Among the hundred or more office developers and investors gathered in a Mayfair hotel in early February, it was possible to detect a sense of optimism that has been absent since Covid-19 first swept the UK in March 2020.
Conversations over breakfast flitted between the amount of cash targeting London workplaces to the record-high rents companies were willing to pay, and the difficulty in securing deals amid stiff competition. From the stage, hosts from estate agency Knight Frank posed a question: “Are offices more in demand than ever?”