Remote Work Empties London Offices, Pushing Vacancy Rates to 30-Year High
- London's office vacancy rate hits 30-year high as remote work reduces demand
- Financial services firm Jefferies says office usage down 20% since pre-pandemic
- Jefferies says rents starting to fall for most buildings except sustainable ones
- HSBC leaving Canary Wharf for much smaller City of London office
- Meta paying $181 million to break lease on 310,000 sq ft London office