Occupiers look for flexible friends

Article Abstract:

Many companies are looking to arrange more flexible leases for their rented buildings, in order to suit the changing market for their products and services. Firms which deal in information technology and telecommunications need to be able to change rapidly. Serviced office firms can often provide the sort of conditions demanded by prospective occupiers. The area around Heathrow Airport, London, England, is becoming important for companies wishing to sign flexible leases. Some agents suggest the demand for shorter leases will also be taken up by industrial and distribution firms.

Management, Supply and demand, Commercial leases, Commercial buildings, Heathrow Airport

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The quest for prime numbers

Article Abstract:

Some business sectors are more sensitive than others to the cost of occupying office accommodation in the centre of London, England. Several business sectors have changed their position during the 1990s in relation to the average rents paid relative to prime rents. The legal sector, for example, has been more prepared to pay higher rents during 1999 than was the case at the end of the 1980s. Financial services companies have also been willing to increase their occupational cost base.

London, England, Buildings and facilities

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Gleam of certainty: office occupiers in London are looking for guaranteed delivery in a market with record low levels of supply

Article Abstract:

Office occupiers in London are facing a lack of supply, with the rush to sign up for future space. Research shows there have been 11 major prelets over the past two years and there are currently only two schemes of over 18,580 sq meters being built in central London. Owner occupiers often take an equity, therefore having control of the investment and enabling occupiers to negotiate more flexible lease terms.

Real estate, Real property

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