In her recent comment piece ‘Snapshot of a new office normal’, Susan Freeman quoted Remit Consulting office occupancy figures for central London of 29.3% at the start of June. That figure taken on its own does not look positive for those of us that own and develop offices in central London.
In her Property Week article “Snapshot of a new office normal”, Susan Freeman quoted Remit Consulting office occupancy figures for central London of 29.3% at the start of June.
Our shareholders always raise sustainability as a subject of importance. Our business is making a great effort to understand how we can play our part and do what we do better.
We are in another lockdown and our release depends on the rollout of vaccines to those most at risk.
Having been around the block a few times I am always aware that, as Bob Dylan put it, “The times they are a changin’”.
I want to go against the current – and surprising – trend among some property industry experts for extolling the virtues of working from home and sounding the death knell of the office.
There seems to be at least a retailer a week entering into a CVA, closing stores and reducing the rent they pay on the ones they keep open. A massive adjustment is taking place as the amount of retail space required reduces dramatically.
No doubt 2018 will be as unpredictable as 2017.
Richard Tice refers to the collapse of Carillion resulting in the “taxpayer picking up large bills”.
At the start of the year, I wrote in my Helical board paper how 2017 might unfold politically across Europe. Nowhere in my musings was there the prospect of a UK general election.
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