Tag Archive | "serviced office"
Orega appoints new regional sales manager
Quality serviced office provider Orega has appointed Adam Sutton as a new regional sales manager and has restructured its existing sales team to better reflect its geographical spread. Adam will have responsibility for Orega’s business centres in Staines, Slough and Wandsworth. He was previously at West London commercial chartered surveyors Vokins where he handled office, [...]
Continue reading...Two major signings for the Beehive at Gatwick
Thursday, January 28, 2010
Two major new occupiers have signed for a total of 128 workstations at Orega’s Beehive business centre near Gatwick airport in West Sussex, taking the building to 80% occupancy within a year of its opening. APV, which is part of US-based industrial conglomerate SPX, has signed for 79 workstations, totalling 4,500 sq ft, in the business centre. [...]
Continue reading...Why Serviced Offices Are Cheaper Than Traditional Office Space
Thursday, August 27, 2009
Renting an office can be a cost prohibitive venture, especially for sole proprietor businesses, or other types of small companies. However, there is a better solution, one that can be tailor made to fit the needs of businesses that need an office, but do not need it full time. Serviced office space is measured in [...]
Continue reading...Orega extendes its service
Friday, July 10, 2009
Serviced office provider Orega has taken 37,000 sq ft in two properties owned by Carlyle Group for its first centres in the Midlands and the north-west of England. It has taken 17,000 sq ft at Three Piccadilly Place in Manchester, which was developed by Argent. This follows a 20,000 sq ft letting at Birmingham’s Colmore Plaza, where [...]
Continue reading...Workspace and Glebe aim to refinance joint venture
Friday, June 26, 2009
WORKSPACE GROUP IN TALKS to refinance its 1.2m sq ft development joint venture with David Philips’ Glebe. The London business space provider admitted on Monday in its annual results that the joint venture’s £134m drawn debt from Bank of Scotland Corporate was more than the value of £129.6m value of its properties as [...]
Continue reading...MWB extends £348m loans
Friday, May 1, 2009
MWB Group this week extended £348m of loan facilities that were due to expire at the end of this year for a further two years. The facilities provided by Bank of Scotland Corporate and the Royal Bank of Scotland are three separate loans to MWB, its hotel division, which comprises the Malmaison and Hotel du [...]
Continue reading...Average stay rises for occupiers of serviced office space in the UK
Friday, April 3, 2009
According to recent examination of occupancy figures by the BCA (Business Centres Association), there is a significant rise in the average length of stay of serviced office occupiers in the UK. It usually seems that prospects only move into serviced office space for a short period of time, however, the 2008 figures have clearly shown [...]
Continue reading...Serviced office space provider MLS to close centres
Monday, February 2, 2009
With the current economic climate, MLS has decided to close most of their semi-serviced office space in London. Most of their west-end locations will be closing apart from the Bayswater business centre. The serviced office space provider is also closing its fully serviced office space in Manchester and Milton Keynes. There will be still 60 UK [...]
Continue reading...MWB shares jump 11% after strong statement
Thursday, January 15, 2009
Shares in MWB Group rose 11% to 37p on Monday, following a surprisingly upbeat trading statement. The company, which comprises serviced office company MWB Business Exchange, the Malmaison and Hotel du Vin chains, and Regent Street department store Liberty, said that trading had been strong in all three divisions in 2008. MWB Business Exchange experienced a reduction [...]
Continue reading...Businesses turn to serviced offices through the credit crunch
Thursday, January 15, 2009
January 2009 started on a very positive note for the serviced office market with the enquiries and renewal deals increasing dramatically as a direct result of the economic uncertainty. Businesses are seeking short term and flexible office space to rent for a year or two, leaving on hold long lease plans until the global economic [...]
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Monday, March 1, 2010
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