London firms are overcorrecting on office space amid RTO push, adding to a $43 billion upgrade bill across the capital, JLL estimates
London office space may require upgrades surpassing $43 billion to prevent millions of square meters of office space from becoming obsolete, just as businesses step up their return to office drives.
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London firms are overcorrecting on office space amid RTO push, adding to a $43 billion upgrade bill across the capital, JLL estimates
according to research by real estate services company Jones Lang LaSalle (JLL). The group has identified an alarming fall in vacancy rates, with London’s West End holding just a 1.7% vacancy ...