Domino’s Pizza has opened its very first office space at Eastgate Shopping Centre, in Basildon, in Essex.

Two of the biggest office space developers, Jones Lang LaSalle and CB Richard Ellis saw their shares plunge on Wall Street yesterday as the current economic conditions dealt another big blow to the office space world.

The grim but not unexpected news in Jones Lang LaSalle’s Central London Market Seminar this morning was that office space investment volumes and take up have fallen by a third for the last quarter.

Shares in the world’s largest office space and commercial real estate advisors have dramatically dropped by 37% in the last week as fears over the decline in the property market take their toll.

Jones Lang LaSalle, CB Richard Ellis and Atisreal are to sign contracts to advise IBM on their European, Middle East and Africa transaction management.

While most financial service companies are cutting down and cutting back, global financiers JP Morgan are expanding into new office space in Edinburgh.