Workspace profits jump as demand for flexible offices grows November 21, 2023 Workspace completed 583 lettings during the half year, with occupancy levels remaining largely unchanged at at 88.7 per cent.
GPE: West End landlord upgrades forecasts as workers return to central London November 16, 2023 Great Portland Estates, the London-listed landlord said it had signed 37 new leases and renewals in the six months to 30 September, as workers returned to the office. The West End-focused landlord said market lettings were on average 13.4 per ahead of March 2023’s estimated rental value (ERV) with an annual rent role of £11.2m. [...]
The Debate: Should we finally ditch hot desking? November 15, 2023 City A.M.’s new weekly feature takes the fiercest water-cooler debates and pits two candidates head to head before delivering The Judge’s ultimate verdict. This week: Hot desking The idea of flexible workspaces, or hot desking, tends to evoke a strong reaction in the office. There are those who love to swap seats daily, meet new [...]
Renting a Wework office? Here’s what happens next November 7, 2023 If Wework did go under in the UK, it wouldn't be all doom and gloom for the wider market, experts say
London FTSE 250 closes out stellar week as firms rise on Bank’s interest rate hold November 3, 2023 London’s FTSE 250 has surged to its best streak all year as markets reacted positively today to the Bank of England’s decision to hold interest rates at 5.25 per cent.
Wework is one of London’s biggest tenants — what could a potential collapse mean? November 3, 2023 Wework has recently found itself in hot water, with US reports suggesting that the company could file for Chapter 11 Bankruptcy as soon as next week.
Earls Court regeneration scheme gets £6bn climate tech boost November 1, 2023 The former Earls Court exhibition site is set to receive a whopping £6bn investment to build a host of new offices and development space centred around the climate tech sector. Some 2.5 million square feet of workspace and lab-enabled offices are set to be built on the derelict exhibition centre, with the first slew of [...]
Impact A.M. Award Categories 2023 October 25, 2023 Your Chance to Shine in the Impact AM Awards! The stage is set for the 12th of December when we will gather the UK’s best and brightest authentic ESG power players to join us as we shine a spotlight on some of the ecosystems top power players and thought leaders and innovators. The Impact AM [...]
Meta is the exception not the rule as it pulls out of its London office September 29, 2023 Meta has paid £149m to sever its lease for its London office, but the tech giant’s financial woes are not a reflection of the capital’s market.
Flexible workspace can’t just be for desks, it needs to be for London labs September 26, 2023 Investors for life sciences aren't out in the back-end of Slough, so why should the scientists be? Ed Crabtree on the growing demand for labs in London