Number of businesses looking for offices to rent falls23rd July 2010

The number of businesses looking for offices to rent has seen something of a slowdown recently but things may not remain that way for long, it has been suggested.

According to the latest figures from The Royal Institution of Chartered Surveyors, has declined in the commercial property sector with seven per cent more chartered surveyors reporting a slide rather than a rise in tenant demand in the second quarter.

James Roberts, head of central London research at Knight Frank, stated that after nine months of higher than average uptake, it is not unusual to see a slowdown.

"There were above average levels of take-up in the City between quarter three 2009 and quarter one 2010," he said.

He added that a return to confidence could be provided by the completion of a big deal.

CB Richard Ellis recently reported that commercial property capital growth slowed to 0.6 per cent in June.

« Back to news list

 

Other News

Serviced offices in Cardiff could provide 'window of opportunity'
Those in serviced offices might be able to benefit from landlords' flexibility, it has been suggested. Read More »
Faster broadband potential for those in serviced offices
Those in serviced offices may soon be able to make use of faster internet. Read More »
Businesses set to benefit from new fund?
Businesses may find a new government fund to be beneficial. Read More »

Register
A serviced office at Office Space in Town provides you with flexible office space so you can get on with running your business. Using a serviced office takes all the hassle away. We offer quality, good value serviced office space.
One of our virtual offices will create the right impression for your business. We offer a range of solutions from a full virtual office to call handling and business addresses at any of our locations. With a virtual office you can have a prestigious business address while working from home
Offering quality meeting rooms and training rooms in Edinburgh and Northampton. Suitable for meetings, training and conferences we also provide all the business and IT support you need to get the most out of your meeting. Our dedicated meeting room teams ensure your meeting and room hire is a success, with catering and drinks available.