Advantages of leasing office space in London

According to Reuters, the number of office space in London has risen lying empty by ten percent since the beginning of 2009, which means that the number of London offices, which are now available to rent is increased in the amount of 10 million square meters. There are many advantages for a company that lease find offices in London, and there's never been a better time to find a real bargain.

The reason for this excess available London office space can be traced back to the beginning of the current economic downturn.As the possible results of too much credit saw banks and other large financial institutions began to image editing program and streamline your Arbeitskräfte.Wie was no longer viable to have such small numbers of the employees in such large rooms, looked elsewhere have taken office property or short-term leases for long-term contracts.

Landlord decided to reply rent costs for Office in London in a bid to prevent their properties from standing empty.Many still substantial offers offered in a bid to court custom as such as longer rent-free and Kapitaleinzahlungen.Die investment property of Forum's European consensus forecast predicted that rent continues to next, so much as reduced 26.6%. You also assume that there are not much room for recovery by approximately 2011 when the beginnings of recovery are expected.

While this is undoubtedly gloomy news for landlords and owners, the good news for business owners is that the market for London office space in has enabled in favour of the lessee. Class A office space (the industry's term for the best of the best) has fallen already the lowest level since 2004 as low as £ 45,00.0 per square foot.These numbers paint a picture where entrepreneurs hire Office in London for unprecedented prices make so that you take full advantage of a London office space.

The Royal Institute of Chartered Surveyors another factor has raised recently that prices for rental of London office space down further enforce. it is their belief that growth for office rent in London to sub inflation levels could fall by end of 2009.The reason is that threatens to become vacant with so many offices, it also an excess of supply over demand once, see gibt.Noch set in to assist the renter to work add this to the fact that it about 12 million square meters of office space, the capital built in and looks pretty grim future for landlords.

The low prices and first-class locations use would potential well advise tenants to rent the services of a commercial property purchase agent.Use your knowledge of the real estate market, are you knowledge of the locations have the best, go to offer the best value for money and your bargaining power tenants the opportunity to falling prices further down press gives.

During the recession bad news for certain bags from the London office rental market cannot be spelling, it offers possibilities for business owners who can only help to improve the State of the economy at a later time.

Shivani Gurtu Louth - Operations Manager of Devono property are the only commercial real estate agents in London, only tenants Limited.Devono, that looking for London Office and commercial properties in London also help vertreten.Wir that serviced offices in London finden.Unser objective is to secure the best commercial property at the best price.

For interviews, quotes, pictures or comments contact: Shivani Gurtu Louth Devono Operations Manager Tel(DDI): + 44 (0) 20 sound 9911 E-Mail: sg@devono.com