The Euston and King's Cross office market has changed dramatically over the past three years. Evolving from a fringe location bordering the West End and Midtown, it is now a credible commercial destination attracting blue chip corporations and international businesses. Enjoying access to excellent national and international rail infrastructure, British Land's Regent's Place and Argent's King's Cross Central schemes have pioneered high grade office development in the area and are pushing prime rents to new peaks.
Google's £1bn move to King's Cross
Most recently, Google has selected King's Cross for its 860,000 sq ft campus joining BNP Paribas, The Guardian and Macmillan Publishing Group amongst others. Longstanding West End occupiers Publicis Group are also rumoured to be considering the last phase of Regent’s Place for their London HQ.
115,000 sq ft leasing instruction in Euston
Our activity in Euston has involved a 115,000 sq ft leasing instruction at One Euston Square for the Euston Estate, the acquisition of 30,000 sq ft of offices on behalf of Serviced Office Group and the purchase of a 13,000 sq ft office building in King's Cross on behalf of the National Union of Students.
For a more detailed overview of the UK office market, read our Office Market Review 2013: Addressing Obsolescence
For our latest report of the UK property investment market, read UKIT Q1 2013