Offices news
Industrious signs lease at former WeWork location in Moorgate
131 Finsbury Pavement will be the sixth, and largest, UK location for the flexible workspace provider.
Prime office investments ‘to generate highest returns across all sectors’
New investments in prime offices are now projected to generate the highest returns of any sector at 9.6% per annum over the next five years.
UK investment volumes fall 11% in Q1, MSCI data finds
Q1 2024 was the fifth-worst quarter on record for office sales in London.
IT and gaming firms take 47,000 sq ft at Native Land’s Arbor Bankside Yards
Sports betting and IT consulting firms will relocate their London headquarters to the development.
Why the flex office sector no longer needs WeWork
Editor: Adam Neumann has made headlines in recent weeks for his $500m bid to buy back WeWork.
Fitch predicts Canary Wharf vacancy rises despite Morgan Stanley deal
Morgan Stanley’s lease extension with Canary Wharf Group has “alleviated some downside risk” for the landlord, rating agency said.
Gary Neville’s Relentless signs flex operator Gilbanks for Manchester scheme
Gilbank’s space at No1 St Michael’s will be its third location to date.