All Offices articles – Page 9
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OnlineBritish 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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Professional
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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News
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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News
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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News
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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Online
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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Online
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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News
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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News
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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News
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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News
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.
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Insight
Go hybrid – it’s good for business
Stanford University professor Nicholas Bloom couldn’t have summed up the value of hybrid working any better than in a recent interview with Time magazine: “As an economist, I’d point out that firms don’t do things that lose them money. They do things that make them money. That’s why every firm ...
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News
Europa Capital signs two new office lettings at Fetter Yard
Real estate investment manager Europa Capital has signed two new office lettings totalling circa 14,400 sq ft at Fetter Yard, in London’s Midtown, in a joint venture with Hobart Partners.
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News
Heritage body opposes demolition of flagship M&S store as inquiry closes
The public inquiry into the M&S Oxford Street scheme closed on Friday with SAVE Britain’s Heritage stating demolition of the flagship building could not be justified on either heritage or climate grounds.
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News
BBC to pull the plug on its operations at two buildings
The BBC is to exit two buildings as part of an ongoing rationalisation of its property portfolio.
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News
Office occupancy costs at highest ever levels, warns LSH
The energy crisis has forced overall occupancy costs for UK office space to their highest ever levels, according to Lambert Smith Hampton (LSH).
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News
CBRE IM secures lettings in London Victoria building
CBRE Investment Management (CBRE IM) has agreed two leasing deals at office building 5 Howick Place near London Victoria rail station, totalling more than 40,000 sq ft.
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News
Atlas starts Kings Cross office development
Developer and property manager Atlas has begun building a 22,000 sq ft office scheme over seven floors and across two buildings near Kings Cross station in central London.
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Online
Mailbox REIT posts fall in NAV
Mailbox REIT has posted a fall in net asset value (NAV) for the third quarter to the end of September.
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News
Firms need to get their hybrid policies and office space right
Landsec study reveals lack of clarity over meaning of hybrid working and highlights need for tailored workspaces
