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…)








New data from real estate consultancy 


Take-up of office space in the cities outside of Central London during Q4 2020 totalled 1.1m sq ft, an increase of 138 percent compared to Q3 2020. However, the overall take-up for 2020 reached 3.9m sq ft, a decline of 40 percent on the five-year average, according to research from real estate advisor 


Companies are searching for ways to reinvent the office and give employees reasons to return to their workplace and a new report by 
Smart Building Certification, the organisation behind the smart accreditation, awarded its first platinum building. The founders of Smart Building Certification handed the first official platinum certification over to Coen van Oostrom, Founder and CEO of EDGE. 
Avison Young, realestateworks and HLM Architects have launched 
The 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 
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 

December 3, 2020
Hybrid working presents us with a once in a generation opportunity
by Michael Cockburn • Comment, Coworking, Flexible working, Technology