Offices news – Page 6
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Abrdn’s UK Commercial Property REIT sells Bristol office for £14.5m
UKCM said the price was in line with the valuation at the end of last year.
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PlayStation to close London Studio as 900 jobs axed
The gaming giant is cutting around 8% of its workforce.
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Return to work boosts resilient central London office markets
Devono reports a strong take-up in 2023 despite economic uncertainty.
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Kirkland signs US giant Verizon for 84,334 sq ft Limerick offices
Telecommunications firm plans signs 15-year lease at waterfront development in the heart of the Irish city.
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Strong leasing prompts Derwent to upgrade rental guidance
“I can’t remember a busier year for us”, said CEO Paul Williams after firm tripled rental income in 2023.
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Unions fear ‘catastrophic incident’ as Palace of Westminster refurb stutters
The GMB, the FDA and Unite share “increasing concerns” about the viability of the palace as a workplace for their members.
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ARC Uxbridge lands Pizza Express and JATO Dynamics
Both companies will move into the offices in the campus’s newly refurbished Building 01.
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Riverside Capital agrees £14.9m loan for City fringe office repositioning
GRE Finance loan will fund makeover of Old Street Works office building.
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Howard Group lets whole of Cambridge building to Welbeck Health Partners
The healthcare firm has signed a 30-year lease at the Orion Building at the Unity Campus.
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EY to move across Leeds to MEPC’s Wellington Place offices
The global services firm will move staff over in the summer following the end of its current lease.
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Tristan secures £47m loan to refinance east London office
Leumi UK and Delancey have agreed a deal to refinance Tristan’s One Stratford Place office development.
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Active criminal investigation into Signature £140m property fraud
Four people have been arrested as part of the investigation.
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DLUHC takes all of LGIM’s Bristol office refurb
The government has taken a 10-year lease at the former North Quay House.
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Olympia backers sign up IWG to operate flex office space
The flexible workspace provider is the first tenant at the 550,000 sq ft office scheme.
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AshbyCapital agrees leases for half of Slough office scheme
The office scheme is now close to 50% let after a recent flurry of deals.
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London office-to-hotel trend set to continue, says C&W’s Richard Candey
The EMEA hospitality expert tells Property Week why the Square Mile in particular will see more offices become hotels this year.
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Hotel, office, home: It’s all in the mix
Over the past few years Property Week has frequently cited the trend of ‘hotelification’ in prime office development.
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ID Manchester unveils plans to reinvent Renold Building as innovation hub
Bruntwood SciTech and the University of Manchester are creating a £1.7bn innovation district in the area.
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Blackstone aborts sale of £250m Canary Wharf office tower
The US firm has shelved plans to sell the building after talks over a £250m deal collapsed amid concerns over the district’s future.
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Spanish co-working firm makes UK debut in Preston
OneCoWork currently operates three flexible workspaces in Barcelona.