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Office Sector

Most of the top 100 US office leases of 2023 are renewals as businesses decide to stay put and upgrade space

A new report out by commercial real estate services and investment firm, CBRE, has revealed that the largest 100 office leases signed in the United States in 2023 included more renewals of leases for already occupied space than new deals. ...

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BDO report finds most efficient and sustainable office buildings attract higher than average service charges

Accountancy and business advisory firm BDO has identified in its latest benchmarking report that offices with an ‘outstanding’ or ‘excellent’ Building Research Establishment Environmental Assessment Methodology (BREEAM) certification had total service charge costs that were 26 per cent higher than ...

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BCO’s new research agenda includes 2030 vision for the office

The British Council for offices new research agenda focuses on four priority areas, including the development of the BCO’s ‘2030 vision for the office’. The four priority focus areas identified in the Research Programme Working Document, sets the agenda for ...

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Significant opportunities are being missed in commercial retrofits

According to the UK Green Building Council (UKGBC) significant opportunities are being missed by office investors, owners, and occupiers who do not have clear retrofit strategies in place. Firstly, through missing the “easy wins” – low cost, low disruption measures ...

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Three of the best

The BCO’s annual Awards celebrate the best in class of UK workplace design. FMJ focuses on three of this year’s award-winning office spaces and learns what BCO CEO Richard Kauntze and Chair of judges Mike Burton look for in a ...

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Number of employers planning to lease more space is rising

A growing number of organisations plan to lease more space in the coming months, according to a recent survey from MRI Software and CoreNet Global. This finding, based on responses from more than 1,300 real estate occupiers globally, contrasts significantly ...

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Crane survey sees record number of office new starts in London

Deloitte’s latest London office crane survey sees the highest volume of new offices being built since 2005. The study was extended to cover seven central London areas and reveals that there are currently 124 schemes are under construction totalling more ...

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GPE director appointed junior vice president of BCO

Great Portland Estates’ (GPE) Director of Projects, Helen Hare, has been appointed Junior Vice President of the British Council for Offices (BCO). Hare has been involved with the BCO since 2013, when she led the tours programme for the BCO’s ...

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BCO unveils winners of the NextGen Awards 2023

The brightest young professionals in the UK’s commercial property sector and their best achievements have been recognised at the British Council for Offices’ (BCO) NextGen Awards ceremony. The NextGen Awards is a key feature in the BCO’s NextGen programme, which ...

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Impact Hub London Euston will offer under-served local communities affordable workspace

Impact Hub London is in a “landmark” new deal with British Land to open a new innovative workspace in partnership with London’s Knowledge Quarter at British Land’s Regent’s Place Campus, Warren Street. A growing social enterprise supported by a global ...

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