Take up of office space in West End stays strong, but supply continues to decline

Take up of office space in West End stays strong, but supply continues to decline

Demand for commercial office space in central London has remained above the long-term average, with the amount of space under offer increasing, though the level of supply in the West End has continued to decline, according to the latest figures from Savills. Take-up in April reached 275,473 sq ft across 24 transactions, bringing take-up for […]

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Office take-up in London at highest point in last 12 months, boosted by pre-let activity

Office take-up in London at highest point in last 12 months, boosted by pre-let activity

Central London commercial offices under offers are at the highest point in the last 12 months and take-up is ahead of 2017 levels compared with this point last year, new data from CBRE has shown.  Central London office take-up for April 2018 stood at 547,900 sq ft, largely driven by pre-letting activity. Office take-up for […]

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Manchester incubator aims to develop region’s strength in tech and research

Manchester incubator aims to develop region’s strength in tech and research

Manchester Science Partnerships (MSP) has opened its new £2m tech incubator which it hopes will help create up to 2,000 jobs in data science and technology innovation companies over the next decade. Reflecting the ambitions of the updated Greater Manchester strategy to build on the city region’s strengths in technology and digital innovation, the incubator will […]

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London’s tech startups and SMEs shift focus from normal hotspots to migrate South of the river

London’s tech startups and SMEs shift focus from normal hotspots to migrate South of the river

Hubble, an office and coworking marketplace, has published new data which it claims shows that tech startups and other growing SMEs in London are leaving the capital’s best known tech hotspots, including Shoreditch and Soho, for south of the river.  Hubble’s search data suggests that London Bridge (29 percent of all searches) is the most […]

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Manchester offices dominate BCO Awards for North of England

Manchester offices dominate BCO Awards for North of England

Manchester based businesses dominated the annual British Council for Offices (BCO) regional property sector awards dinner held in Manchester at the end of last week.  Shoosmiths LLP, Hilson Moran, Neo and The Bright Building all being recognised as some of the best workplaces in the North of England.  Other workplaces across the North of England that […]

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Commercial property lending surged in the second half of 2017

Commercial property lending surged in the second half of 2017

Commercial property lending in the UK surged at the end of last year, according to the latest figures from Cass Business School. New commercial property lending overall reached £44.5bn for the whole year, equalling figures for the previous year. Commercial lending had dropped by 24 per cent in the first half of the year, however, […]

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Canada leads the way in worldwide surge in adoption of green buildings

Canada leads the way in worldwide surge in adoption of green buildings

Major metropolitan office markets across the globe are seeing a significant increase in the adoption of green building certification programmes, according to the inaugural International Green Building Adoption Index (IGBAI) – a study by CBRE and Maastricht University. The study reports that 18.6 percent of space in 10 markets across Australia, Canada and Europe is now certified green versus just […]

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WELL Building Standard increases adoption rate in Europe

WELL Building Standard increases adoption rate in Europe

The International WELL Building Institute (IWBI) claims that its WELL Building Standard has now been adopted in more than 780 projects worldwide, covering 147 million square feet of real estate in 32 countries. In Europe more than 170 projects across 13 countries are applying WELL, representing a quarter of of global project square footage. According to the Institute, […]

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Best workplaces in London honoured at the British Council for Offices annual Regional Awards

Best workplaces in London honoured at the British Council for Offices annual Regional Awards

Five businesses celebrated success last night, with Bloomberg, White Collar Factory, Havas UK, Here East and 10 Lower James Street all recognised as some of the best workplaces in London at the British Council for Offices’ (BCO) regional awards. The BCO’s awards programme claims to recognise the highest quality workplaces and sets the standard for […]

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Working from home and the future of work. How quaint

Working from home and the future of work. How quaint

In 1962, a professor of communication studies called Everett Rogers came up with the principle we call diffusion of innovation. It’s a familiar enough notion, widely taught and works by plotting the adoption of new ideas and products over time as a bell curve, before categorising groups of people along its length as innovators, early […]

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Demand for commercial office space in London’s West End at highest level for six years

Demand for commercial office space in London’s West End at highest level for six years

Take up of commercial office leases in London’s West End had its strongest start to the year since 2012, with the banking and finance sector continuing to actively seek space, new figures from CBRE have revealed. The amount of office space under offer on in Central London at the end of Q1 2018 stood at […]

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Number of skyscrapers under construction in London tops 500 for first time

Number of skyscrapers under construction in London tops 500 for first time

The number of skyscrapers being built in London has exceeded 500 for the first time, raising fears of further damage to the capital’s skyline. There are 510 towers of more than 20 storeys under construction or in the planning process, more than ever before. That is a rise of 12 per cent on a year […]

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