A recent report issued by Citi's real estate analyst team doesn't paint a particularly good picture for office space in London. According to their analysis, office building values could drop by as much as 38% in 2023. A variety of negative influences are driving the…
Commercial property owners whose portfolios include serviced offices could be in for a rude awakening upon receipt of the next business rate bill from the Valuation Office Agency (VOA). Thanks to lobbying efforts by half-a-dozen of the most powerful local councils in the country, the…
Over the years, many housebuilders have bought offices in town centres throughout the UK and converted them into flats. As a result of this, the supply of town centre offices has fallen and rents have gone up. This has benefitted the owners of these buildings…