October 1, 2014
New London hotspots emerging as affordable office space runs dry
Flexible working initiatives such as hot-desking and home working have done little to dampen demand for the right office space, finds Cluttons in its latest London property outlook guide, which reveals very few areas of central London are now able to offer good office space for less than £40/sq ft. Echoing research by JLL earlier this week Cluttons reports that for the third quarter of this year current office letting activity was 17 per cent above the long-term average with more than almost 9m sq ft already acquired this year. Occupiers are showing a taste for larger offices, with a total of 21 transactions so far this year measuring upwards of 50,000 sq ft, accounting for a quarter of the space acquired. This is further eroding the supply pipeline, and is leading areas such as Aldgate and Whitechapel, Bethnal Green in the east, and Vauxhall in the south, to emerge as the next peripheral hotspots for those requiring offices on a more affordable basis.












Just a few days ago,
Given the track record of people when it comes to making predictions about the future, it’s easy to grow cynical, especially when it involves a profession as subject to the vagaries of technological and cultural change as facilities management. But while we should be wary of more fanciful and long term thinking, any natural scepticism shouldn’t blind us to those predictions that we know will largely come true, especially those based on what we know is happening already. For example, recent research carried out by Cass Business School and Henley Business School and presented in the book 


September 25, 2014
Why a more flexible approach to where and when we work is long overdue
by Sara Bean • Comment, Facilities management, Flexible working, News