How the metaverse will empower the future of hybrid work February 21, 2023 Jawad Ashraf, CEO and co-founder, Virtua shares his thoughts on how the metaverse will change the way we all work.
Feel at home with Vertus in Canary Wharf January 9, 2023 Vertus provides an unrivalled rental experience, offering award-winning services in a thriving community. Discover the Canary Wharf estateCanary Wharf has transformed over the last ten years, fast becoming a world-class lifestyle destination. Community and culture have been at the centre of this change, a natural move by the Canary Wharf Group to provide a rich, [...]
The next year will cement new trends in how we work January 2, 2023 The last year was supposed to herald the return to the office, but strikes and other disruptions meant a City full of workers never materialised.
Square Foot Mile: Corporate office space deals surged by 25 per cent in 2022 December 23, 2022 Big corporate deals for London HQs has caused office leasing volumes to surge by almost 25 per cent. The post-pandemic return to the office is in full swing, with central London take-up rising by 24 per cent this year. Of the increase, demand for high-quality space in the capital has skyrocketed with 60 per cent [...]
London flexible office occupancy rates recover to pre-pandemic levels December 22, 2022 Flexible office spaces in central London have seen their occupancy rates recover to pre-pandemic levels, new data shows. A majority (86 per cent) of the world’s top 30 flexible workspace providers have seen now seen occupancy rates in their central London offices surpass levels of 60 per cent, a survey by Knight Frank shows. A [...]
Europe’s largest life sciences laboratory gets one step closer to landing in London December 13, 2022 Planning permission for Europe’s largest laboratory has been submitted today, as London patiently awaits a boost to its life sciences sector. The Canary Wharf Group and Kadans Science Partner, which builds science facilities, have submitted their planning application for the 23-storey tower, which was first announced in March. The pair are reportedly expected to fork [...]
Tech recruitment firm Levin to set up London HQ at new space in 155 Bishopsgate December 5, 2022 British Land has signed an agreement with tech recruitment giant Levin to let its entire Storey space at 155 Bishopsgate for its new London HQ. Levin, which has had a footprint at the development since 2020, is to take up 23,000 sq ft of space, after previously leasing space on the same campus at 1 [...]
British Land portfolio value dwindles as economic downturn weighs on real estate November 16, 2022 British Land, one of the largest property trusts in the UK, has had its portfolio value dwindle in the past six months as the economic downturn weighs on real estate. The London-listed group reported underlying profit growth of more than 13 per cent to £136m. However, its portfolio value sank three per cent, dragged by [...]
Workspace says it’s not all doom and gloom for the capital November 15, 2022 Workspace said that despite the “economic doom and gloom”, the capital was still splashing the cash on offices. The London focused flexible working space said profits after interest climbed 33.5 per cent to £29.1m in the half year, driven by a 36.8 per cent (£15.1m) increase in net rental income to £56.1m and ongoing demand [...]
300-year-old Marylebone estate Howard de Walden enters co-working market November 3, 2022 A 300-year-old estate that owns Marylebone is making an entrance in to the co-working sphere after office rental income dropped last year. Howard de Walden, which is worth about £5bn, is partnering with Spacemade to operate a flexible working facility in the area of central London. It made the move after its results showed permanent [...]