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2024 marked a year of regional growth for UK5 office markets

A new report from Devono, a leading occupier-only advisory firm in the UK, states 2024 marked a renaissance for the UK’s key regional office markets, with four out of the UK5 cities – Birmingham, Bristol, Glasgow, Leeds, and Manchester – ...

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New chief executive at the BCO

The British Council for Offices (BCO) has appointed former EG editor and well-known advocate for the real estate sector, Samantha McClary, as its new Chief Executive. McClary will take up the position from 6 May, succeeding Richard Kauntze, who has ...

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The world’s most expensive office space is in London

A new study ranks the top 10 priciest office spaces globally, spanning four continents and nine countries—highlighting how businesses are willing to pay for prestige, prime locations, and top-tier amenities. With 66 per cent of employees now back in the ...

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infinitSpace opens new beyond workspaces 

Tech-led provider of flexible workspaces, infinitSpace, has opened two new workspaces under its ‘beyond’ brand, one in Gouden Bocht, Amsterdam, and one in Berlin Mitte, Quartier Heidestrasse. It is the first time in the company’s three-year history that it has ...

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UK average office occupancy rates reach their highest levels in five years

The average UK office occupancy rates reached 37.1 per cent in the last week of January, the highest levels recorded since the lifting of lockdown restrictions, according to Remit Consulting. The management consultant began analysing data taken from access control ...

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Green light for Brookfield Properties’ redevelopment plans of 99 Bishopsgate

Brookfield Properties has secured approval from the City of London’s Planning Committee for a new 54-storey office tower at 99 Bishopsgate, combined with over more than 60,000 sq ft of vibrant public and cultural amenities. Meeting the evolving needs of ...

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New office design guidance from the BCO reflects hybrid working patterns and net zero transition

The third edition of the British Council for Offices’ (BCO) flagship Guide to Fit-Out, which sets out best practice and expert advice on office interior design for occupiers and built environment professionals has been published. The Guide is an important ...

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Uncertainty yet to dampen property market demand for prime office space

According to the Royal Institution of Chartered Surveyors (RICS) UK Commercial Property Monitor Q4 2024, the UK’s commercial property market faltered slightly in Q4, although the long-term outlook remains positive, buoyed by a resilient and competitive prime office sector as ...

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Majority of office workers would refuse a job that doesn’t offer remote or hybrid working

New research has revealed that three-quarters of people would turn down a job that doesn’t offer hybrid or remote working, while flexi-working is also preferable to a four day week. With large businesses such as Amazon, Boots and JP Morgan ...

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Arax appoints Colliers to manage central London office portfolio

International real estate advisor, Colliers, has been chosen by Arax Properties to manage its portfolio of six central London offices. Comprising of around one million sq ft of prime office space, the portfolio includes: Duo, City of London Mode, City ...

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