Denholtz Properties’ Post

What benefits do businesses get from setting up business hubs away from the city centres? Diverse talent pool: By setting up offices in smaller cities or suburban areas, companies gain access to diverse talent pools. This move not only brings fresh perspectives to the table but also encourages innovation within the organisation. Cost savings and efficiency: Operating in major cities comes at a price – from sky-high real estate prices to exorbitant living costs. Out-of-city business hubs offer a more cost-effective alternative, allowing companies to save big on overhead expenses. Improved quality of life for employees: Out-of-city business hubs provide employees with an opportunity to enjoy a better work-life balance, with shorter commutes, access to nature, and a more relaxed pace of living. Arena Offices are situated in 11 strategic locations, near convenient transport links, and designed with the future of out-of-city hubs in mind. To find out more about how we can work together to create the perfect business hub for you, please visit: https://ow.ly/NkZ650Rp4Ah #arena #arenaoffices #officespace #businesscentres #business #community #networking #corporate #hybridworking #wfh #office #wellness #servicedoffice #buildingcontractors

KOBA APPOINTS HEAD OF OPERATIONS     Here at Koba, we are delighted to announce the appointment of a key new member of our team as Head of Operations! Taylor Farrimond is a highly experienced and valuable addition, and we are excited to work alongside him.  For more details, please read our press release below: April 2024 – Following its launch into the UK flex sector, Koba, the new flexible workspace company creating premium, evidence-based sustainable workplaces, has appointed Taylor Farrimond as Head of Operations. Taylor joins Koba from Industrious where he was Head of Operations for the EU & UK, managing all operational aspects of twelve locations and leading teams across six European cities. Koba recently announced its first UK venture at AEW’s 100 Barbirolli Square in Manchester City Centre, which has undergone a £30M investment programme. Koba @ 100 Barbirolli Square will launch in early Q4 this year across two floors totalling 30,000 sq ft within the 200,000 sq ft Grade A office building. With works commencing in Manchester and Koba set to unveil its second location in the forthcoming weeks, Taylor’s appointment will support the company’s ambitions to open 3-4 sites per year in outstanding commercial buildings in the UK’s major cities. Centred around redefining flexible workspace by embedding sustainability at the heart of its offering, Koba is on a mission to align with forward-thinking landlords to create a momentum shift in what commercial real estate can and should do. Paul Nellist, Managing Director, Koba, said: “Taylor joins the business at a pivotal time as we prepare to commence works in Manchester on Koba @ 100 Barbirolli Square and unveil our next UK location. Having extensive experience of overseeing multiple UK and EU flex locations, in addition to the drive and dynamism to create positive change, Taylor was the ideal fit for this strategic role and we are delighted to welcome him to the team.” Taylor added; “The UK flex sector is on an upward trajectory and by taking an evidence-based approach to social impact and sustainability, Koba is bringing a fresh offer to the market at a time when there are exciting opportunities across major cities. By connecting with sustainable supply partners they are creating a fresh, simplified product in the market and I am looking forward to working with the team to roll out the vision and drive meaningful change in this rapidly growing sector.”     #kobaat100barbirollisq #kobaspaces #sustainablebusiness #flexibleworkspace

So its finally happening 😀. Something I was banking on when we opened the doors of Old Bond Store nearly 5 years ago. With a Regus membership, you can now book a small office by the day at the click of a button on an app, on demand with no long term commitment. At a fair price of 250quid dependant on occupancy. Ive had 3 conversations this week with business owners looking to take an Old Bond Store membership so they have a commerical and social workplace resource for themselves and occasional gatherings. But I also learned they are continuing their office lease, even with virtually zero usage, just because they are nervous the staff won't have an option to use it. Now I am a small business owner, and combining the commercial and social aspect of an Old Bond Store membership with this option with Regus makes for a really compelling, cost effective solution. Hopefully we'll see alot more serviced office providers following Regus's lead, forcing leaders of small businesses to question the workplace as a single monthly transaction and location. #smallbusiness #oldbondstore #clubworking #Southampton

While 2023 was a record year for both revenue and network size, we continue to see significant growth potential. With 1.2 billion white-collar workers globally and a potential audience valued at more than $2 trillion, there is substantial room for growth and as a company, we have a laser-like focus on capturing more of this market over the coming months and years, in partnership with like-minded building owners and investors. Find out more about the IWG partnership growth program and how you can work with the world's leading flexible workspace operator to develop a branded location in your building here 👇👇👇 https://lnkd.in/ePnVCwX9 DM for more details: stephen.holloway@iwgplc.com #iwg #hybridworks #regus #spaces #iwgpartnership https://lnkd.in/eGBNRffc

