Although an older story, it’s still significant and if it’s good enough for the FT republish it within the week, I’m going to suggest it’s good enough for us to do as well
Historically, leases in Central London have been as long as 20 years, typically upward of 7 years but WeWork amongst other shorter term “flexible” office providers have reshaped the industry.
Landsec, formerly Land Securities have now officially joined the market with their brand Myo which will not aggressively compete on price but will instead pitch to the mid and upper ends of the market
Watch this (commercial) space…
