This report aims to provide greater transparency on the total cost of leasing office space in London to ensure that businesses have full visibility of their office cost base, not just the rent, rates and service charge. There are seven components to office occupancy costs, not just the three that are traditionally used.
The extreme measures that have been implemented to combat the COVID-19 virus will weigh heavy on the economy, businesses and jobs. Now, more than ever, understanding the true cost of office occupancy and the impact it has on the bottom-line will be at the forefront of all decision-making.
As occupier-only advisors, we strongly believe that our clients should have full visibility of all spaces that match their requirements – whichever route is chosen to secure the future workplace, knowing that all the facts are to hand should not only guide search requirements more efficiently but also give them the peace of mind that the ultimate decision is an informed one.
If you would like any further information on insights from this report, please do not hesitate to get in touch.