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ScotlandΓÇÖs Serviced Office Space Market Subdued in Q2 2010

ScotlandΓÇÖs Serviced Office Space Market Subdued in Q2 2010

The serviced office market in Scotland was subdued during the second quarter of 2010, with data from UKΓÇÖs leading broker of serviced office space, officebroker.com, presenting small decreases across all the key areas of the market compared to 12 months ago.

Presented in the Serviced Office Review: Scotland Q2 2010 report; published today on the officebroker.com website, both the number of individual businesses entering serviced office space and their workstation requirements are lower than in the same period of 2009, with officebroker.com reporting a 7% decrease in the number of clients being placed and a lower average requirement of 3.1 workstations.

Other areas of the serviced office space market in Scotland to record decreases include workstation price and average license length, with the average price of a workstation falling from £211.00 in Q2 09 to £174.00 in Q2 10 and initial license lengths decreasing from 8.1 to 7.5 months.

The subdued activity recorded by officebroker.com in Q2 10 follows positive gains in the market during Q1 10, when the number of clients placed, workstation price and workstation requirements all exceeded the levels recorded in the same period of Q1 09.

To read more about the serviced office space market in Scotland, which includes the key office space markets of Edinburgh, Glasgow and Aberdeen, or any other region of the UK, you can access the Serviced Office Review series from officebroker.com directly from the Stats & Facts section of www.officebroker.com.

Here you can view quarterly reports covering 12 UK regions that draw on the internal data of officebroker.com, whose position as the UKΓÇÖs largest broker of serviced offices offers a unique and unrivalled insight into the UKΓÇÖs serviced office space market. All of the officebroker.com reports are available for free and can also be downloaded in pdf format.

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Author: | August 6, 2010 | 0 Comments

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