Companies Are Renting Bigger London Offices, Undoing Covid Cuts

Companies Are Renting Bigger London Offices, Undoing Covid Cuts

Companies moving office in London last year leased more expansion space than they have done since 2019, just the year before the coronavirus pandemic upended white-collar working practices and sent shock waves through commercial real estate markets.

UK office vacancy rate falls for first time since 2020 as firms rethink remote working – Your Capital Minds

The UK’s office market may have reached a turning point, with vacancy rates falling for the first time since the start of the pandemic. New data reveals a modest but symbolically significant drop in the amount of empty office space, suggesting that businesses are beginning to reclaim the desks they once deserted. According to commercial property data provider CoStar, the national office vacancy rate edged down to 8.6 per cent at the end of March…

UK office vacancy rate falls for first time since 2020 as firms rethink remote working

The UK’s office market may have reached a turning point, with vacancy rates falling for the first time since the start of the pandemic. New data reveals a modest but symbolically significant drop in the amount of empty office space, suggesting that businesses are beginning to reclaim the desks they once deserted. According to commercial property data provider CoStar, the national office vacancy rate edged down to 8.6 per cent at the end of March…