Clifford Chance Appoints Cushman & Wakefield To Review London Real Estate Strategy
A multidisciplinary team at Cushman & Wakefield will ensure that Clifford Chance’s long-term real estate strategy is informed by market-leading insight on workplace experience, sustainability and wellness. Clifford Chance has been based at 10 Upper Bank Street in Canary Wharf since 2003, when it relocated from the City of London, with its lease running until 2028.
Michael Bates, UK Managing partner at Clifford Chance, said: “We have learned a lot over the course of the pandemic about the importance of the workplace experience to our culture, our colleagues and our clients. With so many leaps forward in what is possible, and with clients based right across London, it is particularly important that we think seriously about the 'where' and 'how' of the future of our London space in the longer term. We look forward to working with Cushman & Wakefield, which is at the forefront of thinking on the future of the office, to understand our potential options.”
James Meikle, Head of London Occupier Representation at Cushman & Wakefield, said: “This is a generational opportunity for Clifford Chance to align its real estate strategy to its future business strategy, supporting its delivery of services and the recruitment and retention of the best legal talent in London. Making long-term decisions, during the most challenging and uncertain times in modern history, requires a clear vision and robust strategy. We are excited to work with Clifford Chance and to provide the analysis and data to enable the firm to make an informed decision on its London real estate.”
Cushman & Wakefield has further strengthened its UK Logistics & Industrial team by hiring capital markets specialist Christopher Robinson as a Partner.
Commercial real estate services firm, Cushman & Wakefield, has appointed Emily Fox as a Partner to lead its Residential Valuation & Advisory team in the Midlands.
Advised by Cushman & Wakefield, Coventry University has sold a 627-bed first-generation halls of residence with significant asset management opportunities for an undisclosed sum to Frogmore.
Central London office occupiers’ focus on the best quality workplaces intensified in Q1 2023 with Grade A space accounting for two-thirds of leasing activity – the highest quarterly proportion since Q3 2018, according to global real estate services firm Cushman & Wakefield.
Richard Coleman • 25/05/2023
The UK and Germany top the list of most expensive regions to fit out an office with costs expected to remain high in the near term before falling in 2024.
Lauren Joselyn • 05/04/2023
New data from real estate services firm Cushman & Wakefield reveals that regional office leasing activity is following the trends seen in London and is demonstrating structural shifts in office demand.
Year-End Central London Office Leasing Figures Show a Changing Landscape
Market analysis from real estate services firm Cushman & Wakefield shows that Europe’s office leasing markets are in rude health as they reap the benefits of markets fully reopening from Covid-related restrictions.
FTSE 250 recruitment business, Page Group has signed the lease for a new London HQ at the iconic 80 Strand in Covent Garden.
Cushman & Wakefield has appointed Kiran Patel as an Associate Director within its UK Research & Insight team, focusing on the offices sector.
Cushman & Wakefield has expanded its land, development and planning team in Leeds with the appointment of Matt Brear as Associate Director.
This autumn, we’re excited to unpack our vision for the future of six UK cities: London, Birmingham, Bristol, Manchester, Leeds and Edinburgh. We consider how well placed each is to manage the challenges and opportunities ahead.