UK’s digital leaders set to deliver £92 billion boost to economy

UK’s digital leaders set to deliver £92 billion boost to economy

A new report from Virgin Media Business and Oxford Economics claims that the UK’s ‘Digital Leaders’ are set to use digital technology deliver a massive boost to the UK economy in the very near future. The study of 1,000 companies employing 470,000 people claims that the UK economy could see an increase of 2.5 percent […]

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TfL to occupy first commercial property at International Quarter

TfL to occupy first commercial property at International Quarter

Construction is to begin this summer on the first of a number of office buildings planned for the second stage of the International Quarter, a £2.1 billion mixed-use development in Stratford in East London. Transport for London (TfL) has signed a pre-let with Lend Lease and London and Continental Railways (LCR) to occupy all of the space […]

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Microsoft named most attractive major employer to work for worldwide

Microsoft named most attractive major employer to work for worldwide

Microsoft has been voted the most attractive employer of the world’s top fifty companies. Over two thirds (67.8%) of respondents in the Global Randstad Award survey 2015, said they would like to work for the multinational tech company. The IT industry was revealed as the most popular sector by 69 percent of men and 70 percent […]

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Approval granted for new 27-storey office building at Canary Wharf

Approval granted for new 27-storey office building at Canary Wharf

Planning permission has been granted for a new 27-storey office building at 1 Bank Street, Canary Wharf in London. The new 700,000 sq ft office building will comprise office space, three levels of trading floors, a retail unit at ground level, a free-standing retail kiosk on South Dock Promenade, public realm, planting and landscaping and basement […]

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CBRE acquires facilities management business from Johnson Controls

CBRE acquires facilities management business from Johnson Controls

Property giant CBRE has reached an agreement to acquire the facilities management business of Johnson Controls for $1.47bn. The deal will see CBRE acquire the Global WorkPlace Solutions (GWS) FM arm of the business, allowing the new enterprise to manage nearly 5bn sq ft of commercial real estate worldwide consisting of 2.3bn sq ft in […]

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Workplace services provider to pay all staff the living wage

Workplace services provider to pay all staff the living wage

Services and facilities management group Sodexo has announced it is to join the Living Wage’s Service Provider Scheme and in future will report on and address the gender pay gap. It is part of its Public Service Pledge, an ethical manifesto for its contracts and conduct that includes a set of commitments aimed at ‘achieving a fairer and better […]

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Edinburgh and Manchester top UK’s regional commercial property markets

Edinburgh and Manchester top UK’s regional commercial property markets

With 2015 set to be a ‘stellar year’ for regional city growth, commercial property adviser GVA has compiled key statistics on Grade A office markets for the top nine UK cities. Manchester and Edinburgh topped the charts in terms of Grade A take-up in 2014, on 401,406 sq ft and 333,351 sq ft respectively, while […]

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£16.5m deal for office development at Moorgate Crossrail station confirmed

£16.5m deal for office development at Moorgate Crossrail station confirmed

Land Securities has confirmed it has bought the leasehold to the 1.9 acre site located at the western entrance to the Liverpool Street Crossrail station for £16.5 million. Plans for the site, at 21 Moorfields, EC2, which currently comprises vacated 1970s offices and a Transport for London (TfL) worksite, include two new buildings totalling approximately 500,000 […]

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Buoyant demand for commercial property across Europe, claims report

Buoyant demand for commercial property across Europe, claims report

Europe’s commercial property market ‘sizzled’ during 2014, according to a new report by Real Capital Analytics (RCA). Europe saw 213.1 billion euros of commercial real estate transactions in 2014, a rise of 13 percent over 2013. Paris led France to a 31 percent rise, although the French capital accounted for three quarters of demand. In contrast, demand […]

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Adobe completes refurbishment of central London offices

Adobe completes refurbishment of central London offices

Adobe has completed a refurbishment of the reception of its central London offices. The project includes new stone-clad walls and floor coverings to give the space an industrial feel by complementing the existing concrete floors and exposed internal pillars. Similarly, new carpet was specified in a ‘distressed’ finish. Bespoke elements of the design include the specially made reception desk […]

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New Hammersmith mixed-use scheme to accommodate 2,000 workers

New Hammersmith mixed-use scheme to accommodate 2,000 workers

Legal & General has appointed Land Lease Property to develop a £75 million mixed-use scheme on London’s Hammersmith Road. The development, designed by Sheppard Robson, will feature 242,000 sq ft of Grade-A office space over 10-storeys, which can house up to 2,000 workers. The office space has been designed to maximise natural daylight and features outdoor […]

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Bouygues wins £27 million office fit out contract in City of London

Bouygues wins £27 million office fit out contract in City of London

Bouygues UK has been awarded a major new design and build contract by developers Morgan Capital Partners LLP. The award comes hot on the heels of the handover of another major office refurbishment at 71 Queen Victoria Street, which is a stone’s throw away from the new site at 45 Cannon Street, in the heart […]

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