The owner of Helical has said that “the sentiment has taken away from WFH”, as the landlord of the London office updated on the collection of rent.
Gerald Kaye said that “companies appreciate the importance of the office in motivating teams, as well as collaboratively and with far greater effectiveness”.
The Chief Executive said: “Best-in-class permanent offices are in strong demand and driving a ‘green’ rental premium. The increasing amount of obsolete old space forces us to redevelop or refurbish to create new best-in-class offices raw material will be provided.
Helical joins rivals in reporting better central London footfalls, with many companies bringing employees back to headquarters after lockdown, even though hybrid work is more popular for only part of the week.
However, there are some companies that want to reduce the space occupied by them.
Helical said that till October 7, it had collected 92.9% of the rent for the September quarter (which covers the next three months).
It expects to achieve a further 4.2% through agreed payment plans, with the remaining 2.9% subject to ongoing discussions.