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Central London office leasing rises by almost a third in Q1 2021

Central London office leasing rises by almost a third in Q1 2021

central LondonAccording to proprietary research by DeVono Cresa (DC), Q1 2021 saw 1.6 million sq. ft of office space leased across central London, representing a 27 percent increase on Q4 2020. As lockdown restrictions in the UK are eased, demand, availability and rents across central London have all trended as predicted and led to a leasing landscape that benefits tenants reviewing their space needs. More →

More than half of international tech professionals looking beyond London

More than half of international tech professionals looking beyond London

professionalsA recent survey by Frank Recruitment Group, claims that more than half of tech professionals thinking about moving to the UK would consider choosing a city outside of London. Conducted by Frank Recruitment Group’s Salesforce recruitment arm, Mason Frank International, the survey asked over 1,800 IT professionals from around the world for their opinions on the tech jobs market, salaries, and benefits. More →

Milliken’s London showroom becomes first in the UK to receive Well Certification

Milliken’s London showroom becomes first in the UK to receive Well Certification

Flooring designer and manufacturer Milliken announced that it has been awarded WELL Certification at the Platinum level for its Clerkenwell Showroom by the International WELL Building Institute (IWBI). The prestigious distinction was awarded through IWBI’s WELL v2 pilot, the next version of the WELL Building Standard. WELL is the premier building standard to focus on enhancing people’s health and wellness through the buildings where we live, work and play. More →

Tech companies sign for space at British Land’s London campuses

Tech companies sign for space at British Land’s London campuses

British Land has leased over 30,000 sq ft of workspace at its London campuses to tech businesses Vorboss and Anaplan. Fibre provider Vorboss has chosen Broadwalk House, Broadgate for its new headquarters and will take 17,000 sq ft of plug-and-play space until 2025. They will join digital challenger bank, Monzo, who relocated its headquarters to the building in 2019. More →

International investors are dominating the London office market

International investors are dominating the London office market

marketThe latest London Office Market 2021 report by property consultants Bidwells, claims that investor interest in London based offices are starting to peak, with the market having a strong rebound from 2020. More →

London crowned the most desirable city in the world to work

London crowned the most desirable city in the world to work

LondonA new study on recruitment and workforce trends has crowned London as the world’s most desirable city to work in, with the UK capital holding onto the top spot, despite uncertainty around Brexit and the ongoing Covid-19 pandemic. More →

Workspace Show in London opens its doors for first time this year

Workspace Show in London opens its doors for first time this year

Workspace Show is an exciting addition to the global design events calendar, launching on 21 January this year, with the inaugural edition taking place from 4-5 November 2021 at London’s Business Design Centre, at the heart of the UK’s commercial interiors community. With a theme of ‘re-designing tomorrow’s commercial interiors together’ the show aims to unite architects, designers, developers, contractors, facilities managers, procurement managers and more in one place to explore and share the latest industry thinking from product launches to a comprehensive talks program to networking opportunities aplenty. More →

London commercial property market shows some resilience

London commercial property market shows some resilience

market

New analysis by McBains, of commercial property transactions worth £100m-plus completed in London over a 12-month period suggest a fall in the total value and volume of deals, but the market holding relatively strong in the face of COVID-19 and uncertainty over the UKs impending EU exit agreement. More →

Focus shifts to refurbishment as new office building in London falls by half

Focus shifts to refurbishment as new office building in London falls by half

office building and constructionThe construction of new offices in central London has declined by half (50 percent) in six months as developers and occupiers shift their focus to refurbishment, according to Deloitte Real Estate’s latest London Office Crane Survey. The crane survey analysed office building data over the six months to 30 September, and included a poll of London’s biggest developers conducted at the end of September. The total office space under construction in central London is now 15.1 million sq ft. This is similar to the level recorded in the previous survey (15.3 million sq ft, the highest since 2002) as developments are now taking longer to complete. More →

Plan submitted for London`s first net-zero carbon commercial property

Plan submitted for London`s first net-zero carbon commercial property

CarbonClimate change has accelerated the urgency to address the way people live and work. With the UK’s aim to become carbon neutral by 2050, CIT and Foster + Partners want to help realise this ambition sooner, submitting a planning application for London’s first ever net-zero carbon workplace and commercial hub at Colechurch House, on the banks of the Thames. More →

Vitra to move London showroom from Clerkenwell to King`s Cross

Vitra to move London showroom from Clerkenwell to King`s Cross

Vitra Dancing WallAfter 20 years in their Clerkenwell showroom, global design brand Vitra is set to move into a new space in Rolling Stock Yard, Kings Cross, which will open in January 2021. The temporary Kings Cross space will host a working installation looking at new office solutions for more flexible working. Vitra will open a new permanent UK flagship showroom in the Summer of 2021 and will announce the location in the coming months. The move comes as Vitra’s lease on its current Clerkenwell space draws to an end. More →

Unused office space could cost London businesses almost £13 billion

Unused office space could cost London businesses almost £13 billion

Office spaceUnused office space after coronavirus could cost London-based businesses almost £13 billion according to a new report by Space Three Two, a new office timeshare marketplace born out of lockdown. According to a survey of London office workers, employees want to spend an average of 2.7 days back in the office once all Covid-19 restrictions have been lifted. 1 in 10 workers said didn’t want to go back to the office at all. More →