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Office Sector

Third-highest weekly figure for UK office occupancy since the start of the pandemic

Research from Remit Consulting has revealed that average office occupancy levels reached 34.7 per cent last week, the third-highest weekly figure recorded since the start of the pandemic with an increase of 3.6 percentage points from the previous week. The ...

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Office reset

The world of work may be changing but the physical office is here to stay, it’s up to us how we use it, writes Sam Addison, Head of Project Management at Colliers real estate The global pandemic necessitated, and accelerated, ...

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BCO reveals the UK’s best workplaces

Barclays’ Glasgow campus was named ‘Best of the Best’ at the British Council for Offices (BCO) National Awards last night, and also took home the ‘Corporate Workplace’ award. Seven further winners were recognised as leading examples of excellence in office ...

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Falling energy prices take the sting out of office cost rises

The cost of occupying office space in the UK has stabilised in 2023, according to property consultancy Lambert Smith Hampton (LSH). In its annual Total Office Cost Survey, LSH has analysed the total occupancy costs for offices in 54 key ...

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Orega expands flex space offering in Birmingham

The flexible workspace operator is launching its second office flex space in Birmingham having made a new Partnership Agreement with abrdn to create a high spec flexible workspace at Ingenuity House in Solihull. The 30,500 sq ft flexible workspace, which ...

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Sustainable surcharge

New research suggests that companies are willing to pay higher rents for more sustainable corporate office space following the rise of hybrid working. Should the sustainability attributes of some buildings be enhanced to command a rent premium or should standard ...

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Orega completes new Management Agreement in City of London

Flexible workspace provider, Orega, has completed another new Management Agreement to create further high spec flexible workspace at 70 Gracechurch Street, EC3. The 37,000 sq ft of flexible workspace, which will open in January 2024, will be newly refurbished to ...

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Employers are reducing office space as workers still attend offices less than two days a week 

Workers are still only coming into the office an average of 1.75 days a week, a study of 119 workplaces in 22 countries by AWA, a global workplace consultancy, has found. The responses, collated in April-May 2023 and representing organisations ...

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Office lease lengths may be falling in the UK but workspace footprint is increasing

Responding to reports from property management platform, Re-Leased, that the length of UK office leases has fallen to the lowest on record, global workplace creation expert Unispace, is warning firms against rash decisions regarding office footprint. The study – Returning ...

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Office landlords implement efficiency-boosting measures to cut energy costs

A new study has identified which energy-saving measures are the most widely used and which landlords are prioritising in the years ahead as ambitions for a net-zero commercial real estate sector become increasingly focused. The market research, which surveyed 250 ...

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