You calculate the right office size by multiplying your team size by 80-120 square feet per person, then adding 20-30% for common areas and circulation space. Getting this calculation wrong can result in cramped conditions or expensive unused space. The calculation must balance current needs with future growth plans, working patterns, and budget constraints. Modern […]
How Do I Calculate the Right Office Size for My Team? Read More »
When budgeting for a new London office, many businesses focus solely on the headline rent. However, the true cost of an office lease extends far beyond this figure. Hidden costs can significantly impact your overall expenditure, sometimes adding up to 75% of the base rent value according to recent industry data. What service charges should
What are the hidden costs with office leases in London? Read More »
Office tenants in London often face situations where landlords fail to make essential repairs, causing disruption to business operations and potentially creating unsafe working environments. Understanding your rights and options in these situations is crucial for protecting your business interests. What repair responsibilities does my landlord have? Your landlord’s repair obligations depend entirely on what’s
What happens if my office landlord does not make important repairs? Read More »
Coronavirus has certainly changed the way people work, with lockdown forcing around 5 million people to work from home and millions became furloughed waiting to hear if they could restart work or not. For business owners and employers, it is an interesting time to review their office requirements and whether they stick with their existing
Spanish billionaire closing in on £600m office deal Amancio Ortego, who is the founder of Inditex, the retailer behind brands including Zara and Massimo Dutto, is close to acquiring London’s Post Building. It is expected that a formal announcement will be confirmed soon about the transaction, which was purchased through Pontegadea. This is Ortega’s real
Spanish retail billionaire close to agreeing on £600m London deal Read More »
Growing interest in Hong Kong buyers in London property The newly built luxury home market is getting an unexpected boost from Hong Kong buyers. This is despite the fact this sector has been on the decline in the last five years, thanks to worries over Brexit, as well as tax changes and oversupply. Why are
Sharp increase in Hong Kong buyers buying London property Read More »
