The Search Office Space Blog | Searchofficespace

Cycle in the Office

How do you travel to work- Car, bus, train, bike, by foot? Do you think that you get enough daily exercise? If not, there may be a simple solution; ‘Portable Pedal Machines’. CareerBuilder.com conducted a recent survey that said, ‘forty-nine percent of workers say they have gained weight at their current jobs’. With people spending [...]

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Orega appoints new regional sales manager

Quality serviced office provider Orega has appointed Adam Sutton as a new regional sales manager and has restructured its existing sales team to better reflect its geographical spread. Adam will have responsibility for Orega’s business centres in Staines, Slough and Wandsworth. He was previously at West London commercial chartered surveyors Vokins where he handled office, [...]

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Two major signings for the Beehive at Gatwick

Two major new occupiers have signed for a total of 128 workstations at Orega’s Beehive business centre near Gatwick airport in West Sussex, taking the building to 80% occupancy within a year of its opening. APV, which is part of US-based industrial conglomerate SPX, has signed for 79 workstations, totalling 4,500 sq ft, in the [...]

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Why Serviced Offices Are Cheaper Than Traditional Office Space

Renting an office can be a cost prohibitive venture, especially for sole proprietor businesses, or other types of small companies. However, there is a better solution, one that can be tailor made to fit the needs of businesses that need an office, but do not need it full time. Serviced office space is measured in [...]

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Orega extendes its service

Serviced office provider Orega has taken 37,000 sq ft in two properties owned by Carlyle Group for its first centres in the Midlands and the north-west of England. It has taken 17,000 sq ft at Three Piccadilly Place in Manchester, which was developed by Argent. This follows a 20,000 sq ft letting at Birmingham’s Colmore [...]

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Workspace and Glebe aim to refinance joint venture

WORKSPACE GROUP IN TALKS to refinance its 1.2m sq ft development joint venture with David Philips’ Glebe. The London business space provider admitted on Monday in its annual results that the joint venture’s £134m drawn debt from Bank of Scotland Corporate was more than the value of £129.6m value of its properties as at 31 [...]

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MWB extends £348m loans

  MWB Group this week extended £348m of loan facilities that were due to expire at the end of this year for a further two years.   The facilities provided by Bank of Scotland Corporate and the Royal Bank of Scotland are three separate loans to MWB, its hotel division, which comprises the Malmaison and [...]

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Average stay rises for occupiers of serviced office space in the UK

According to recent examination of occupancy figures by the BCA (Business Centres Association), there is a significant rise in the average length of stay of serviced office occupiers in the UK. It usually seems that prospects only move into serviced office space for a short period of time, however, the 2008 figures have clearly shown [...]

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Serviced office space provider MLS to close centres

With the current economic climate, MLS has decided to close most of their semi-serviced office space in London. Most of their west-end locations will be closing apart from the Bayswater business centre. The serviced office space provider is also closing its fully serviced office space in Manchester and Milton Keynes. There will be still 60 [...]

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MWB shares jump 11% after strong statement

Shares in MWB Group rose 11% to 37p on Monday, following a surprisingly upbeat trading statement. The company, which comprises serviced office company MWB Business Exchange, the Malmaison and Hotel du Vin chains, and Regent Street department store Liberty, said that trading had been strong in all three divisions in 2008. MWB Business Exchange experienced [...]

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