Repositioning UK Office Assets—Risks and Opportunities: Best-in-Class vs. Out-of-Date

Over recent years, we have seen an office sector where occupiers are taking less space and using it in a different way in the United Kingdom, even when compared to five years ago. That trend, which was accelerated by the COVID-induced home working social experiment, coupled with the significant increase in scrutiny on environmental performance from both investors and occupiers, is driving an era-defining set of market dynamics and a clear need for repositioning and reuse of a significant proportion of the existing office stock.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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