UK:
The Growth Of The Serviced Office
07 March 2018
Travers Smith LLP
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A change in the way we work, ever-improving technology and a
shift in workplace culture are just some of the key drivers in
changing the way we do business faster than ever before. This has
been reflected in the real estate market by a rise in demand for
flexibility for a business and its physical operating arrangements.
The serviced offices sector is now ranked as the seventh largest
subsector of the UK real estate market, according to a recent PwC
report. This is echoed by the high volume of investment into this
area – particularly in London – where providers of
serviced offices were the biggest takers of office space in the
first half of 2017. Please click here to read our article in Financier
Worldwide about this sector.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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