Office Space: Step into Sessions House, the courthouse HQ of Ennismore, the company behind The Hoxton and Gleneagles July 24, 2019 From the outside, Sessions House is a slightly menacing proposition. Squat and grimly imposing, it looks mistrustfully out onto Clerkenwell Green, seemingly miles removed from the surrounding buildings. If you’re a frequent visitor to central London, you might recognise its austere, almost gothic facade, all dreary grey brick and prison-bar windows. Upon entering the building, [...]
Landsec chief executive Robert Noel to retire July 11, 2019 Landsec chief executive Robert Noel is set to step down next year, the property giant announced today. Noel will retire after ten years at the firm and eight in the chief executive role after he joined Landsec as managing director of the London portfolio in 2010. Read more: Landsec: A tale of two portfolios He [...]
Wework poaches Facebook executive as it gears up for stock market float July 9, 2019 Wework has poached senior Facebook executive Martin Ott as the firm looks to beef up its management team ahead of its highly-anticipated stock market debut. Ott, who previously served as Facebook’s managing director for central Europe, will join the flexible workspace firm as managing director for EMEA, City A.M. can reveal. Read more: EMA to [...]
European Medicines Agency to sublet Canary Wharf HQ to Wework after High Court defeat July 4, 2019 The European Medicines Agency (EMA) is leasing its entire London office to fast-growing flexible space provider WeWork, having lost a court battle to cancel its £500m rent contract in the wake of its planned move to Amsterdam post-Brexit. Read more: Europe’s development bank lured into new Canary Wharf HQ WeWork is taking up the 284,000 [...]
The high five: your guide to the most valuable start-ups June 13, 2019 It was the year of America’s 200th birthday, of a scorching heat wave in the UK followed by a huge sterling crisis, and it was the year that the only unelected president in US history, Gerald Ford, went down at the polls to the former Governor of Georgia, Jimmy Carter. Less remarked at the time [...]
City Moves for 29 May – Who’s switching jobs at Clearstar, Deutsche Bank Wealth Management and The Office Group? May 28, 2019 Today's City Moves includes Clearstar, Deutsche Bank Wealth Management and The Office Group. Clearstar Clearstar has announced that it has appointed Jennifer Balleza as the company’s chief financial officer with immediate effect. Jennifer, who has been serving as the company’s interim chief financial officer since January 2019, is not being appointed to the board of [...]
Workspace giant IWG posts double-digit growth as international demand swells May 1, 2019 The world’s largest serviced offices group posted a double-digit rise in revenue this morning amid growing international appetite for its workspace brands. Read more: IWG shares surge after £320m Japanese franchise deal IWG, the firm which owns Regus and Spaces, revealed a 10 per cent rise in its first-quarter revenue today, rising in line with [...]
A four-day week would boost efficiency, productivity, health and wellbeing April 23, 2019 With the Easter bank holidays behind us and more to come in May, we are enjoying a season of four-day weeks. But walk through any BizSpace business centre on a Friday, and you could be forgiven for thinking that every week is a four-day week. Many of our customers, most of whom work for themselves [...]
It’s time to write the next chapter in the City’s story of technological innovation April 15, 2019 When I travel across the globe, there is an issue I get asked about time and time again: what is it about London that makes it such a successful global financial hub? And what is it about the UK that makes us stand out from the crowd? A key part of the answer is innovation. [...]
The founder of Boxpark on making a modern market out of a shed, selling Boxfresh, and hiring a Michelin star chef April 15, 2019 For an industrial-looking shed, there’s something strangely inviting about this giant black and white box next to Wembley Stadium. Having opened its doors in December last year, this is Boxpark’s third site, and it’s also the largest, taking up 20,000 square feet of space. It’s essentially a stripped-back leisure centre – long tables are lined [...]