No plans to return to the office for millions of workers August 26, 2020 There are no plans for millions of public and private sector workers to return to the office. A survey of 50 large employers by the BBC found none of them had plans to return all staff to the office full-time in the near future. Twenty firms have reopened their offices for staff unable to work [...]
A healthy dose of FOMO can get London’s workers back to the office December 7, 2020 Covid-19 has made central London unrecognisable — the quiet streets and empty offices of today are a far cry from the bustling metropolis it once was. Despite the end of the second national lockdown, there hasn’t been much improvement since the summer. A recent survey from Arup showed that London is still trailing other British [...]
Exclusive: Second Home dodges bankruptcy and eyes US expansion with fresh funding July 26, 2022 Shared office space firm Second Home has scooped a £7.5m funding package to dodge bankruptcy and is now eyeing up expansion in the US, City A.M. can reveal.
Coming or going? Aviva the latest to cut office space as rival bosses say ‘remote working can’t last’ March 4, 2021 Aviva the latest to cut office space as rival bosses say 'remote working can't last'
Property developer British Land agrees £401m sale of West End offices December 23, 2020 British Land has agreed the £401m sale of a 75 per cent stake in three buildings in the West End to Allianz Real Estate. The portfolio includes three buildings; 10 Portman Square, Marble Arch House and York House, all of which are in Marylebone. As a result of the sale British Land will form a [...]
New tall building at 55 Gracechurch Street approved as developers embrace post-pandemic office trends January 26, 2021 The City of London Corporation has today (26 January) granted planning permission for a 30-storey office-led development in the City Cluster, the Square Mile’s first tall building approval of 2021. The approved Tenacity scheme at 55 Gracechurch Street, located between Monument station and Leadenhall Market, embodies many of the emerging trends for post-pandemic office space [...]
Democrat leaders Nancy Pelosi and Chuck Schumer demand Donald Trump’s removal from office January 7, 2021 Most senior Democratic Senator joins calls for Donald Trump's removal from office
Shell makes surprise bid for Post Office broadband division October 22, 2020 Oil giant Shell is said to have made a surprise entry into the race to snap up the Post Office’s telecoms division, paving the way for a potential shake-up of the UK broadband market. The FTSE 100 company already has a presence in the telecoms market after taking control of energy and broadband provider First [...]
Landsec sinks to £835m loss but backs London’s office sector November 10, 2020 Commercial real estate owner Landsec sunk to a £835m loss in its half-year results due to the impact of the coronavirus pandemic, but reported strong investor interest in London’s office market. Landsec’s share price jumped 7.37 per cent to 690.9p despite mounting losses after the landlord revealed its optimistic outlook on the central London office [...]
Fenchurch Advisory Partners plots US expansion March 2, 2022 London-based investment bank Fenchurch Advisory Partners is plotting the launch of a US office led by a former Credit Suisse director.