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Coronavirus amplifies demand for flexible office space
Coronavirus amplifies demand for flexible office space

Office leases are getting shorter. In Hong Kong, an average office lease lasts three years. In the U.K., it’s six. In the U.S., it fell 15% in the first five months of 2020 to seven years ...

Weston launches 65,000ft² of flexible office space (GB)
Weston launches 65,000ft² of flexible office space (GB)

Weston Business Centres have launched flexible working spaces at two newly-refurbished Business Centres in Stansted and Colchester in Essex aimed at businesses looking to relocate post the COVID-19 ...

Kamco Invest and M7 Real Estate acquire UK office portfolio
Kamco Invest and M7 Real Estate acquire UK office portfolio

Kamco Invest and M7 Real Estate have completed the acquisition of three office buildings in three separate transactions across primary regional UK cities. The transactions are supported by Aviva ...

Investec completes €111.5m office disposals (GB)
Investec completes €111.5m office disposals (GB)

Investec’s Structured Property Finance team has completed the disposal of three office assets for a combined consideration of €111.5m (£100m). The company has successfully ...

CMN acquires Prague office portfolio for €74.5m (CZ)
CMN acquires Prague office portfolio for €74.5m (CZ)

Ceskomoravska Nemovitostni (CMN) has completed the purchase of two office buildings CITY WEST C1 and C2 in Prague. The buildings have been purchased from CFH, a Luxembourg-based ...

BauMont invests in Thames Valley Park (GB)
BauMont invests in Thames Valley Park (GB)

BauMont Real Estate Capital Ltd has exchanged contracts to acquire Buildings 4 and 5 on Thames Valley Park from Microsoft. The deal is BauMont’s third in the UK in the last 12 months.The ...

UKCM sells London office building for €44.2m (GB)
UKCM sells London office building for €44.2m (GB)

UK Commercial Property REIT has completed the sale of its only City of London office asset, Eldon House, for €44.2m (£40m), following exchange of contracts in early May. UKCM acquired ...

Only 20% of companies intend to reopen as soon as government restrictions are lifted
Only 20% of companies intend to reopen as soon as government restrictions are lifted

Most companies included in an analysis by CBRE plan to take a gradual, cautious approach to bring employees back to their workplaces as governments begin to lift restrictions tied to COVID-19. ...

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