.
Market mix: More balanced split between new/refurbished and second-hand Grade A space letting.
Availability: At its lowest level this year, but challenging for both Occupier and Landlord.
Geography: The East-West divide widens – EC4 vacancy now the lowest since 2021.
Development: Two new starts, including the paused Xylo scheme; pipeline remains extremely light post-2026.
Investment: Activity still subdued, but signs of renewed momentum.
Dive deeper into take-up trends, occupier behaviour, and future supply in our latest report. READ HERE
Farebrother introduced and assisted on the acquisition of 7-9 Breams Buildings on behalf of Jury O’Shea LLP
Growing law firm Jury O’Shea LLP has just completed the purchase of a freehold office building at 7-9 Breams Buildings, just off Chancery Lane, from the Royal College of Emergency Medicine (“RCEM”). The building will be refurbished by Jury O’Shea and become its new City HQ, when it moves from its current location in Whitefriars Street, Blackfriars in Q1 2026.
The vendor was the Royal College for Emergency Medicine who had occupied the building previously, before consolidating into its main premises at Octavia House, Southwark.
The price paid was £3.56m, for the 7,000 sq ft property, representing around £508 per sq ft.
James O’Shea, Senior Partner of Jury O’Shea commented “We are delighted to have been able to purchase rather than rent our new HQ. Both the vendor and professional teams were a pleasure to deal with, and we are excited for this next chapter for the firm”.
Gryphon Property Partners acted for the Royal College of Emergency Medicine. Polar Green structured the overall transaction for the purchaser, with Farebrother helping source the opportunity and acting jointly on the purchase, whilst Pinnacle provided Building Services advice.
Jury O’Shea has grown steadily over the last two years, from c.40 lawyers to c.90 lawyers with a total headcount of c.135. It specialises in the following practice areas; real estate, litigation, employment and private client as well as corporate and insolvency, and has further offices in Brighton and Bristol RCEM, whose Patron is HRH The Princess Royal, was established to advance education and research in Emergency Medicine. The College is responsible for setting standards of training and administering examinations in Emergency Medicine for the award of Fellowship and Membership of the College, as well as recommending trainees for CCT in Emergency Medicine.
Midtown’s momentum as a headquarters (HQ) destination continues to accelerate.
Home to global corporates like Goldman Sachs and Deloitte, alongside digital leaders such as TikTok and LinkedIn, the area offers an exceptional mix of tenants. Anchored by Farringdon station, Midtown’s connectivity fuels demand from east to west, with over 20,000 new employees expected to arrive in the coming years.
With limited supply and over 4 million sq ft of active requirements, the race is on for prime HQ space. Farebrother is tracking the next wave of major developments – transformational schemes that will shape Midtown’s future. Whether you’re a developer, occupier, or operator, now is the time to unlock the opportunity.
City Agents Club Summer Tennis Tournament Champions!
After competing in some exciting group stage matches over the summers months, the finals of the City Agents Club Summer Tennis Tournament took place on Friday, 5th September at St. Botolph Tennis Court near Liverpool Street.
The Farebrother duo, Matt Causer and Tom Woolstencroft, proved unstoppable. After battling their way through the competition, they brought their very best to the final – and what a match it was!
Facing off against the formidable pairing of Danielle Kerindi (JLL) and James Taylorson (Ellis Brown Commercial), Matt and Tom dug deep, showing teamwork, grit, and plenty of flair and powered through to win a tense set 6–4 , securing the title of City Agents Club Summer Tennis Tournament Champions 2025!
A huge well done to all who took part in the tournament.
Key Findings from our Q2 2025 report :
Take-up reached 906,769 sq ft, the highest Q2 since 2013 & significantly above the 10-year average
48% of take-up was on space under construction, highlighting continued demand for quality stock
The Banking & Finance sector led take up, driven by State Street Bank’s purchase of 100 New Bridge Street (194,500 sq ft)
Availability remained relatively unchanged at 2.93m sq ft, (6.6% vacancy) due to a number of completions and high take-up of stock under construction
First signs of an East/West split on vacancy rates
The development pipeline contracted by 10% to 2.9m sq ft, but 70% of that is pre-let or under offer, a record high for the third consecutive quarter
The lack of significant new starts highlights a potential future supply gap if development starts don’t accelerate
Investment volume reached £495m across 8 deals – the highest quarterly volume since Q1 2023
Farebrother is proud to announce the promotion of Ann Ibrahim to Partner.
Ann’s contribution to the firm has been significant since joining Farebrother in 2019 as Head of Research. Her commercial mindset and deep sector knowledge makes her an important part of our “trusted advisor” approach to clients. She has played a pivotal role supporting all fee earners across all parts of the practice. As Head of Farebrother’s Research, Ann has shaped the way we report commercial real estate data to clients and contacts on a quarterly basis. Our data covers trends in office and retail take up, current and future office availability, office demand and capital market transactions.
