Legal briefing | Real Estate |

The growth of the serviced office, by Paul Kenny, Tom Purton and Gareth Wynne

Overview

A change in the way we work, ever-improving technology and a shift in workplace culture are just some of the key drivers in changing the way we do business faster than ever before.

This has been reflected in the real estate market by a rise in demand for flexibility for a business and its physical operating arrangements. The serviced offices sector is now ranked as the seventh largest subsector of the UK real estate market, according to a recent PwC report. This is echoed by the high volume of investment into this area – particularly in London – where providers of serviced offices were the biggest takers of office space in the first half of 2017. Please click here to read our article in Financier Worldwide about this sector.

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