The recent credit crunch has been causing people to tighten their belts throughout the UK, but it doesn’t seem to have affected the serviced office industry. Evidence has recently emerged that office provider companies are not only weathering the economic problems, but are in fact performing well in the climate.

Regus shares rose by 9% recently and their revenue for Q1 rose by an impressive 24%.

Meanwhile MWB are experiencing an increased demand for their office space within the whole of the UK, up a reported a 20%. With concerns over any potential loss in capital negated by the serviced office option, more companies are heading down that road.

In fact the office space industry seems willing and ready to take advantage of the credit crunch by offering daily rates and flexible licenses.

It all points to healthy times ahead for the office space industry.

Things to consider:
Looking into Corporate awards