Average office occupancy levels across the UK have reached new post-Covid lockdown highs in the first two weeks of June, according to the latest data from Remit Consulting.
Rocket Properties has refinanced its Provost & East building and associated shops located in the Old Street “Silicon Roundabout” City fringe area, with a £45 million term loan arranged by Rothschild & Co’s real estate debt management business.
A dramatic recent increase in French SCPIs, effectively open-ended funds, investing outside their home market in other European countries, notably the UK, is set to continue, reports Savills.
The Oxford Trust has gained consent for the Aspen Building, a multi‑purpose building comprising offices, R&D labs for science and tech start-ups and grow-on companies as well as a STEM resources and preparation room, at the Wood Centre for Innovation in Headington, Oxford.
Out-of-town office markets across the country remain challenged in the wake of pandemic shifts to hybrid work and the rising appeal of in-town locations as companies prioritise transport connections and social amenities to lure staff back to offices. However, Reading and Green Park especially appear to be bucking the trend, aided by their emergence as a key hub for the UK defence industry.
SmartLabs, the provider of flexible laboratory infrastructure and resourcing solutions, and International Workplace Group (IWG), the world's largest flexible and hybrid workspace platform with brands including Regus and Spaces, have announced a 10-year global partnership targeting demand for fully managed lab space.
Office Space in Town (OSiT), the London flexible office space provider, has added beds for staff to sleep in to its offer in what it is describing as a "new era for office life", one that inevitably raises questions about work/life balance.
The Singaporean family-owned business Hoi Hup Realty has gained consent from the City of London Corporation for ‘High Holborn’, an office-led regeneration of a 1.4-acre island site comprising three buildings at 322 High Holborn, Holborn Gate and 44 Southampton Buildings.
Billionaire Marc Andreessen said his venture capital firm is "doubling down" on Flow, the multifamily company helmed by former WeWork CEO Adam Neumann.
Eagle Street Partners has appointed DTRE to sell Westpoint, Peterborough, a 177,621-square-foot multilet office that is the former headquarters of the collapsed travel group Thomas Cook.
Lazari, the privately-owned property investment and development company, has completed the lease of all 115,000 square feet of offices at The Lazari Building, 7 Brook Street, the former Fenwick department store in London's Mayfair.
Regeneration specialist Artisan Real Estate has lodged plans with the City of Edinburgh Council to redevelop a sandstone office on the edge of Edinburgh’s New Town into an 102-bedroom Hub by Premier Inn hotel.
As workers increasingly return to the office more than five years after the onset of the pandemic, office furniture and product designers are taking notice with the latest generation of multi-use workplaces that now aim to focus on more comfortable collaboration.
United States property giant Hines Global Real Estate has joined Yoo Capital and Deutsche Finance International on the £1.3 billion Olympia development in London.
Three Chamberlain Square, dubbed Birmingham's most sustainable commercial workspace, has reached practical completion, adding more than 100,000 square feet of office accommodation to the city as availability of prime space in the regions dwindles.