Ann’s leadership on our research has earned her the trust of both clients and colleagues. She is deeply committed to mentoring the growing talent within Farebrother and driving forward a supportive working culture.
Commenting on Ann’s promotion to Partner, Charlie Thompson, Managing Partner said “Ann is an outstanding professional who has grown with the firm and the values we stand for. Her promotion is richly deserved and we know that she will continue to deliver positive impact to Farebrother and its clients going forward”.
Speaking about her promotion, Ann Ibrahim said “I am thrilled to have been promoted to Partner and to be recognised for the strengthening of our research capabilities. I am excited to continue to support everyone at Farebrother and look forward to playing a greater role across the firm”.
Since the end of March, we’ve let, sold or acquired over 240,000 sq ft of office space across 26 deals throughout Central London.
One of the great things about this profession is the complete array of instructions that we act on and clients who we act for – these deals range from 240 sq ft to 35,000 sq ft, and almost everything in between, acting for 24 different clients from Funds to Charities and Legal Firms to Architects.
From Holborn to the wider Midtown and Central London market, our team continues to deliver results for landlords, investors and occupiers who rely on our deep market knowledge, long-standing relationships, and hands-on approach.
Farebrother Annual Tennis Tournament
June 2024
Our annual Farebrother tennis tournament took place last week at Lincoln’s Inn Fields tennis courts.
Congratulations to the pairing of George Fisher and Richard Yianni who secured this year’s title in a tie-break after a closely fought final.
Team Farebrother
The 2025 TT Group Five-a-Side Football Tournament took place on Thursday, 8th May at Goals in Birmingham, with 17 teams competing for the coveted cup title.
After a challenging start – with two losses and a draw – Team Farebrother (comprising Harvey our team captain, Emily, Ann, Tom, other Tom, Matt and Neil) progressed to the Plate knockout stages.
From there, we found our rhythm, winning our next two matches to secure a place in the semi-finals. The semi-final proved to be a nail-biting affair, ending in a dramatic penalty shootout that saw us through to the final!
The final was tense and hard-fought. Although we missed out on victory, we were incredibly proud to reach the final – our best performance in the tournament to date. Well done to winners Contral Alt Elite.
We were honoured to receive our medals and trophy from special guest Martin O’Neill, who then shared stories from his illustrious football career and answered questions from the audience.
It was a fantastic day all around. Huge thanks to TT Group for hosting a brilliant tournament.
The Midtown office market has seen notable changes in the first quarter of 2025:
Take-up levels were muted after a strong end to 2024, but demand strengthened with a 33% increase in named requirements and over 1 million sq ft currently under offer.
Availability rose slightly as new developments completed construction, reducing the percentage of available fitted space.
The pipeline is tightening, with 63% of future space already pre-let, showcasing occupier confidence and demand for quality spaces. Limited development post-2026 is expected to drive further pre-letting activity.
The investment market showed signs of improvement, with more buildings launching or exchanging contracts, though transaction volumes remained low during the quarter.
📖 Read our full report here to gain deeper insights or do get in touch with Ann and Jules to discuss further.
A New Chapter for Obsolete Offices
The hotel sector in London is proving to be a robust asset class, with over £3.1 billion invested in 2024 alone. As London remains a key destination for business and leisure, we’re witnessing a positive trend: the transformation of outdated office buildings into a variety of hotels – big, boutique, luxury and budget.
Read our Spotlight on hotels to find out more, do get in touch with Ann and Jules to discuss our research further.
In collaboration withTank Storage Association our Head of Rating, David McCausland, is joined with Martyn Lyons, Independent Director at the Tank Storage Association, on Terminal Talks, to discuss business rates and consider plant and machinery rating. The podcast is available wherever you listen to your podcasts, including Apple Podcasts and Spotify, as well as on the Tank Storage Association’s website.
Congratulations to our team who have WON a number of categories for Midtown in the Annual CoStar Awards:
* Most active disposal agent (number of deals) * Most active single branch agency acquisitions & disposals (sq ft) * Most active single branch agency acquisitions & disposals (number of deals)
We’re very proud of our excellent team and look forward to an active Midtown in 2025 and beyond.
And who says there’s not enough in-person socialising?
Great to see many of the younger agents attend our office for some light networking and catch-up. Not a chaperone in sight! Thanks to Harvey and Tom for organising.
It has been a pleasure to host clients in our office where we shared the trends of the final quarter 2024 and where 2025 could see the Midtown office market.
If you’d like to find out more about our research you can read our Q4 snapshot here, or do get in touch with Ann and Jules.
It’s great to see our team top of the EGi Radius Midtown office lettings (by number of deals) leaderboard for 2024.
With 47 leasing and acquisition deals (totalling 239,361 sq ft) we are proud of the hard work our team continue to do.
