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Tag Archives: office sector

Central London office market shows resilience amid slowdown

Despite a slowdown in leasing volumes, the Central London office market is showing signs of quiet resilience and evolving demand, according to tenant-only real estate advisor, Devono. Devono’s newly released Q1 2025 Central London Office Market Snapshot reveals that while total ...

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Midlands and Central England’s best workplaces revealed by BCO

Seven office buildings across the Midlands and Central England region have been recognised as the most outstanding workplaces and received British Council for Offices (BCO) Awards. Held at The Eastside Rooms in Birmingham, the BCO’s annual Midlands and Central Awards ...

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BCO names South of England and South Wales’ best workplaces

The South of England and South Wales’s most outstanding workplaces have been announced, with British Council for Offices Awards going to seven exceptional office buildings across the region – including three in Bristol. Held at We The Curious in Bristol, ...

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BCO North Awards celebrate the region’s outstanding workplaces

The North’s most outstanding workplaces have been named, with prestigious British Council for Offices (BCO) Awards presented to six landmark office buildings across the region. Held on Thursday 3 April at Manchester’s Kimpton Clocktower, the BCO’s annual Northern Awards recognised ...

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Office sector is regaining its central role in commercial real estate – at a cost, says JLL

As corporations worldwide continue to adjust their hybrid policies to favour in-office attendance, the office sector has regained a central role in commercial real estate. While companies are optimistic about growth – planning increases to headcount and seeking more or ...

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2024 marked a year of regional growth for UK5 office markets

A new report from Devono, a leading occupier-only advisory firm in the UK, states 2024 marked a renaissance for the UK’s key regional office markets, with four out of the UK5 cities – Birmingham, Bristol, Glasgow, Leeds, and Manchester – ...

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The world’s most expensive office space is in London

A new study ranks the top 10 priciest office spaces globally, spanning four continents and nine countries—highlighting how businesses are willing to pay for prestige, prime locations, and top-tier amenities. With 66 per cent of employees now back in the ...

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Average office occupancy rates in the UK stay above 35% for five consecutive weeks

UK office occupancy rates have experienced a small but sustained up tick in recent weeks, maintaining average levels above 35 per cent since the end of October, the most prolonged period at these levels since the lifting of lockdown restrictions, ...

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UK commercial property market continues to exhibit a relatively underwhelming performance

The commercial property market in the UK is still seeing an underwhelming market backdrop, according to the Royal Institution of Chartered Surveyors (RICS) UK Commercial Property Monitor Q3 2024. Some of the positivity seen in the last quarter has been ...

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Treat staff like customers to get them back in the office advises new BCO report

Making the office a place that gives staff the experiences they want is the way to attract them back into the office, suggests a new British Council for Offices (BCO) report. Towards Experience Utopia provides the ultimate guide to creating ...

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