Office leasing activity at Canary Wharf has risen sharply this year as higher rents in other parts of London prompt more occupiers to consider the Docklands district. Data from CoStar suggests that the availability of office space at Canary Wharf has fallen to below 10 percent, its lowest level since 2018. Two years ago, vacancy stood at about 23 percent. More than 500,000 square feet of space has been leased so far in 2025, the highest level since 2019, with further deals expected before the end of the year. (more…)

The number of coworking spaces in the UK and Ireland has reached a new peak, according to new industry data, signalling the continuing shift in how offices are being used. Data from CoworkingCafe’s third quarter 2025 report show around 4,315 coworking locations across the region, of which approximately 4,048 are in the UK and 267 in Ireland. In the UK the distribution is heavily concentrated in major urban centres. Greater London alone hosts roughly 1,191 coworking sites. Manchester follows as a leading regional hub with around 120 spaces, while Glasgow and Birmingham also show significant numbers at 68 and 67 respectively. (more…)

University College London (UCL) has taken a 10-year lease on 40,000 sq ft of office space at Maple House, strengthening its relationship with investor and developer Lazari. The deal, one of the largest lettings in Bloomsbury and Fitzrovia this year, adds to the university’s extensive estate, which spans 6.5 million sq ft and makes it the single biggest occupier in Bloomsbury. The lease covers three floors within Maple House, part of Lazari’s Tottenham Court Road estate, which is undergoing a £55 million redevelopment. Originally designed in the 1970s by Richard Seifert, the granite-clad brutalist block is being modernised to deliver 110,000 sq ft of workspace across seven floors alongside residential, leisure and retail uses. A one-acre communal garden at first floor level, containing more than 90 trees, will form the centrepiece of the scheme. (more…)