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Tag Archives: global office market

Office Conversions and Demolitions Will Exceed New Construction in 2025 For the First Time in Several Years

CBRE found more than 23 million sq. ft. of office space planned for conversion or demolition this year, which exceeds the amount of new construction. More office space will be removed from the U.S. market this year than added to ...

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Global serviced office market grows by 18% globally – can London keep up?

A recent report has revealed that the serviced office market has seen phenomenal growth in the last 12 months, with projected market value up from $38.32 billion (£28.5 billion) in 2024 to $45.08 billion (£33.5 billion) in 2025, representing a ...

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