Business centre company Serviced Office Group plc (SOG) recently announced a drastic improvement in 2009 compared to 2008. The company’s total revenues for the year
"…the business centre industry will no doubt welcome the initiative to exempt small businesses from paying business rates…on all all premises with an annual rental of less than £6,000."
Crain’s Manchester Business reports that serviced office provider Your Space Ltd has been put into administration after a creditors’ voluntary arrangement (CVA) failed. Last fall,
Property Week has published an advance report on the exclusive preview to the first quarter issue of officebroker.com’s Serviced Office Review Series. In a report
Looked at in isolation, these results might appear dreadful, but in the context of the worst economic recession since the end of World War II, they are actually not at all bad in our view.
I have always maintained that the key to profitability in this industry is size, and the ability to call upon capital resources is one key aspect of this.
Jonathan Price, Finance Editor for Officing Today, recently took some time to speak with aBetterOffice about the serviced office market. He pointed out the issues
The solution for the business centre operator is to get the prospective client to use an independent occupancy cost calculator prepared by a body which has nothing to do with the serviced office industry.
London-based Workspace Group reported a loss of £39m in their first quarter this year. This pretax loss compared with the £128.5m loss they experienced in
As most companies around the world experience downsizing, layoffs, and costcutting, the Office Business Center industry has experienced steady growth. Existing OBC companies are expanding,