South West Businesses Bigger and More Committed in January 2010
The size and commitment of businesses entering serviced office space in the South West increased during January 2010, exceeding the levels recorded nationally during the same period.
In terms of commitment, new serviced office tenants were signing initial license agreements of 10 months, double that of the licenses signed during the same period in 2008.
Another positive factor revealed by officebroker.com statistics for January was the size of businesses entering the marketplace. While nationally the number of workstations per new office tenant averaged 4.4 in January, the South West recorded a far higher level of 9.6.