EG brings you a few highlights from yesterday’s news, in case you missed the daily round-up
TOP STORY: From banking to bendy: how the City is changing
James Stirling’s iconic City building at 1 Poultry, EC2, has been an insurance headquarters for 32 years. But soon, the Grade II listed offices overlooking Bank Station will be populated with the yoga-practising entrepreneurs, freelancers and small businesses attracted by co-working giant WeWork.
EXCLUSIVE: LBS buys Tech City office blocks
LBS Properties has acquired two office buildings close to Old Street Roundabout with consent for a 70,000 sq ft redevelopment.
NEWS: Greystar sets sights on record-breaking Croydon tower
US multi-family giant Greystar is in advanced talks to buy what will be the world’s largest modular tower as part of its UK build-to-rent expansion.
INDUSTRIAL SPECIAL: Going underground: the warehouse of the future
Whatever the future for the logistics and warehouse sector, a shortage of land will remain a constant and ever-more pressing issue. But plans, ingenious and outlandish, are being made to avert a crisis.
LEGAL: The brave new world of serviced office valuation
Serviced offices are part of the wider market for commercial property in which businesses can choose between buying property or renting/leasing office accommodation. Serviced offices offer a flexible arrangement for companies, although this typically comes at a premium to cover the additional costs of marketing and managing multilet buildings on short-let agreements.
