The UK’s burgeoning shared-office market is being fueled by corporate demand
The UK’s burgeoning shared-office market is being fueled by corporate demand and smaller niche providers, with larger brands accounting for less than a fifth of the market, research has revealed. A newly published report shows that flexible office centres across the UK increased by 10% to 5,320 in 2017, helped in part by a 4.9% increase in the total number of operators during the period to more than 2,800 companies. In London, Regus held 8%, WS Group was 6%, London Executive Offices (LEO) was 3%, The Office Group (TOG) was 2%, The Boutique had a 2% share and WeWork had 2%, with the other providers accounting for 77%.
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"John Woodhouse has played an important role in our growth by brokering all our property acquisitions and meeting our accomodation needs. John quickly grasped the nature of our business and understood our requirements for flexibility, which we achieved in our lease terms. He has also been able to obtain very advantageous Options Contracts for us to allow us to respond to market conditions in years to come. I would recommend the use of Bond Woodhouse to anyone requiring an innovative and pro-active approach to the acquisition of commercial property."
G M Roope | SNC Lavalin
“Having worked with a number of property agents in the past, Mark’s approach was an interesting and refreshing change to the services offered by the large corporate firms that I had used in the past. I have engaged Mark on a couple of occasions now and his methodical, analytical and strategic approach has realised significant benefits for Acre Resources. He is candid, direct and balanced in his style such that the commercial direction he advises upon can to be totally trusted."
Richard Wright, Chief Executive Officer | Acre Resources
Bond Woodhouse helped us to relocate out of our managed office provider into our first conventional lease space, and managed the whole process from searching to securing the right space. Mark was always on hand to ensure that the problems that arose throughout the legal process were dealt with efficiently – even when he was on holiday he was making the necessary calls to ensure our project stayed on track. I have no hesitation in recommending Mark as a dedicated property agent for companies who need to acquire new office premises.
Keith Whelan, Managing Director | Duco
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Nigel Ward, FD | John Charcol
"Bond Woodhouse took the time to understand us as a business. They were able to understand, better than we could ourselves, what might be possible in terms of office space. I would recommend anybody considering acquiring an office to consider using Bond Woodhouse. They have literally saved us hundreds of thousands of pounds."
Dr. Simon Galbraith, Joint CEO | Red Gate Software Ltd
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Jeremy Taylor, Director | Global Refund Holdings
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Paul Bristow | Deltatre
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Dennis Hobbs | Bull Information Systems Ltd
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John Bee | Beechgrove Developments Limited