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Office Sector

UK commercial landlords are struggling to find tenants

More than three fifths of the UK’s commercial landlords are struggling to attract tenants to traditional offices as businesses’ workspace demands have changed rapidly during the pandemic. This is according to new research by European flexible workspace provider, infinitSpace, who ...

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Data reveals London office occupancy rates are increasing week-on-week

Data from workplace technology company, Freespace, shows that London-based offices with over 10 per cent occupancy, are steadily increasing back towards pre-Omicron levels. The data has shown: The average occupancy in November across London was 27 per cent The average occupancy ...

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Only a third of UK offices saw occupancy levels above 10% on the first working day of 2022

Data from workplace technology company, Freespace, found that just 33 per cent of UK offices saw occupancy levels above 10 per cent on Tuesday 4 January 2022, as workers continue to follow the ‘work from home if you can’ directive. ...

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Office occupiers expect to transform workplace design

Nearly three quarters of global office occupiers responding to a survey expect to transform their workplace design in the next two years. This is according to global construction, consultancy and facilities management company, Mace, which has produced a report using ...

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Quarterly office take-up in London’s West End is highest it’s been in three years

Savills has recorded the highest monthly take-up of London West End office space it’s seen since December 2019, highlighting a growing momentum amongst occupiers deciding to re-activate requirements or upgrade their offices. A flurry of deals in September took monthly ...

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Strong construction demand but supply hit by perfect storm

The Construction Products Association (CPA) has revised construction output growth up for 2021 from 13.7 per cent to 14.3 per cent since its previous Forecasts, but also revised down growth for 2022 from 6.3 per cent to 4.8 per cent in ...

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HFD Offices is first to achieve new global standard for FM

The serviced offices arm of HFD Group – Scotland’s leading commercial property and investment company – has become the first organisation in the UK to achieve a new global standard for facilities management. Awarded by the British Standards Institution (BSI), ...

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Confidence continues to recover across the UK commercial property market

As restrictions lift, results from the Q2 2021 RICS UK Commercial Property Survey sees further signs of recovery with 56 per cent of respondents reporting the market is in an upturn. This is mirrored in investor appetite as +15 per ...

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BCO honours the ‘best of the best’ in British office sector

Taunton’s UK Hydrographic Office Headquarters was named ‘Best of the Best’ at the British Council for Offices’ (BCO) National Awards, and also took home the ‘Corporate Workplace’ award. The office was joined by six other award winners recognised as leading ...

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UK employers plan to reduce office space by up to 9m sq ft

According to PwC’s Occupier Survey of 258 of the UK largest companies there is likely to be a sizeable fall in occupied office space as major UK employers plan to reduce their office portfolio by up to nine million square ...

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