London wants flexible office space
March 3rd, 2008 | by James Jones
MWB Business exchange say that financial service and banks are making a very clear move to serviced office space. A seventy-four percent increase in leasing of serviced offices goes to prove this and its expected to continue through and after the credit crunch situation.
In the Canary Wharf office space that MWB leases out to clients, the rise in workstation rental has shot through the roof as uncertainty takes over the market.
Other industries have also shown an increase in the use of serviced offices. The telecomms industry renting increased by forty-nine percent, government and public sector increased by thirty-two percent and IT by fifteen percent.
Some great research by MWB is showing that several markets are warming to the idea of serviced office space and it is no longer becoming a solution that suits the minority.
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