All Property vertical (real estate) articles
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Operations
Openreach opens ‘snazzy’ new City HQ
BT’s access services business has moved its HQ to a new site in London, closing out a tenure at ‘tired’ King’s Cross offices.
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Strategy & Change
TowerCos move to defend turf against ‘very aggressive’ land bankers
Real estate-poor European TowerCos brace for land bank predators. Not-a-TowerCo Cellnex taking initiative with creation of Celland LandCo. Yet another area where the US sets the pace. Read more…
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Weekly Briefings
BTwatch Weekly: Adastral refocused as Networks domain; One Touch Switch Glitch; Biz boosters…
Latest from BT ecosystem: reassurance that R&D hub remains critical to Group operations; slammed again over One Touch Switch delays; Broadpeak, Sprinklr join roster; Business boasts renewal; and much more…
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Strategy & Change
MCR becomes BT Tower custodian in £275m hotel makeover
Iconic London landmark set for radical change of use in hands of experiential hotel operator MCR.
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Operations
Six Vodafone offices and data centres up for sale
Sites worth a total of approximately £100m listed for sale.
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Operations
HSBC to take up tenancy at former BT HQ
UK bank makes plans to move to St Paul’s offices as hybrid working cuts the need for Canary Wharf tower.
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Premium
BT opens Belfast office, ‘on track’ to complete UK real estate revamp
BT cuts ribbon on 2,000-seater Riverside Tower hub.
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Premium
Vodafone closes Newbury HQ sale
Operator to lease portion of the campus but vacate three buildings.
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Premium
Elsewhere in Vodafone Africa: STE strikes deal with IPDC to build Addis Ababa data centre
Vodafone Foundation commits to national expansion of maternal health programme; M‑PESA leads growth in real‑time A2A transactions.
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Premium
Elsewhere in Telefónica Group: operator leases out Málaga property for €12m
Telefónica continues real estate rationalisation programme.
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Premium
Elsewhere in Telefónica Group: Telefónica chairs ERT meeting
Telefónica chairs European Round Table for Industry meeting at Madrid HQ; launches host of environmental and inclusivity initiatives.
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Strategy & Change
Vodafone to roll out hybrid working, shrink Newbury HQ
Vodafone seeks sale and leaseback options for The Connection HQ, new Manchester and Newark hubs, and repurposed Stoke-on-Trent site all part of shift to permanent “blended working” model. New approach to work underpinned by “flexibility and trust”, instilling lessons learnt under pandemic conditions.
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Strategy & Change
Vodafone in the market for London real estate
Reports indicate desire for more office space in London alongside Paddington HQ. Growing software engineering team seemingly looking for desks, with Future Ready hybrid-working model rolling out in parallel.
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Premium
Elsewhere in BT Group: another Newcastle call centre to get refurb
Ericsson meetup for tech team; Second Newcastle call centre set for facelift; Osborne misses out as BT’s M&A chaperone boosts takings.
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Strategy & Change
Elsewhere in Telefónica Group: €100m spent on HQ digital refurb
Telefónica splashes out €100m on HQ digital refurb; Prosegur plots LatAm expansion with “ally” Telefónica.
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Strategy & Change
Elsewhere in Systems Solutions: OVHcloud’s IPO
IPO to fuel Europe’s “cloud champion”; T-Sys’s Spanish unit reveals new HQ; sustainability concerns presented as commercial opportunity.
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Operations
Telefónica turning Madrid HQ into digital skills factory
Group ups corporate social responsibility efforts by dedicating real estate to societal pursuit of digital adaption. Talent Hub aims to re-skill 100,000 people per year. Internal skills upgrade high on Group agenda.
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Strategy & Change
Elsewhere in Deutsche Telekom Group: Deutsche Funkturm flags mast deal
DT adds TripleA to tower-building team; real estate “right-sizing” takes effect.
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Strategy & Change
DT’s real estate “right-sizing” takes effect
Deutsche Telekom’s property rationalisation, optimisation, and “right-sizing” project, mooted by execs at the Capital Markets Day, has started in earnest. Offices in Ansbach, Flensburg, and Regensburg among the first to change.
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Strategy & Change
BT Global shuts down Kuwait HQ
Division’s rationalisation of Middle Eastern footprint continues as Group confirms closure of Kuwaiti facilities. Residual presence in country — and region — maintained via new reseller alliance with Ooredoo.