February 23, 2021
CBRE acquires 35 percent stake in flexible office provider Industrious
CBRE Group has announced the acquisition of a 35 percent interest in Industrious, a provider of flexible office space, which will also see CBRE’s existing flexible workplace firm Hana absorbed into Industrious. CBRE is now Industrious’ largest shareholder. In addition, CBRE is expected to acquire an additional 5 percent of Industrious in the coming weeks, which would result in a 40 percent total stake. The investment significantly increases CBRE’s participation in the flexible workplace sector and positions the company to meet rising demand from occupiers for agile space solutions — a trend that is being accelerated by the Covid-19 pandemic. More →
Generating £27.8 billion gross value added annually, and employing more than 360,000 people, the West Midlands is the UK’s largest centre for business, professional and financial services (BPFS) outside London. Now, business leaders from Shoosmiths, Wesleyan, Bruntwood CBRE amongst others, are working with the region’s just under 12,500 leading tech and digital companies to see how they can integrate AI and advanced technology into their everyday activities. 
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Avison Young, realestateworks and HLM Architects have launched 
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Climate change has accelerated the urgency to address the way people live and work. With the UK’s aim to become carbon neutral by 2050, 
The physician can bury his mistakes,—but the architect can only advise his client to plant vines. Frank Lloyd Wright’s eternal epigram is not just true for buildings. It also applies to the authors of books, especially those on the subjects most affected by this year’s pandemic. Speakers and blog writers can quietly inter the things they get wrong, while the book sits unchangeable on a shelf. Maybe behind a houseplant.
Unused office space after coronavirus could cost London-based businesses almost £13 billion according to a new report by 
Nearly half of respondents in a global survey reported stronger occupier and investor demand for commercial properties with green building certificates. This translates into higher rents according to the 
