Total take-up in London's City and Docklands office market for 2010 reached 7.6 million sq ft (706,000 m2), for the first time in five years, according to Cushman & Wakefield. This figure exceeds that of 2008 (6.6 million sq ft) and 2009 (4.6 million sq ft), giving encouragement to developers to push ahead with schemes over the next year.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
