All Property vertical (real estate) articles
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OperationsVodafone closes Newbury HQ sale
Operator to lease portion of the campus but vacate three buildings.
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Strategy & Change
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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Strategy & Change
Elsewhere in Telefónica Group: operator leases out Málaga property for €12m
Telefónica continues real estate rationalisation programme.
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Strategy & Change
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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Strategy & Change
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.
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Strategy & Change
Elsewhere in BT Group: Procurement adopts spend management system
Procurement adopts tail spend management system; new stakeholder engages workers union; BT’s future HQ under new ownership.
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Public Affairs
BT re-enters union talks, with strike action looming large
BT gets “serious” in negotiations with CWU and is said to have halted redundancies — for now. Union looking to secure assurances on job security for “all” members. Proposed ballot to go ahead in early-June if talks come to nothing.
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Strategy & Change
Vodafone adds smarts to real estate strategy
Technology from acquisition IoT.nxt is helping Vodafone to better optimise its office space. Rollout chimes with coronavirus challenges and Group’s cost savings goals. External customers being scoped out for system.
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Enterprise (B2B)
Elsewhere in BT Enterprise: ESN-ready device pilots
East Anglian emergency service adopts EE-supported ESN tech; operator lends helping hand to property developer’s digital transformation.
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Operations
BT’s revamped Newcastle office set for re-opening
Operator to inaugurate opening of “one of first” upgraded offices under Better Workplace scheme. “First phase” of site redevelopment completed, with hybrid working practices helping maintain operations in meantime. Gosforth to prioritise employee welfare as a means to boost customer service.
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Suppliers & SCM
Hot property Sitetracker expands ties with Vodafone
Group buying and property units join forces to form new collaboration with project management software supplier. Sitetracker builds on collaboration with Tomorrow Street, securing tie-up with latter’s parent VPC.
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Venturing & Investments
DT, DFS partner for Droniq UAS tracking
Deutsche Telekom (DT) and DFS Deutsche Flugsicherung (DFS), the German air traffic control service, confirmed the formation of a joint venture (JV) called Droniq.
