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- Octopus Energy moves to Bruntwood SciTech’s No.2 Circle Square
Renewable electricity provider Octopus Energy Group is moving into a new, hybrid office-retail base at Bruntwood SciTech’s No.2 Circle Square, as part of a drive to create 300 new jobs in Manchester.
- Manchester office take-up in 2021 up almost one third on 2020
Total office take-up in Manchester’s city centre for 2021 was over 1m sq ft, up 31% from 2020.
- UK demand for flex office space up more than 80%
The average cost for a private desk in UK flexible office space reached £443 in 2021, up 14% on the reported figure for the previous year, according to Workthere.
- Citi reveals £100m refurb of iconic Docklands tower
US investment banking giant Citi has announced plans to refurbish its iconic Citi Tower in Canary Wharf at an estimated cost of £100m, in what would be one of the largest single building refurbishment programmes ever undertaken in the UK.
- M7 to float Bridgewater Place on IPSX
M7 Real Estate has purchased Bridgewater Place in central Leeds and has now unveiled plans for the proposed initial public offering of the property on the International Property Securities Exchange (IPSX).
- M&G snaps up West End offices for £132m
M&G Real Estate has acquired Ryder Court, a grade-A office building in London’s West End, for around £132m in an off-market deal.
- Commercial rent collection falls in December
Rent collection from UK commercial properties 21 days after the December quarter day was lower than in the previous quarter.