Special mention to Mark Anstey and Matt Causer who are in the top 3 individual dealmakers for number of deals in Midtown in 2024.
Well down to all agents contributing to make Midtown great!
As the year closed, the Centre of London office market achieved its highest quarterly take-up in 2024, with over 1 million sq ft of space taken in Q4 – only the second time in a decade!
Despite this strong finish, annual take-up fell below the 10-year average, reflecting a challenging year overall. Read our latest research hereto discover the key trends and more from the last quarter of 2024.
Do get in touch with Ann or Jules for an in-depth chat about our research.
Thanks to EG who mentioned our research, which can be read here.
We’ve been busy! Our team conducted 600 viewings in 2024, averaging 50 per month.
March was our busiest month with 82 viewings, followed closely by October with 81.
Well done to our Amelia who conducted the most viewings.
We’re committed to helping our clients find the perfect office space in central London in 2025 and beyond. Contact us today to discuss your requirements.
Well done team!
Repurposing London’s Office Market: Challenges and Opportunities
The London office market is in a period of transformation. While demand for *best-in-class* office space remains robust—with 60% of 2024 take-up targeting premium buildings and over 1M sq ft currently under offer—secondary, poor-quality stock is driving office availability to a 13-year high.
This presents both a challenge and an opportunity for us in commercial real estate professionals.
Read our latest Centre Stage “Life after the office” for key trends and the bigger picture here.
Congratulations to all the teams that took part and the winners who took home an amazing plastic trophy!
We are top of the EG leaderboard for year-to-date deals done by sq ft in Midtown.
Leasing over 160,000 sq ft to date including deals at The Kodak, 33 Kingsway, 3 Dorset Rise, Burleigh on the Strand and many others.
As a long-standing independent firm, we are so proud of the team who work incredibly hard behind the scenes to bring quality and expert advice to our clients and incoming occupiers.
It was an absolute pleasure to participate with the City vs West End Rugby and Netball last week.
Our Harvey and Tom K participated in the rugby and compere for the evening was our very own Charlie Thompson. A very well done to all agents in City and West End who did the running around! Congrats to the City who won both games.
Special thanks to Nick Patterson of XIX for his massive efforts in leading a well organised special event, as well as Richmond Rugby for hosting at their grounds.
Thank you to sponsors Brookfield Properties, LandSec, Oktra, Area, Quarterback and Kato; also thanks to Gareth Vaughn Jones for refereeing, Ben Fisher of USP, Akuma Rugby and the awesome City and West End Agents Societies.
Much needed awareness and funds were raised for ELHAP and Muscular Dystrophy
They are fantastic ambassadors for Farebrother and we are so very proud of them both.
Do join us in congratulating Amelia and Emily on their well deserved promotions.
Out of Midtown and into…Shoreham-on-Sea for our annual Farebrother team away trip!
The Farebrother team spent a fantastic couple of days enjoying the stunning scenery, sunshine, a couple of dips in the sea, plenty of eating and drinking and just having fun and enjoying each other’s company.
When we all work so hard the rest of the time, it’s really important to get out of the office and spend some quality time together.
Many congratulations to our Lease Advisory Partner Malcolm Brackley, who celebrates 25 years at Farebrother today.
Celebrating the big man today, our Managing Partner Charlie Thompson.
We’re wishing Charlie many congratulations on his 25-year work anniversary at Farebrother…and the very best wishes on his milestone birthday!
Today we surprised him with a “client lunch”.
It was an absolute pleasure to take part in the Coram’s Fields Play Day.
With over 3,000 attendees throughout the play day, a number of our team volunteered at the well-organised Play Day!
From dressing up as a Minion or Mickey mascot, to assisting the inflatable obstacle course, our team helped ensure the play day ran without hitch to the many familes who came and had lots of fun at Coram’s Fields.
Coram’s Fields is a is a children’s only park and playground and is open all year round for children under 16 years old. They run fantastic community events all year round – we highly recommend getting involved.
Thank you Coram’s Fields for having us – see you again next year!
(images via Coram’s Fields used with permission)
We are top of the EG Radius Midtown office table as lettings top contributors in Midtown by no. of deals.
It’s been a magnificent team effort with 25 deals done totalling over 109k sq ft. It’s great to be in the mix with the firms that are actively working toward a thriving Midtown market.
We are also thrilled to have four of our agents in the top ten individual contributors with deals done in Midtown.
There’s more to come!
Do get in touch with our leasing team to discuss any of our deals done, or if you are searching for quality office space in the Midtown area.
Our Q2 Centre of London research is now available.
We provide a snapshot of the market, availability and vacancy in Midtown; also development and more.
The workspace (5,308 sq ft) is part of a redeveloped 60,000 sq ft building which has a stunning central atrium with new remodelled reception and entrance, and includes new end-of-journey facilities and on-site gym.
