Offices news
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Online
Derwent London sees rebound in occupier demand as it seals C&W letting
The company reported growing demand with “a positive trend of broader interest across all our London villages”.
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Vanguard doubles presence in Manchester’s Landmark office scheme
The investment group now occupies more than 28,000 sq ft in the building.
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Scale AI chooses London for European headquarters
US-based Scale AI said the UK was a “hotbed for technology, talent, and diverse ideas”.
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Hutchings quits CapReg to take up CEO role at Workspace
The CapReg chief executive will replace Graham Clemett at the flexible office group.
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ViaNautis signs 10-year lease for Unity Campus in Cambridge
The latest letting follows Welbeck Health Partners’ lease and Domainex’s occupancy of the campus earlier this year.
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IWG confident of hitting full-year profit forecast
The trading update follows rumours that the London-listed firm has been weighing up a move to the US.
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Carter Jonas opens first Manchester office
Harry Bolton will lead the team as partner and head of planning and development in Manchester.
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Evans Randall Investors secures Warwick Acoustics pre-let for Midlands unit
The UK audio technology company has signed a 10-year lease to occupy 36,000 sq ft.
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Policy Exchange proposes new planning framework for high-rise buidlings
The Tall Buildings Policy would be a voluntary framework that local authorities would need to consider for planning applications over 60m in height.
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‘Oven-ready’ London offices can still attract occupiers
Until now, headlines reporting on the state of the central London office market have been uncertain at best. It is refreshing to see that numbers are finally revealing the activity that has been going on behind the scenes, with Cushman & Wakefield recently reporting that the City had a record ...
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Hines secures approval for £1bn redevelopment of 18 Blackfriars Road in Southwark
The developer intends the project to be London’s lowest whole-life carbon high-rise development.
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Rethink the office to stay agile
Hybrid working is here to stay, so how can the real estate sector help with smarter workspace strategies?
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UK Infrastructure Bank commits to 28,000 sq ft office space in Leeds
The bank will move into its city centre location in early summer.
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Derwent London sells Clerkenwell office block for £77m
Titan Investments has snapped up the 70,300 sq ft building.
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Industrious signs lease at former WeWork location in Moorgate
131 Finsbury Pavement will be the sixth, and largest, UK location for the flexible workspace provider.
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Savills reports 35% rise in Q1 London and South East office take-up
Greater London and South East office take-up rose to 648,000 sq ft in the first quarter of this year, up 35% on Q1 2023, according to Savills.
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Canary Wharf Group’s property values fall with offices hit hardest
Canary Wharf Group saw a loss of circa £900m on its office estate.
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Prime office investments ‘to generate highest returns across all sectors’, AEW reports
The report also highlights improving expectations for capital values since Q4 2022 across all sectors apart fom offices.
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UK investment volumes fall 11% in Q1, MSCI data finds
Q1 2024 was the fifth-worst quarter on record for office sales in London.
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IT and gaming firms take 47,000 sq ft at Native Land’s Arbor Bankside Yards
Sports betting and IT consulting firms will relocate their London headquarters to the development.