There was a time when commercial property owners invested in office buildings had no trouble filling space. In all the major metro areas, London included, office space was at a premium. No sooner did new space open up then a landlord had multiple applications for…
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…