US flexible working startup Knotel shrugs off Brexit as it opens three new London offices October 12, 2018 US flexible working office space provider Knotel has today revealed it has signed three new central London properties into its portfolio, as it seeks to take advantage of Brexit in cementing its UK expansion. The new offices include a 7,480 sq. ft space across two floors on Great Titchfield Street in Oxford Circus, an 8,395 [...]
12 Hay Hill in Mayfair shows shared workspaces are going upmarket to capture the professional crowd September 3, 2018 Coworking spaces seem to be taking over the city. Right now, the largest private-sector occupier of office space in central London isn’t a tech firm or major bank. It’s WeWork, a leading provider of shared workspaces. And coworking is big business: WeWork was valued at £27bn in June, making it the world’s second most valuable [...]
London raked £1.8bn in tech funding last year, almost double its next closest rival January 9, 2019 London has retained its spot at the top of the tech charts for another year, securing almost double the amount of investment in 2018 than its next closest European competitor. Tech firms in the capital raised £1.8bn in venture funding and public listings in 2018, raking in 72 per cent of the UK’s £2.5bn total [...]
Korean state-owned bank reportedly in £182m offer for One Poultry September 16, 2018 State-owned Industrial Bank of Korea (IBK) has reportedly offered £182m to buy One Poultry, the landmark office building close to the Bank of England. IBK is working with Hana Financial Group, a large Korean asset manager, on the bid, according to the Financial Times. The controversial building, which was voted by Time Out magazine readers [...]
Korean state-owned bank reportedly in £182m offer for One Poultry September 16, 2018 State-owned Industrial Bank of Korea (IBK) has reportedly offered £182m to buy One Poultry, the landmark office building close to the Bank of England. IBK is working with Hana Financial Group, a large Korean asset manager, on the bid, according to the Financial Times. The controversial building, which was voted by Time Out magazine readers [...]
ii winter portfolios extend outperformance in March April 17, 2019 There are fewer star performers in this year's Aggressive Winter Portfolio – that was until March when no less than three of the five constituents each gained around 8%. Ignore Mark Twain and Benjamin Disraeli, statistics demonstrate that some stocks do far better during the winter months than others. And the stats are backed up [...]
Hacking Wall Street: Are tech unicorns about to disrupt stock market flotations? January 21, 2019 Tech companies have changed the way we chat, bank, travel and date. Are they about to disrupt capital markets too? “In [Silicon] Valley there’s always been that mentality: how do we hack Wall Street?” says Rob Kniaz, a founder of tech-focused venture capital firm Hoxton Ventures. Two weeks ago reports broke that Slack, the workplace [...]
How co-working spaces will transform the office environment December 5, 2018 Four years ago, the right to request flexible working became UK law. Since then, flexible working has become more prevalent, to the point that half of the UK workforce is predicted to work remotely by 2020. At the same time a growing number of businesses are embracing the gig economy and turning to freelance workers [...]
IWG share price jumps 20 per cent after talks of takeover from Lonestar, Starwood Capital and TDR Capital May 14, 2018 Shares in serviced office firm International Workplace Group (IWG) jumped more than 20 per cent this morning after it was revealed that the company was in talks for a full share takeover. The company confirmed on Friday that it had interest from three seperate private equity firms: Lonestar, Starwood Capital and TDR Capital over the [...]
IWG open to talks with private equity firms over potential takeover May 13, 2018 Serviced office firm International Workplace Group (IWG) is understood to be receptive to a full-share takeover after it was approached by three separate private equity firms over a potential deal. Formerly called Regus, IWG is expected to start talking to Lonestar, Starwood Capital and TDR Capital over the potential sale. On Friday, IWG put out [...]