Best workplaces in London honoured by British Council for Offices

Best workplaces in London honoured by British Council for Offices

The British Council for Offices has announced the six winners of regional property awards for London and the South East of England. The winning entries, announced at a lunch at the Park Lane Hilton were Sky Central (main image), 8 Finsbury Circus, The Estée Lauder Companies, 20 Eastbourne Terrace, 67-71 Beak Street and Sea Containers […]

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Proactive approach needed to improve accessibility within the built environment

Proactive approach needed to improve accessibility within the built environment

Inaccessible workplaces are too common problem that disabled people face in accessing buildings and public spaces, and the Government must lead a charge in improving access and inclusion in the built environment, according to a report by an influential cross party committee published today. The Women and Equalities Committee’s Disability and the Built Environment inquiry […]

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WeWork extends property as a service offering as IBM takes on entire coworking building

WeWork extends property as a service offering as IBM takes on entire coworking building

In a deal of enormous significance for the commercial property and workplace sectors, IBM has agreed a deal with coworking giant WeWork to take on all the space at its 88 University Place office in New York. Although originally targeted at startups and freelancers, especially those working in the creative and technology sectors, a growing […]

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Commercial property lenders should drive sustainability through financial innovation

Commercial property lenders should drive sustainability through financial innovation

The commercial real estate finance sector is witnessing a dramatic shift in attitudes towards the issue of sustainability, according to a new report from the Better Buildings Partnership. It claims that major commercial property lenders are already exploring new opportunities that go well beyond traditional risk management through sustainability initiatives that ‘drive new business, strengthen […]

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UK government property agency opens bidding for huge estates framework

UK government property agency opens bidding for huge estates framework

The UK government has opened the tendering process the Estates Professional Services framework, the vast public sector property contract that covers all central and local government property and which reports claim is worth up to £430m in fees to the firms appointed. The bid is managed by the Crown Commercial Service, an agency sponsored by […]

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Despite Brexit, UK remains most attractive commercial real estate market

Despite Brexit, UK remains most attractive commercial real estate market

The UK remains the preferred region to invest in commercial real estate despite seeing a slight dip in popularity since Brexit, according to the latest BrickVest commercial property investment barometer. In March 2017 nearly one in three (30 percent) selected the UK as their preferred commercial real estate investment location, down slightly from 31 percent […]

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Rents start to surge in Australia’s thriving high rise commercial property market

Rents start to surge in Australia’s thriving high rise commercial property market

Australia can justifiably claim to lead the world in thinking about office design and management right now, but it may be coming at a cost as rents surge for high rise office space in its major cities. The cost of renting office space in the skyscrapers of Sydney and Melbourne (pictured) is rising faster than […]

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Demand for flexible office space is set to grow in London’s outer boroughs

Demand for flexible office space is set to grow in London’s outer boroughs

London’s office workers are looking for shorter commutes, demanding more collaborative and networking opportunities while at work and better access to green space, retail, leisure and wellness; all of which could present a huge opportunity for the less congested outer London boroughs, a new report suggests. According to Savills latest London Mixed Use Development Spotlight, […]

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Concerns mount as local government investment in commercial property hit £1.3 bn last year

Concerns mount as local government investment in commercial property hit £1.3 bn last year

Fresh concerns have been raised about the levels of investment by the UK’s local authorities in commercial property. New figures published by CBRE suggest that councils spent around £1.3 billion on commercial property in 2016, most of it borrowed from a Central Government scheme not designed for that purpose. The news is certain to raise […]

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Corporate occupiers turn to coworking space to keep down property costs

Corporate occupiers turn to coworking space to keep down property costs

Demand for coworking spaces is growing at an average of 10-15 percent per annum across all regions as firms look to cut their real estate costs by embracing the concept based on shared work spaces and collaboration. That is the key finding of a new report from Cushman & Wakefield. As the trend gains momentum, […]

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Commercial property investment in London’s West End at record high

Commercial property investment in London’s West End at record high

Despite its reputation as the most expensive office location on Earth, commercial property investment in London’s West End has hit a record high of £1.93 billion in the first quarter of 2017,  according to Cushman & Wakefield. The figure is up by 22 per cent on the five-year first quarter average, surpassing the West End’s […]

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America’s corporate occupiers streamline portfolios due to economic uncertainty

America’s corporate occupiers streamline portfolios due to economic uncertainty

While talent continues to reign supreme on the list of top concerns for US companies a growing number of respondents to CBRE’s annual Americas Occupier Survey cited economic uncertainty as a top challenge, up from 36 percent in 2016 to 52 percent. As a result, 87 percent of corporate occupiers report that they are managing […]

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