Ballooning office rents price creative industries out of UK cities Property The UK’s creative industries are under threat from a spike in rents and a shortage of suitable space, according to a new report. With rents up a third since 2019 and growth in the creative industries stalling, businesses are being priced out of urban areas as workspace costs soar and margins tighten. “If these threats [...]
Derwent: Central London office rents firmly in recovery Property Derwent London has said the fundamentals of the London office market continue to strengthen despite a “volatile” economic backdrop. London’s office market has been in recovery since the end of last year, with falling interest rates and a return to the office helping to support occupancy. “Demand [is] well above the long-term average and [there’s] [...]