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Office Sector

Office service charges rise by 9%

Service charge costs for office spaces rose by nine per cent in 2024 as wage pressures, overdue maintenance projects and investments designed to attract staff back to the office all contributed to an above inflation rise. The nine per cent ...

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Office attendance gains value but over a third of employees say office experiences must improve to meet expectations of flexibility and wellbeing

As hybrid work becomes more permanent, employee perception of the office is shifting, with 72 per cent of the global workforce now viewing return to office (RTO) policies positively. However, according to new research from JLL, this comes with a ...

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BCO pilots new office grading system as industry calls for reform

The UK’s current office grading system is no longer fit for purpose, according to a new report from the British Council for Offices (BCO). The report, authored by JLL for the BCO, found that fewer than three per cent of ...

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JLL research suggests retrofitting as a strategic solution to fall in European commercial office construction

Europe’s office market is experiencing significant supply constraints with construction down 24 per cent since 2020 and heading toward decade-low levels in Q1 2025. This has created critical space scarcity, particularly in Central Business Districts (CBD) where vacancy rates average ...

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2-Work and Glenbrook to open new Leeds city centre flexible workspace

Flexible workspace provider, 2-Work, is set to open its fourth flexible office space in the heart of Leeds city centre, in partnership with the building’s owner, Glenbrook. 2-Work St Albions will open towards the end of September in the Grade ...

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Average length of flex agreements in the capital climbs to new highs

New research from global real estate services firm, CBRE, has found that the average London flex office agreement now stands at 22 months, a record high since CBRE started tracking the data in 2020. In addition to longer commitments from ...

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RICS UK Commercial Property Monitor reveals a broadly stagnant market

The Royal Institution of Chartered Surveyors (RICS) UK Commercial Property Monitor for Q2 2025 shows a broadly stagnant commercial property market, although Central London continues to exhibit a relatively stronger momentum. Overall occupier demand nudged down a touch this quarter, ...

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BCO appoints two commercial property industry leaders to its Northern Committee

Sasha Norcliffe, Director at professional services company, Turner & Townsend, and Simon Millington, Founder and Director of Incognito, have joined the the British Council for Offices’ (BCO) Northern chapter in key strategic roles. Both bring a wealth of industry knowledge ...

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UK office buildings are wasting the equivalent of a year’s CO2 from over 3,470 homes in a single day

New analysis calls for urgent attention to building performance as inefficient systems overheat both offices and the planet. As heatwaves push UK temperatures above 30°C, new analysis by building analytics platform Demand Logic reveals that operational inefficiencies in UK office ...

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BCO calls for new approach to space planning as office use reaches critical shift

New research revealing a fundamental shift in how UK offices are used, with major implications for developers, investors and occupiers, has been published by the British Council for Offices (BCO). Authored by Nigel Oseland of Workplace Unlimited, the report shows ...

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