Office space

Deloitte expands London office space as Covid cuts reversed

Deloitte has grown its footprint in the City

The Big Four accountant had previously cut its London office footprint following a post-pandemic review

2 min read

Tenants are increasingly being tempted by opportunities elsewhere, such as Soho, Fitzrovia and even the City

Mayfair’s grip on finance slips as firms flock to ‘more vibrant’ Soho

'If you’re looking for tech-savvy, young and dynamic talent, you need to be in a market equivalent to that'

5 min read

KPMG's plan follows consultation with its 16,000 workforce and aims to give staff greater flexibility and choice

KPMG staff to work from the office just two days a week

KPMG is embracing hybrid working on a permanent basis

2 min read

AXA IM Alts said it plans to fund “modern, highly sustainable, technology and service led buildings” in France, the UK and Germany

Axa IM raises €800m to plough into European office developments

Axa IM Alts will focus on office development in France, the UK and Germany

2 min read

JLL said that  said 1 Broadgate would become its flagship UK office

JLL signs lease with British Land for 1 Broadgate in a boost for City office market

'The move is a real vote of confidence in London,' British Land CEO Simon Carter said

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Santander has said it will close over 100 UK branches and staff would be offered ‘new working arrangements combining working from home with access to local collaboration spaces’

Santander UK to cut office space and close 111 branches with 5,000 staff moving to working from home

The bank is closing one London office and reducing its footprint in two others

2 min read

Nationwide said that working from home could have benefits on the quality of work produced, with 30% of staff saying they are better at prioritising decisions in the interest of customers while working from home

Nationwide tells 13,000 staff they can ‘work anywhere’ as it slashes office space

The building society is closing three offices as part of a move towards home working

2 min read

The signs of change are ubiquitous

The Covid-driven exodus from cities may be permanent, Goldman warns

It could take several years for urban vacancy rates to normalise

Some see the pandemic ushering in a new era for office life for years to come

Mood lighting, showers and lots of masks — The post-Covid City office is coming

The pandemic and the resulting overhaul of work-from-home policies has upended the power balance between employee and employer

London City Hall: Investors are viewing Londons office market as a safe haven asset once coronavirus restrictions have eased and the post-Brexit transition is fully concluded

London set for £46bn capital injection as global investors seek post-pandemic safe havens

London will soon be faced with a 'substantial shortage' in office space, with only 3.2 million square feet to be available by 2024

PwC and Deloitte bring thousands of staff back to the office

The UK economy will pay a £15bn cost per annum if office workers continue to work from home, according to research from PwC

Sergio Ermotti, chief executive officer of UBS Group AG

UBS says a third of staff could stay at home permanently

Bank’s chief executive Sergio Ermotti mulls shrinking office space because of virus crisis

2 min read