Absolutely a must read - whatever sector you’re in but particularly of note to my Public Sector clients who have been at the forefront of some major regional deals and take up in recent years / enabled placemaking and regen. And in Consulting we always agree the strategy is key….! #OneJLL #PublicSector #UKConsulting

So whether you do or don't like Regus you have to admire the plan. Mark Dixon aims to establish 2,000 new sites in the UK within five years, anticipating a surge in flexible working. Currently operating around 400 centers, the plans expand this to 2,500. They're scouting various locations across the UK, betting on the trend of companies reducing office space and individuals preferring workspaces closer to home. Despite skepticism, Dixon believes in the longevity of remote work, contrasting it with companies beginning to enforce office attendance. IWG's recent expansions, ranging from artful London spaces to suburban Regus offices, target diverse needs. Their management agreements with landlords, inspired by Marriott's model, mitigate risks of property ownership. The company aims to avoid past conflicts with landlords, exemplified by actions taken during the pandemic. Considering a shift to the New York stock exchange, IWG is strategically aligning its financials and investor base. Dixon's substantial stake and IWG's resilience amidst WeWork's downfall underscore its potential for long-term success. Time will tell though .... #FlexibleWorking #Workspace #Investment Article: https://lnkd.in/gmM_ptYA

What an amazing Year me and my team have had! We managed to add another 25 IWG locations to the Nordic Market and we are just getting started! The Flex office revolution is just getting started. I am so proud of my team and the work we are doing to expand the IWG network in the Nordics and Benelux. Thank you Moeez Asif, Magnus Runsvik, Richard Zafra, Neil Walker for your hard work, good spirit and resilience during 2023. I really look forward to an even more fun and successful 2024 together with you! Last month, we announced that we added 612 new locations since the beginning of the year. An overwhelming 95% of these new locations are being delivered via managed partnership agreements, delivering on IWG’s capital light strategy. The rapid growth in new locations is being driven by property owners and partners seeking to capitalise on the burgeoning demand for hybrid working. They are choosing to partner with IWG’s industry leading hybrid working platform and benefit from a choice of multiple brands including Regus, Spaces, HQ and Signature. Forecasts predict that by 2030, flexible workspaces will comprise 30% of all commercial real estate as businesses of all sizes continue to embrace the hybrid model for the long-term. Partnering with IWG enables property owners and investors to seize opportunities in this thriving sector with many landlords looking for alternative ways to monetise their space following the declining demand for traditional commercial real estate. IWG is in a phase of rapid expansion and has taken over a number of competitor locations as property owners look to leverage the IWG platform with proven returns. With an annual investment of around £50M into its technology platform, IWG provides partners with access to all the company’s expertise as well as design and fit-out support and sales and marketing capabilities. Reach out to me directly or visit our website to find out how you can partner with us.

The numbers are getting bigger. Workspace company IWG plc, owner of Regus, reported record revenues of £3.34 billion in 2023, driven by the increasing demand for hybrid working. IWG CEO Mark Dixon noted that people are returning to the office, but not necessarily to headquarters, with a growing preference for office locations outside of city centers. IWG is positioning itself as a one-stop shop for landlords looking to adapt to the changing market by offering flexible leases and managing serviced offices - demonstrated by growth over the last year. The Regus model isn't for everyone but having choice and flexibility about where we work is certainly for everyone. #FutureOfWork #WorkplaceChoice #Workspace https://lnkd.in/eSMWQTfP

What’s happening in the Manchester flex workspace market? There’s a huge supply of flexible workspace in Manchester and that trend is set to continue with more operators set to open across new buildings in 2024. A number of operators are trying to hit £400 per desk/per person rates for private offices however they’re struggling to hit these rates due to the level of competition in Manchester. Supply V Demand. Why are some flexible workspaces struggling more than others? The TMT sector has been responsible for between 40-50% office take up for the last few years. Therefore it’s been a very popular decision by numerous operators to position buildings/workspaces specifically for the tech sector in the city in the last few years which has meant the exclusion of other sectors. This is coming back to bite many operators as rising interest rates has made money more expensive and this has had a knock on effect in the investment market meaning less transactions and less fast growth tech firms requiring chunks of space. Less transactions means that with the tech sector usually underpinning the office market, there’s now diverse sectoral demand with other firms from alternative sectors thriving and being accountable for more of the city’s workspace transactions. Therefore all the marketing, time and energy competing solely for tech firms has meant that those undertaking this strategy have felt the pinch. #OfficeMarket #FlexibleWorkspace #Manchester

Even years post-COVID, the Phoenix office market remains in flux. With shifting workplace dynamics, tenants are reassessing their space needs. Some are consolidating, others holding off on expansion. Vacancy rates have surged, signaling a continued adjustment period. Industry Update: https://lnkd.in/gssGv3NX