All Offices articles – Page 13
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NewsDolby Medical signs for Crawley office HQ
Dolby Medical has taken 22,000 sq ft at the Palladian office building on Manor Royal in Crawley for its headquarters.
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Stoford lodges plans for new BBC broadcasting centre in Birmingham
Developer Stoford has submitted a planning application for the BBC’s 84,000 sq ft new Birmingham home at the historic Typhoo building in Digbeth.
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Mini-Budget nearly scuppered Landsec’s £800m 21 Moorfields deal
One of the largest London commercial property sales of 2022 was nearly killed by former prime minister Liz Truss’s disastrous ‘mini- Budget’, the chief executive of Landsec has revealed.
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Workspace: Office spaces need to be ‘flexible’ to support workers’ return
Property heavyweights discussing the state of the office market at Property Week’s WorkSpace conference concluded that companies needed to be flexible to attract workers back to the office.
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Workspace: Hybrid workspaces need a ‘digital first’ approach
Offices need to take a “digital first” approach to be fully inclusive to the new breed of hybrid workers, according to the keynote speaker at Property Week’s Workspace event yesterday.
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WorkSpace: Recession to accelerate flex and hybrid trend
“The recession is going to accelerate current trends whereby businesses are focused on property costs, but also costs associated with the workforce, including retaining and keeping them engaged,” IWG chief investment officer Thomas Sinclair told attendees of Property Week’s WorkSpace conference today (21 November).
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WorkSpace: Landsec ‘committed’ to significant flexible office portfolio
Landsec has reiterated its commitment to converting a “significant percentage” of its office portfolio into flexible workspace, amid discussions of a fast-changing office market.
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City commercial property investment up 25% year-on-year, says Savills
City of London commercial property investment in the year to end of October rose 25% compared to the same period last year, according to Savills.
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Battersea Power Station launches 200,000 sq ft office building
Battersea Power Station has launched 50 Electric Boulevard, a 200,000 sq ft office building at the south London development, set to open next Summer.
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British Land secures debut letting at City scheme
British Land has secured its first letting at City of London scheme Norton Folgate to international law firm Reed Smith.
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Streamlining lease agreements
UK office landlords continue to face fresh challenges. With occupiers weighing up their long-term response to hybrid working, as well as recent unprecedented political instability and economic headwinds on the horizon, vacancy rates are up.
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Landsec pre-lets top floor of West End office scheme
Landsec has pre-let 19,500 sq ft of workspace at its office-led West End scheme Lucent to investment banking and advisory firm Centerview Partners.
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Landsec to fund first phase of Manchester’s £400m Mayfield development
A funding deal to unlock around 800,000 sq ft of commercial space at Manchester’s £400m gross development value (GDV) Mayfield scheme has been struck between Landsec and the Mayfield Partnership.
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Kadans buys Oxford Biomedica’s Windrush Court facility for £60m
Kadans Science Partner has acquired Oxford Biomedica’s Windrush Court in Oxford for £60m in a sale-and-leaseback transaction.
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Helical and Ashby Capital complete first letting at JJ Mack Building
Helical and Ashby Capital have completed their first letting at The JJ Mack Building in the City of London.
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King’s Cross’s Tribeca signs first occupier
The London BioScience Innovation Centre (LBIC) is set to become the first occupier at King’s Cross’s Tribeca development.
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Musk bans remote working at Twitter
Twitter employees have been banned from remote working by new owner Elon Musk, days after around half of the social network’s workforce were sacked.
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M7 joint venture assembles regional asset portfolio
Investor and asset manager M7 Real Estate has acquired 15 industrial, retail warehouse and office investments in a joint venture (JV) with investment and technology development firm DE Shaw group.
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Commercial property values fall -6.8% in October
Capital values decreased by -6.8% across all UK commercial property in October 2022, according to the latest CBRE Monthly Index.
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Businesses increasingly look to switch from long leases to flex
More than 50% of businesses looking to reduce their office space are considering a switch from long leases to flex, reveals an independent survey by flex space operator Orega, consisting of 500 business leaders and 2,000 UK office workers.
