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A new report from a creative studio has suggested that London’s empty office blocks could be used on the weekends house nightclubs.
A temporary Post Office has opened after a city centre branch was damaged by a fire. The Post Office on Midsummer Boulevard, Milton Keynes, has been closed since 10 June after liquid was poured on to ...
London’s office market has plunged into a “rental recession,” with the share of empty space hitting its highest level in three decades, investment bank Jefferies said in a note Wednesday.
The new space, which has been described by the firm as "improved premises", is expected to comprise around 55,000 sq ft, according to a person with knowledge of the matter, making it only ...
By 2040, the City of London will need 13 million square feet of additional office space, he added. Despite the optimism, there are risks. The construction could lead to a glut of the older office ...
Around 8.5M SF of office space was leased in central London in 2021, JLL said. That is about 80% higher than the 4.7M SF leased in 2020, but it is still only 87% of the 10-year average 9.9M SF leased.
Analyst Tim Leckie expects active demand for prime office space to grow 38% in 2030, but said supply would become tight from 2023, with increasing barriers on developing new spaces. Sign up here.