Construction sector loses patience with Brexit indecision

Construction sector loses patience with Brexit indecision

Activity in the construction sector rose in the second quarter of the year, despite concerns that political uncertainty surrounding Brexit was holding back investment. The Royal Institution of Chartered Surveyors claims that the market has lost patience with the lack of clarity over Brexit and that clients were beginning to push ahead with projects, albeit […]

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CoreNet Global Summit to focus on workplace experiences

CoreNet Global Summit to focus on workplace experiences

Corporate real estate and workplace association CoreNet Global has announced that its Global Summit taking place in Amsterdam in September will examine the role that corporate real estate can play in leading, creating and fostering experiences that enable business success. The Summit, Amsterdam, which takes place this September, expects to bring together more than 650 […]

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New BCO specification guide addresses “exponential times”

New BCO specification guide addresses “exponential times”

The British Council for Offices (BCO) has published its new Guide to Specification, which provides guidance on industry standards for workplaces across the UK. The Specification Guide, last published in 2014, sets out to help office developers address the key issues for the UK workforce in the coming decades, namely wellbeing, technology and sustainability. The […]

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HMRC extends deal for new London hub

HMRC extends deal for new London hub

Her Majesty’s Revenue and Customs (HMRC) today completed the topping out at the 12-storey office where HMRC will establish a new Regional Centre. HMRC has also leased a further 58,000 sq. ft. to become the sole tenant of the 300,000 sq. ft. development next to Westfield Stratford City. The topping-out ceremony was attended by senior […]

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Commercial property investors losing appetite for UK

Commercial property investors losing appetite for UK

Enthusiasm among international investors for the UK commercial property market has continued to wane over the past quarter, according to BrickVest’s latest commercial property investment barometer. According to the data ,capturing the views of over 6000 international professional real estate investors, only 27 percent view the UK as their preferred market, a 4 percent fall […]

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Flexible office demand in Paris almost double the global average

Flexible office demand in Paris almost double the global average

Demand for flexible office space in Paris is almost double the global average, according to a report by Instant Offices. With demand for office space on the rise in Paris, serviced offices have seen a 26 percent increase while hybrid space has seen a 23 percent increase. While the city ranks fourth globally by the […]

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WeWork completes largest office deal in Birmingham this year

WeWork completes largest office deal in Birmingham this year

WeWork has agreed a deal to take over all seven floors of Six Brindleyplace in Birmingham. The deal is the coworking provider’s third in the City this month alone, following deals for 55 Colmore Row and Louisa Ryland House, both in the Colmore Business District in the city centre. The deal for the 97,000 sq. […]

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Surge in demand for London office space

Surge in demand for London office space

May 2019 saw a total of 13.3m sq ft of London office space under construction across 98 developments. 60 percent of this space has already been let or is under offer, the highest level to be achieved in over 15 years. This is according to new data from real estate advisor CBRE. Take-up of office […]

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Flexible office revolution shows no signs of slowing

Flexible office revolution shows no signs of slowing

The latest research from JLL, Disruption or distraction, where next for the UK flex market sector, claims that the real revolution of flexible office space lies in the variety of solutions now on offer and that the market has seen more changes over the last three years than the previous 30 combined as it continues […]

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HSBC strikes 1000 desk deal with WeWork

HSBC strikes 1000 desk deal with WeWork

HSBC has agreed a deal to locate more than a thousand members of London staff in a WeWork coworking space in London. WeWork confirmed to the Financial Times that the bank has signed up for 1,135 desks at its new building at 2 Southbank Place.  The move is further proof of how coworking has become […]

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EDGE enters UK market with project on South Bank

EDGE enters UK market with project on South Bank

EDGE Technologies, the specialist developer best known for its groundbreaking  The Edge building in Amsterdam has announced its entrance into the UK commercial property market with the £50m acquisition of 60 St Thomas Street on London’s South Bank.  The acquisition is subject to planning permission, which EDGE will pursue in partnership with the seller. The […]

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London remains second most expensive office market

London remains second most expensive office market

Hong Kong Central and London’s West End held onto their top spots in a ranking of the most expensive office market locations in the world at $322 and $220.70 per sq. ft. per year respectively according to the latest Global Prime Office Occupancy Costs report from CBRE. The ten most expensive markets were the same […]

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