Oakdene Homes, the house builder based in Surrey, said that trading to date for the current year was in line with its expectations but the housing slowdown had made it difficult to forecast when the market would recover.
A report published this week by Cushman Wakefield (C W) projected the global office vacancy rate will return to pre-crisis levels by 2025.
The Royal Institution of Chartered Surveyors (RICS) has begun a formal consultation process that could see between 150 and 170 employees made redundant.
Colliers is seeking offers in excess of £17m for a 20,000 sq ft office block in Farringdon, central London.
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