Housing secretary, Michael Gove, has ordered a six week pause to determine whether he should have the final say on proposals for the MSG Sphere in Stratford
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That's another fine MEES you've got me into As April 2027 and 2030 deadlines loom how realistic is meeting EPC C and B ratings for run-of-the-mill London offices? The definition of run-of-the-mill London Offices is more than a tad vague so we grabbed an example off Langham Estates stock in Margaret Street. The fourth floor at number 19 is on the market and currently has an EPC rating of D. By 1st April 2027 this will need to be improved to C, and B by 2030. The floor in this building must be typical of a fair amount of secondary office space in London. One would assume the Langham have already done the simple stuff like energy efficient lighting, heating controls and the likes so begs the question what would need to be done to get that certificate to C and B...
British Land’s decision to rebuff Meta’s alternative tenant, for space at Triton Square they never occupied a “sign of confidence in the London office market”?
We are pleased to be instructed on Bridgegate House, 124-126 Borough High Street, Southwark SE1.
WeWork, Wont, Worked, What? As WeWork try to renegotiate nearly all its leases, the comment “many landlords are expected to listen” seems somewhat trite as will many landlords really have an option? “It’s better to engage smartly with WeWork and see what’s available than not talking at all,” said Isaac Marcushamer, an attorney at Miami-based law firm DGIM. (well, he would say that wouldn’t he?) Should they decide not to listen, however, heaven forbid they respond, “We Won’t” as WeWork has, allegedly, just sent a cease-and-desist letter to rival Codi in response to the startup’s recent marketing campaign it dubs “WeWont” WeWork still has wide name recognition from its fast growth, post founding in 2010. It later had to scrap its first attempt at an initial public offering before ousting its co-founder and CEO, Adam Neumann, and embarking on cost cuts. That turnabout was so dramatic it was the topic of an AppleTV mini-series, "WeCrashed Work, Wont, Crashed [...]
British Land has planning for a 140,000 sq ft last mile logistics hub in Southwark, close to the junction of New Kent Road, Old Kent Road and Tower Bridge Road
WeWork is closing down its 133 Houndsditch site and evicting its tenants. The firm is, supposedly, helping members move to nearby WeWork locations.
The Mark - a new City development of 215,000 sq ft offices with cultural, food & beverage and retail space
PineBridge Benson Elliot has secured planning for 215,000 sq ft sustainable offices in The City including 14,000 sq ft of food & beverage, and retail space.
Landsec has backed prime London offices by committing to its 380,000 sq ft Timber Square development in Southwark