33 Kingsway is expected to achieve a BREEAM Excellent certification, and has already secured a Platinum Active Score accreditation, with on-floor EPC B ratings being achieved as part of the building’s conversion to fully electric energy sources.
It’s been great to work with Trinova Real Estate LLP on this stunning building and our joint agents JLL. We look forward to welcoming Property Market Analysis to 33 Kingsway.
Our Olympic Squad assembled and ready to conquer the Canary Wharf Sports Day.
Well we assembled took part!
A great day was had by all – great weather.
Well organised event by Canary Wharf Group – same again next year please!
It was an absolute pleasure to host our annual tennis tournament with our colleagues and clients last week in Lincoln’s Inn Fields.
Thank you to The Duchy of Lancaster, Pulsar, Armstrong Teasdale, USP, Hines, GMS Estates, Dorrington, Clearbell, CEG and Seaforth for a fantastic tournament – we’re so glad the rain held off!
Matthew Causer said: “What a wonderful way to spend an afternoon watching some fantastic tennis culminating in a superbly fought final between Hines and Dorrington.
Congratulations to our winners Hines – very well played! Roll on Wimbledon.
Until next year! 🎾
Executive Assistant Maternity Cover Position (9-12 months)
Office based, 3 days per week (Tuesday – Thursday)
Are you an experienced EA looking for a role within a small team?
Do you thrive in a fast paced and dynamic environment?
If so, we want to hear from you!
Farebrother are looking for an Executive Assistant for maternity cover to support our company’s Equity Partners and wider team. We are looking for someone who is well-organized, has great time management skills and can work both collaboratively and independently.
You will work closely alongside the Managing Partner and five Equity Partners, managing general office administration and sharing a variety of responsibilities including finance, HR and compliance.
Based in our Central London office 3 days a week, this role is perfect for a motivated professional looking for a part-time temporary position.
This is a 9-12 month maternity contract starting in late July/early August 2024 for a full handover. The ideal candidate will have had at least three years’ experience in a PA/EA role, preferably within the real estate or property industry.
Farebrother are an independent real estate partnership made up of six Equity Partners and 10 employees and consultants. The role offers a fun and relaxed working environment, with scope for the ideal candidate to really make their own mark.
For a detailed description of the role, requirements and salary and benefits please click here.
Deadline for applications is 5pm, Monday 17th June.
We’re loving Lincoln’s Inn Fields at the moment!
Having recently let fully fitted workspace on the 4th floor at 4 Lincoln’s Fields we also have c. 8,000 sq ft available at 38 Lincoln’s Inns Fields.
A short distance to Holborn tube station, and the eclectic delights of the Covent Garden neighbourhood across the road – the workspace on the 3rd floor is fully fitted with access to on-site cafe and an amazing venue/conference facility on the 6th floor known as The View run by Searcy’s.
Lincoln’s Inn Fields is the largest public square in London with tennis courts and lots of green space to soak up the sun. The new Pear Tree Café has recently opened, where a glass of Pimm’s whilst watching the tennis wouldn’t go amiss!
Do get in touch with our team to arrange a viewing of no.38 or to discuss the deal at no.4 in detail, or if you want to catch up for a glass of rose.
Thank you to the TT Group for hosting Farebrother and USP at their annual football tournament in Birmingham.
After an impressive start, we qualified into the cup knockout stage of the tournament.
It was great to hear from guest speaker Neil ‘Razor’ Ruddock!
An improvement on last year’s finish in the tournament and the team have already begun training for next year!
Our team are top of the Q1 EG Radius Rankings in Midtown through number of deals transacted and total sq ft.
It is also great to see two of our agents in the top 3 individual dealmakers in Midtown (deals transacted) – well done to Lili Devonald who tops the table, followed by Matthew Causer (3rd).
Well done to all who contribute to a thriving Midtown.
Do get in touch if you would like to receive our insights or for our team to present our findings to you.
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.
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.
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.
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:
Excellent written and verbal communication skills
Problem-solving skills with a logical and analytical approach
A keen eye for detail and accuracy
Strong organisational and time management skills
An ability to work autonomously or as part of a team
A RICS accredited degree
Relevant experience in the real estate industry would be beneficial
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.
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.
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.
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.”
A great evening of friendly competition between Farebrother’s JV partners Tuckerman andUSP.London took place last week. With quiz masterMark 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 withAnn 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.
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
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.
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 incredibleNew 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.
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
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?
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.
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
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.
There is a huge array of companies who have made London’s Midtown their Global, European or UK Headquarters.
Readhereour 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
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 toAnn 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.
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
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.
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.
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.
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.
We would be delighted to provide more in-depth analysis and insight on the market; please do get in touch withAnn 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.
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.
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
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.
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.
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.
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.
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