Mixed use development at Victoria Station named as the UK’s worst new building

Mixed use development at Victoria Station named as the UK’s worst new building

A mixed use scheme featuring two prominent towers next to London’s Victoria station has been named the UK’s worst new building from the last year. The Nova Victoria development, designed by PLP Architecture, was awarded the 2017 Carbuncle Cup – an annual competition organised by architecture website Building Design (BD) that recognises the ugliest buildings […]

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London’s commercial office market slows down as occupiers choose to stay put

London’s commercial office market slows down as occupiers choose to stay put

Following a period of stability over the last few quarters, despite the Brexit vote, London’s office market is increasingly coming under pressure, according to Clutton’s London Office Bulletin for Summer 2017. According to Ralph Pearson, Clutton’s head of commercial agency – this is due to reduced levels of occupier activity post Brexit where there is […]

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Leeds latest city to announce major new Government Hub

Leeds latest city to announce major new Government Hub

Following the announcement of new UK Government Hubs in Cardiff and Edinburgh, a total of 6,000 civil servants are to be relocated to a new Government Hub in Leeds in what is claimed to be the biggest ever commercial property letting deal in the city’s history. HMRC, working with the Cabinet Office, will take approximately […]

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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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Commercial property investment in central London hits ten year high, claims report

Commercial property investment in central London hits ten year high, claims report

Commercial property investment in central London has seen its strongest trading in a decade, according to Savills. The real estate adviser claims that over £2.3bn was invested in central London commercial property in July, with total turnover for 2017 to the end of July reaching £11.5bn, a 24 percent increase on the same period last […]

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New property scheme launched to cut the cost of empty space in NHS buildings

New property scheme launched to cut the cost of empty space in NHS buildings

A new scheme to help the NHS cut the costs of empty space in their buildings has been launched this week by NHS Property Services (NHSPS). Properties that qualify for the scheme must be deemed surplus to NHS requirements and may be re-let, disposed of or considered as a development opportunity. The new Vacant Space […]

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Mixed picture for European commercial property markets

Mixed picture for European commercial property markets

Investment in European commercial property fell during the first half of the year, despite the strong performance of key markets such as Germany, claims a new report from Knight Frank. Overall, commercial property investment stood at €43.3 billion for the second quarter of 2017 bringing transaction volumes for the first half of the year amounted […]

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UK serviced office take-up more than doubles in first half of 2017

UK serviced office take-up more than doubles in first half of 2017

Serviced office take up across the UK has increased by 176 percent in the first half of 2017, reaching 1.07 million sq ft compared to the same period in 2016, which saw 386,750 sq ft acquired, according to real estate adviser Savills. The firm claims that while Central London saw a significant increase with take-up […]

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I’ve got some real estate here in my bag

I’ve got some real estate here in my bag

Let us be lovers, We’ll marry our fortunes together. I’ve got some real estate Here in my bag. So we bought a pack of cigarettes, And Mrs. Wagner’s pies, And walked off To look for America. “Kathy”, I said, As we boarded a Greyhound in Pittsburgh, Michigan seems like a dream to me now.

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New eco coworking centre breaks ground in Oxfordshire

New eco coworking centre breaks ground in Oxfordshire

Construction has begun on a new zero carbon business centre at the Elmsbrook development in Bicester, Oxfordshire. PERCH, Elmsbrook is one of two new coworking spaces brought to Bicester by Cherwell District Council (CDC) and is subject to support from European Regional Development Funding. The 1,400 sqm building will span three floors and accommodate up […]

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Regional office market remains strong and embraces the co-working revolution

Regional office market remains strong and embraces the co-working revolution

The creative industries sector accounted for over a third 35 percent) of take-up in the regional office market in the first half of the year, with this sector in particular driving the co-working revolution and the provision of flexible office space. Latest figures in CBRE’s H1 2017 Property Perspective, which monitors the performance of ten […]

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Office sector undergoing transformational structural disruption in response to changing supply and demand

Office sector undergoing transformational structural disruption in response to changing supply and demand

Amid varying economic performances and property fundamentals, North American and European office leasing markets are generally performing well as they undergo an important shift in dynamics influenced by trends transforming both occupier demand and the supply of new product. Traditional drivers of demand are being joined by emerging disruptors that will increasingly shape the future […]

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