While news that Edinburgh’s office space market experienced accelerated demand last quarter would normally be greeted with joy, concerns have begun to arise that the current supply in the northern capital will soon be exhausted.
With large swathes of office space in Surrey going vacant, local business leaders have voiced their concern in an effort to find a way to revitalise the economy within the region.
Commercial premises play a role in establishing the culture of your business as well as simply providing a place to get work done, experts say.
One serviced office space provider has recently pledged to do its part to support new start-ups by providing 30,000 young entrepreneurs free office accommodation.
One new report from commercial premises specialists GVA has revealed that it could be as little as 18 months before the Grade A office accommodation in Edinburgh is exhausted.
Your next business meeting may soon take place at your closest motorway service station after a new office accommodation deal signed by a major serviced office space supplier, according to recent reports.
If you’ve got commercial office space that’s sitting vacant and not earning you any money due to the poor economic conditions in the commercial premises market, one expert says you should consider converting the space into a gym instead.
The North East of England has seen a substantial increase in the number of firms taking up serviced offices, it was recently revealed.
A Canadian developer has snapped up more than £500 million worth of office space in London from Hammerson, with the massive efforts spearheaded by former Hammerson boss, Martin Jepson.
Calderdale Council is poised to undertake reorganisation efforts in order to sell off its excess and no longer fit for purpose office space, it was recently reported.