Offices news
Prime office investments ‘to generate highest returns across all sectors’, AEW reports
The report also highlights improving expectations for capital values since Q4 2022 across all sectors apart fom offices.
Canary Wharf Group’s property values fall with offices hit hardest
Canary Wharf Group saw a loss of circa £900m on its office estate.
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.
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.