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After more than two years on the market, serviced office provider London Executive Offices (LEO) was sold to Celvam Management last week for around £475m – almost a third less than the £700m it was reported to have been up for sale for in 2016.

Office Space in Town is delighted to announce we have recently raised £2,000 for the Good Companions Cuppa Lunch Club in Northampton. Karen Hone, General Manager at our Northampton Business Centre, first posed the idea of supporting the Good Companions through her own volunteering efforts. The club was formed in late 2016 by Karen Smith – a lady wanting to make a difference and whose prior redundancy forced her to take action on an issue close to her heart - loneliness.

A shift to remote working during the Covid-19 pandemic has shown the importance of the office for businesses and their employees and its essential role as a hub for collaboration, community and development. So, what can we expect in the office market as we enter 2021?

What does the financial uncertainty of the pandemic mean for the future of flexible workspace? In a recent comment piece for Estates Gazette, Niki Fuchs, Managing Director at OSiT, outlines her thoughts on what she believes the future holds for flex in light of WeWork’s reported 2019 loses and the ‘material impact’ that COVID-19 has had for its business.

In every office there’s at least one person with a desk that everyone looks at in fear and leaves it with a small desire to sneak back and tidy it, becoming the office equivalent to the shoemaker and the elves.

Have you noticed a difference since the clocks went back last weekend? To some, the change may seem insignificant but, for many of us, this can have an impact on our energy levels, productivity and wellbeing.

The much publicised decline of WeWork has potentially significant consequences for the company’s tenants (who risk losing their business premises), employees (who have experienced a wave of staff cuts recently) and landlords (who are potentially facing large losses of income in unpaid rental arrears.

With each day that the pandemic persists, the UK’s productivity is suffering. In fact, a record fall in output per worker of 19.9% in the last year is staggering evidence of this. Employees working remotely are demotivated, burned out and lacking the many benefits of office work.

After an extended period of time where we have been told to stay indoors, protect the NHS and save lives, returning to the office and changing our behaviour patterns won't necessarily be easy. Many people will be concerned, even anxious about the thought of returning to work, their commute and integrating with colleagues. The OSiT team is here to help ease the transition back to the office and to help our clients and staff feel confident as they return to work. So, how are we doing this?