Offices news
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.
Grosvenor to build 300,000 sq ft portfolio of flex offices
Grosvenor’s chief executive James Raynor said there was a “significant opportunity” to take advantage of occupier demand for flex.
Helical shows “cautious optimism” as update flags up new lettings and high rent collection levels
The company has collected 99% of all rent payable for the financial year to 31 March.
ASK lends £18m for co-living scheme in West London
ASK’s client acquired the site and plans to obtain permission to convert the building into a 415-bed co-living scheme.
British Land and GIC secure major pre-let from Citadel at Broadgate skyscraper
The hedge fund will take around a third of the office space in the landmark two-tower development.