20th January 2021
For And Against Flexible Offices
5th October 2020
Uncertainty, about the economy as businesses battle with the impact of Coronavirus is leading companies to weigh up leased offices against more flexible or serviced options.
Early during lockdown we conducted a series of webinars looking at how companies could return to the office. The webinars can be found here
We identified reasons for and against considering flexible offices over a conventional lease:
Reasons for a flexible office
- Mitigate financial risk
- Speed and simplicity of occupation
- Lower one off and up front costs.
And against a flexible office
- Control and Privacy
- Is increased workspace density an increased risk?
- Brand Control
- Lifetime Costs
As head of BBG’s flexible office team I work to help our clients source and negotiate the right options. I elaborate on the for and against points in the video below.
Please share your views with us by the comments section, or if you’re thinking about reviewing your office provision please get in touch.
This article was written by Nick Jones
About BBG Real:
BBG Real Estate Advisers are commercial and flexible office space advisers based in the City of London. We help a landlord find an office tenant, a tenant to sublet surplus space or help a company find a London office to lease or rent on flexible terms. For a conversation about how BBG might be able to help you in your office strategy please get in touch with one of our team: Contact us.