introduction
A recent survey by NCG has found that 75% of UK businesses are in the market for new workspaces. This study, involving 1,002 senior decision-makers, shows that 70% of businesses currently operate from an office on either a hybrid (46%) or full-time (24%) basis.
Investment opportunities
Most Utilised Workspace Types
Serviced offices are the top choice, used by 37% of businesses. Other popular options include spaces hired hourly or daily (36%), private offices (35%), and flexible or coworking spaces (32%), with many businesses using multiple types.
Increasing Interest in New Workspaces
Among those using any form of workspace, 76% are actively searching or planning to search for new spaces within the next 12 months. Regular evaluation of different workspace options is common, with 59% of businesses seeking the best fit for their needs.
Decline in Private Office Demand
For businesses using flexible or coworking spaces, 45% are unlikely to rent private offices again, and 59% see flexible workspaces as ideal for their operations.
Insights from NCG’s CEO on Workspace Evolution
Thomas Proctor, CEO of NCG, highlights that businesses now have diverse workspace choices, with a growing preference for flexible and pay-as-you-go options. The changing landscape demands dynamic, attractive, and tech-enabled spaces to retain tenants and meet modern business needs.
Adapting Real Estate Investment Strategies
Landlords and workspace operators must adapt to these trends to remain competitive. By offering appealing, technology-enhanced spaces, they can attract and retain tenants, ensuring their real estate investments remain valuable and desirable in the evolving buy-to-let market.
conclusion
Fixed Income Investments in the serviced office sector available from £25K with 12%+ returns! Contact us today to find out more.
