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 ...
Read More »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 ...
Read More »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 ...
Read More »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 ...
Read More »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 ...
Read More »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 ...
Read More »Average office occupancy rates in the UK stay above 35% for five consecutive weeks
UK office occupancy rates have experienced a small but sustained up tick in recent weeks, maintaining average levels above 35 per cent since the end of October, the most prolonged period at these levels since the lifting of lockdown restrictions, ...
Read More »UK firms push for in-office presence to boost engagement, contradicting a leading benefit of remote work
The trend of flexible work models is gradually shifting, as almost two-thirds of UK companies (60 per cent) have implemented a formal policy that requires employees in the office for a minimum number of days a week. That’s according to ...
Read More »JLL report finds $1 trillion global investment needed to revitalise office space at risk of obsolescence
JLL’s latest research “Opportunity through obsolescence,” has revealed that of the 776 million square metres of existing office space across 66 markets globally, about half of that space, or 322-425 million square metres, is likely to require substantial investment to ...
Read More »BCO names winners of the NextGen Awards 2024
Young professionals in the UK’s commercial property sector and their best achievements have been recognised at the annual British Council for Offices’ (BCO) NextGen Awards ceremony. The NextGen Awards are a key part of the BCO’s NextGen programme, a dedicated ...
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