Letters: Heigh ho, off to work we go January 13, 2022 [Re: Central London continues to feel hit of plan B measures, January 11]We’ve seen footfall in Central London dropping again as plan B measures keep many office workers at home. In December, office occupancy reached 10 per cent, a new low for London. This can’t go on. We must return to the office en masse, [...]
Elephant and Castle redevelopment to progress to second phase after loan win January 10, 2022 The redevelopment of the former Elephant and Castle shopping centre has been given a boost after the securing of a development loan. Build-to-rent developer Get Living has acquired £365m from Starwood Capital, The Times reported. This will enable the second phase of the redevelopment, which is set to create 485 homes and a new campus [...]
New year, new job? Here are 3 great opportunities to apply for this week January 6, 2022 And just like that, we have a whole new year ahead of us (how exciting). January is a common time of year for people to make changes in their lives, or at least get the ball rolling in some way. A big change people tend to think about at the start of a new year [...]
City Moves: Who’s switching jobs in the Square Mile this week? January 6, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Bibby Financial Services Bibby Financial Services (BFS) has poached its new chief people and organisation officer from British Business Bank as it seeks to boost support for SMEs in the new year. Helen Norris, who brings [...]
Join the yacht club: Why sailing around Croatia is the ultimate luxury break December 20, 2021 As out of office messages go, it was a good one. “I will be on a private yacht in Croatia for most of this week, I will get back to you as soon as possible”. Having not sailed on anything more exotic than the Isle of Wight ferry, I had no idea what to expect [...]
London offices at 10 per cent occupancy after work from home directive December 15, 2021 London offices plummeted to 10 per cent occupancy in the wake of fresh work from home guidance this week. Occupancy on Tuesday 14 December was down on the previous week’s figure of an average of 28 per cent occupancy, according to workspace technology company Freespace. The capital has been hit harder than other parts of [...]
Letters: Creative hospitality will thrive post-Covid December 13, 2021 [Re: Party’s over, Nov 8] Business travellers cancelling trips following the government’s Plan B guidance is another blow to the hospitality industry. After a tough 18 months, this Christmas period was set to be a highlight for London’s hotels. If that won’t be the case, the industry needs to find alternative solutions to stay afloat. [...]
Daily Mail agree the largest office letting in West London in a commitment to its ‘talented people’ December 6, 2021 Daily Mail & General Trust (DMGT), the owner of the Daily Mail and Metro newspapers, has agreed a 103,000 sq ft lease to create a new HQ at Barkers Building in Kensington from 2024.
Workspace bets on the office return with £45m Islington acquisition November 17, 2021 Office-space provider Workspace has announced it has bought out a smaller competitor, The Busworks, in a £45m deal as more people return to offices in London. The FTSE-250 company today said it will upgrade the iconic building, a former Victorian bus factory from 1888, which is currently being used as office spaces to rent. The [...]
Locals fight plan to turn the Truman Brewery into a shopping mall November 9, 2021 Local residents continue to oppose plans to build a shopping mall on the site of the historic Truman Brewery on Brick Lane after developers won approval from the local council. The Save Brick Lane Coalition is close to raising the £10k needed to pursue legal action against Tower Hamlets Council with the aim of blocking [...]