News
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Clockwise to launch virtual campus in the metaverse
Flex office operator plans to open MoreySmith-designed online space this autumn
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Skelton secures BNP Paribas arm for Basingstoke office
The bank’s asset finance arm has agreed to take 21,000 sq ft at Midpoint
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University plans to convert hotel to answer student demand
University of Buckingham says existing accommodation is at capacity
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Barwood and Tungsten sign latest tenant for Sheffield industrial park
The occupier has taken 110,000 sq ft at a repurposed B&Q store
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Redevco boosts asset and development management ranks
Chris Baker has been promoted to UK portfolio director
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Edmond de Rothschild hires former Castleforge finance director
Simon Ball will lead the UK arm’s finance and administrative teams
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MORNING NEWS: WeWork poses £3bn threat
Plus – Home REIT shareholders drop homeless focus and CBRE embraces AI
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UK landlords face £3bn hit if WeWork falls
The flex office provider still has at least £3.1bn of lease commitments in the UK
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Home REIT shareholders vote to ditch homelessness focus
Stabilisation plans and appointment of AEW UK were approved by 99.98% of those who voted
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Councils face £5bn funding black hole
Deficits will rise to an average of £33m by next year
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Inflation falling faster than we thought, says ONS
New calculations show July’s figure to be 6.8%, not 6.9%
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CBRE uses AI to manage 1bn sq ft of space
The firm’s Smart FM system is used at 20,000 sites across the globe