All articles by Jamie Bennett-Ness – Page 10
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News
WeWork says UK arm faces ‘material uncertainty’ and owes parent firm £731m
WeWork’s UK arm faces “material uncertainty” after posting a £123m loss and revealing it owes its parent company £731m, according to its latest accounts.
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News
Global Holdings acquires West End’s Vogue House from Condé Nast
Global Holdings Group has completed the purchase of landmark Mayfair office Vogue House from publishing giant Condé Nast.
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News
General Projects amends plans for Manchester office campus
General Projects has submitted reworked plans for its Electric Park office campus scheme in New Islington, Manchester, to include 350,000 sq ft of workspace.
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News
British Land submits proposal for Euston Tower overhaul
British Land has submitted a planning application to transform 1970s central London skyscraper Euston Tower into a science and innovation workplace.
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News
Government sells over £1bn of property assets in 2023
The government sold more than £1bn worth of property assets in 2023 in a drive to make more efficient use of its buildings and land.
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News
Flexible Space Association appoints Workspace’s Kolokasi as chair
The Flexible Space Association (FlexSA), a trade body representing 1,000 workspace locations across the UK, has appointed Andrea Kolokasi as board chair.
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News
London facing 2024 lab space shortfall as development falls behind demand
The development of lab space in London will not keep pace with demand this year, according to research by Knight Frank, which warned that the lack of lab supply risks holding back the capital’s life sciences sector.
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Online
HqO launches innovative Best Spaces to Work programme in London
HqO, a real estate experience platform, has launched what it calls the world’s first certification programme for end-user real estate experiences in London.
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Online
Serviced office provider BE Offices collapses into administration
BE Offices, a serviced office provider with a slew of sites across the City of London and the West End, has collapsed into administration, following in the footsteps of co-working giant WeWork.
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News
Investor Feldberg expands London team
Feldberg Capital has hired Kat Austreng as an associate director working out of its new London office as it continues to grow its UK business.
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Insight
Vatican court sentences cardinal to five years in prison over London real estate scandal
A Vatican criminal court has sentenced Cardinal Angelo Becciu to over five years in prison after he was convicted of embezzlement and fraud in relation to a London real estate deal.
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News
Landsec submits second planning application for £45m Gunwharf Quays investment
Landsec has pushed forward its £45m investment programme in Gunwharf Quays in Portsmouth after submitting its second planning application of the year.
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News
Barclays agrees to stay at Canary Wharf HQ until 2039
Barclays has agreed to extend its lease at One Churchill Place by five years in a vote of confidence in Canary Wharf’s struggling office market.
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News
Lloyd’s of London to stay at iconic City HQ until 2035
Lloyd’s of London has struck a deal to stay in its famous City headquarters at One Lime Street until at least 2035 after reaching an agreement with Chinese investor Ping An.
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News
Mencap sells long-time London HQ and buys replacement
UK charity Mencap has sold its long-term London headquarters for an undisclosed sum and is preparing to move to a new site for the first time in 50 years.
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News
Fora expands City flex offering with new location at Sixty London Wall
Flexible workspace provider Fora has reached an agreement with LaSalle Investment Management (IM) to open a new location at Sixty London Wall, expanding its co-working offering in the City of London.
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News
Mission Street and BGO secure consent for major central Oxford science scheme
Mission Street and BGO have secured resolution to grant planning permission for their central Oxford commercial science scheme spanning 180,000 sq ft.
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News
LondonMetric and LXi REIT in merger talks to create £3.9bn company
LondonMetric Property and LXi REIT have confirmed they are in discussions over a possible all-share merger of the two companies to create a firm valued at £3.9bn.
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News
Shaftesbury Capital slims down board as three NEDs leave
Shaftesbury Capital has announced that three non-executive directors (NEDs) will step down at the end of January to slim down as it restructures following the merger of Shaftesbury and Capital & Counties in March.
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Online
Investment firm Millennium pre-lets 176,000 sq ft Mayfair office scheme
Berkeley Estate Asset Management (BEAM) has pre-let the whole of its 176,000 sq ft office scheme in Mayfair to global investment firm Millennium for its European HQ.