Traditional Landlords’ Shift to Flexible Offices Reshapes London Market Dynamics
Allwork
NOVEMBER 19, 2024
London’s commercial office landscape is undergoing a significant transformation as traditional landlords increasingly package conventional leases into flexible managed service agreements. While overall desk rates rose 2% to £629 in Q3 , this increase primarily reflects the introduction of premium enterprise quality managed offices rather than demand-driven growth. “We’re witnessing a fundamental shift in how commercial office space is being packaged and marketed,” said To
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