Occupier

Bruntwood SciTech ramps up lab development plans as COVID-19 testing begins

Alderley Park one of three national locations to spearhead coronavirus fight
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Expert Reaction: Reports of the death of the office have been greatly exaggerated

Don’t write the office off just yet - home working has proven the value of the human side of business, despite new technologies and working practices being accelerated into adoption
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US law firm eyes 22 Bishopsgate

Another law firm commits to new London headquarters
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Will sellers resist investors’ attempts to renege on deals via legal escape route?

Investors are turning to 'coronavirus clauses' to provide a legal get-out on deals if things go from bad to worse
  • Material adverse change (MAC) clauses are creeping into property contract because of the change in trading conditions brought about by COVID-19
  • Sellers broadly expected to rebuff buyer attempts to insert the get-out clause
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Chinese tech giant Huawei ramps up search for Dublin office

The tech business is reviewing office options of up to 30,000 sq ft
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Expert Reaction: London will rely on diversity of occupier market to weather the storm

A snapshot of how London's office market is faring amidst an unprecedented crisis
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Dublin’s Q1 office take-up topped 1m sq ft - but COVID dampens demand

Five pre-lets fueled take up in Dublin in the first quarter
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MoD deems Bristol office surplus to requirements despite signing 10-year lease

800 Aztec West already deemed surplus to requirements
  • 32,000 sq ft to be offloaded
  • Building does not meet security requirements
  • Government paying £640,000 of rent each year
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