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Recession

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Citibase Serviced Offices Thrive in Recession

Serviced office operator Citibase has revealed its best ever financial results as its economical office space continues to appeal to companies setting up during the recession.

Citibase told retail and commercial property magazine Property Week that its latest results are the best that the company has seen in its 16 year trading history, having broken the £1m barrier, with [...]

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Serviced Office Operators Prioritise Customer Care During Downturn

The key to surviving the economic crisis for Serviced Office operators is to raise service levels and retain existing clients; that is according to John Spencer, Chief Executive of the biggest operator of serviced offices in London MWB Business Exchange. 

Last month Spencer told commercial and retail property magazine Property Week that serviced office operators [...]

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City Property Slump Sees Increased Landlord Flexibility but Hesitant Tenants

With commercial property in the City of London performing at its worst for some 20 years Landlords are dropping prices and becoming more flexible to encourage City take up.

Recent reports by some of the leading commercial agents in the City have revealed that take up for the 1st quarter of 2009 is the worst [...]

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Office Rentals in the City of London Suffer and Sub-Lets Increase

The number of companies taking office rentals in the City of London has reached a “new low” according the Financial Times.  The paper is this week claiming that figures show the take up of offices in the City has fallen to its lowest for more than 20 years.

There has also been a noticeable increase in the [...]

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Regus Announces Profit Increase for 2008 But Predicts Home Worker Increase for 2009

The UK’s leading serviced office operator Regus Plc has announced its annual results for the year ended 31 December 2008 which saw an overall increase in year revenue from £0.86 billion in 2007 up to £1.07 billion. Regus’ Profits before taxation increased from £119.4 million in the previous year to £149.2 million for 2008.  Impressive [...]

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Serviced Offices in W1 Offer Some of the Most Flexible West End Office Space

Serviced Offices in W1 from The Space London Limited are now offering increased flexibility, affordability and bespoke serviced office space to help companies during the recession!

The benefits of serviced offices are becoming more and more apparent with an increasing number of businesses choosing this flexible, cost effective alternative to long term leasing amidst a tough [...]

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Downsize for the Downturn – Pay ONLY for the Office Space that you Use with Serviced Offices

A news release by CBI, the premier lobbying organisation for UK business on national and international issues, has revealed the results of their 6 monthly, GVA Grimley-sponsored survey.   Focusing on the effects of the credit crunch on commercial and retail property, the results indicated that not only have fewer businesses expanded their property portfolios over the [...]

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Cheap Serviced Offices, HOT DEALS on UK Serviced Offices!

Credit Crunch, Downturn, Recession call it what you will, but whatever you do call it don’t let it put you off your next office move! That’s this week’s advice from Easy Offices who have seen an unprecedented amount of Serviced Office deals circulated from Office Space operators over the past fortnight.

In fact, if you [...]

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Serviced Office DEALS DEALS DEALS!

Credit Crunch, Downturn, Recession call it what you will, but whatever you do call it don’t let it put you off your next office move! That’s this week’s advice from Easy Offices who have seen an unprecedented amount of Serviced Office deals circulated from Office Space operators over the past fortnight.  

 In fact, if you [...]

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Further Redundancies in for Commercial Agents

Recession doom and gloom continues to effect Commercial Agents on both a UK and international scale with Knight Frank having reportedly laid off a quarter of its staff based in Spain according to commercial and residential property magazine Property Week.  Staff have been cut from both residential and commercial property sectors amounting to a total of 50 redundancies [...]

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