October 2022 – London Office Buzz

Central London office space can be costly, especially for small to medium-sized businesses and start-ups looking to get an early foothold. Business parks present an appealing alternative for those looking to benefit from many of the perks and amenities available in Central London industry hubs. These benefits include cutting edge technology, flexible lease terms, great fit outs, collaborative atmospheres, and access to a wide range of networking opportunities – all without the exorbitant rental prices seen in The City.

In terms of location, London business parks are generally easier for employees to commute to. They typically provide cheap or free parking, calmer surrounds, and quick access to numerous major transport links. This ease of access makes business parks ideal for businesses that don’t necessarily need to be located in the heart of Central London.

It has been hard to narrow down a list of some of London’s best business parks, however, we have made sure to include the best from a scattering of locations in the Greater London area. By reading on, business owners can easily discover a top-tier business park near their intended area of operations, enabling them to take the plunge and put pen to paper.

Continue reading “The Best Business Parks in London” →

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Central London Market Overview

Over the past few years, most major UK office markets have witnessed an occupier flight to quality. The priority seen when it comes to the leasing and acquisition of high quality office space is understandable, particularly when you consider the volatility and uncertainty that dominated the global commercial real estate market in recent times. As a wide range of businesses, particularly SMEs, continue to be unsure about whether or not in-person working will return to prior prominence. This reality makes putting pen to paper especially difficult, as physical occupancy levels remain difficult to gauge and physical spaces become harder to justify.

A flight to quality makes sound investment sense in a volatile market, largely due to high-end assets tending to at least retain their value during periods of uncertainty. Additionally, large firms with a heavy investment in the smooth transition back to the office, both in terms of time and money, have sought to secure quality space to attract their workforces back in a physical capacity.

This priority for tenancy in Grade A office space has been extremely clear in London for a number of years, resoundingly consolidating itself during the pandemic and continuing to show no signs of abating.

So, how exactly is the Central London office market faring after years of upheaval? In this Central London office market report, we take a look at the most current industry data, explore ramifications of this data, and predict where currently observed trends will lead us.

Continue reading “Central London Office Market Report Q2 2022” →