September 2008 News archives

Office space rental avoids hit from rates hike

10th September 2008

While retailers nationwide face an increase of 16% in their rates, office space occupants are breathing a sigh of relief at a predicted rise of just 3.1% in April 2010.

Germans invest £500m in prime London office space

8th September 2008

With the commercial property market at a 15-year low, German investors are capitalising on the strong euro and snapping up a number of top office spaces in the Square Mile.

Working from home to be the norm by 2033

4th September 2008

The end of office blocks, commuting and sitting in traffic could be on the horizon as working from home becomes commonplace by 2033, according to new research.

Brits to run £300m Scottish office space

3rd September 2008

Broadgate Estates, a British Land subsidiary, will run Tritax Securities’ £330 million ‘Maxim’ office space in Scotland for the next five years.

Knight seals office space deal with TAQA

2nd September 2008

Terms are agreed for TAQA Bratani’s lease of the Knight Property Group’s premier office space, one of seven pavilions at the £45 million WestPoint development in Aberdeen’s Arnhall Business Park.

Shanghai office boom to mirror ’80s London

2nd September 2008

Shanghai’s commercial property sector is in the throws of a boom similar to that which transformed London in the 1980s says Michael Thompson, Asia Pacific chief executive of Cushman and Wakefield.

Companies use just 55% of office space

1st September 2008

An independent survey of office workers in the UK has outlined a huge efficiency gap in the way that UK businesses use their office spaces.