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Facebook’s parent company, Meta, has been abandoning real estate as it redesigns its offices with more shared work areas and hot-desking. It comes amid a new hybrid working policy for staff.
Landlord British Land says decision will knock earnings for six months to next March
Real estate giant British Land said it has seen "continued momentum" in the second quarter, with leasing income growth continuing to outpace estimated rental value (ERV).
Facebook owner Meta has surrendered the lease on a building in London's Regents Place, which has been earmarked by its landlord for a major new development.
The suave Scot found fame in shows and films like The Man From U.N.C.L.E., The Great Escape and NCIS.