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City Guide of NYC

Population & Landmark… The first European settlement on Manhattan was by the Dutch, and named the city New Amsterdam. In 1664, the British took over and renamed it New York. The settlement rapidly flourished, expanding from south to north along the island. Mass immigration in the 19th and early 20th century saw the emergence of [...]

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Orega Hosts BCA’s Midlands meeting

Orega’s Colmore Plaza business centre, with its sweeping views across the Birmingham skyline, played host this week to the Business Centre Association’s latest regional meeting. More than 40 people from the business centre industry were treated to an informative and entertaining programme of speakers and panellists over the course of the day. Following an introduction by [...]

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Three new strategic appointments for Orega

High-end serviced office provider Orega has made three new strategic appointments to support the continued expansion of its business centres across the UK. Phil Perchard has joined as head of sales, Jean Eustace as director of operations and Jessica Cox as marketing manager. All three roles are newly created and reflect significantly increased activity by Orega [...]

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OREGA APPOINTS LONDON PROPERTY SPECIALIST

High-end serviced office provider Orega has appointed property specialist Alex Peers as a consultant to help drive its expansion into the London market. Alex has more than 20 years’ experience of the capital’s property market gained through working at Allsop & Co, Farebrother, Maris Midtown and Asset Interiors, as well as running his own surveying business. He [...]

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Why Serviced Offices Are Cheaper Than Traditional Office Space

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 [...]

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OREGA CREATES A BUZZ WITH THE BEEHIVE

Expanding serviced office provider Orega has this month opened a new 22,000 sq ft business centre in The Beehive next to Gatwick Airport in Crawley, West Sussex. The iconic art deco building, which was the original airport terminal, has been taken by Orega on a new 10-year joint venture management agreement with the [...]

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Fair value in City but gloom to stay

City offices have reached fair value and the West End market will follow in the second half of this year, DTZ said this week. However, the agent also warned that there was no “near-term end to the market’s misery”. Its annual Money into property report, published on Monday, showed for the first time in its 34-year [...]

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MWB extends £348m loans

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 [...]

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Cost effective & environmentally friendly office space? Look to the UK serviced offices industry for hope

In the current global recession, the environment is maybe not an overriding concern for most businesses. Having an eco-friendly business and office is usually associated with more cost and with most companies currently looking at cutting costs, making an environmentally friendly office space may get pushed way down the agenda. Despite these preconceptions and the global [...]

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Average stay rises for occupiers of serviced office space in the UK

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 [...]

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