Orega Sees Global Interest in Hammersmith Offices
Serviced office provider, Orega, has attracted a number of international clients to its 34,000 sq. ft. flexible office space in Hammersmith.
Early occupancy has largely been secured by companies based in Japan, Taiwan, Libya, Azerbaijan and the US.
The office space at 3 Shortlands, Hammersmith, owned by Halcrow and managed by Orega, is now at just over 60% occupancy thanks to this international interest.
As the building is being developed for office usage in two phases, currently just the fourth floor of 17,000 sq.ft. office space is complete. The second phase is due to be initiated at an undisclosed time.
ΓÇ£The very fast take-up rate at 3 Shortlands clearly demonstrates how much demand there is for high-profile office space that can be occupied at short notice,ΓÇ¥ says Nadia Garcia, Orega Regional Sales Manager. ΓÇ£We are delighted to welcome so many international clients through our doors.ΓÇ¥
Studies suggest that foreign investment in the London commercial real estate market has been increasing significantly in recent years. Global advisors, Savills, recently announced that Pacific, Asian and Chinese investment in the capital accounted for 33% of the total in 2011, and 37% in 2010. ThatΓÇÖs compared to just 4% in 2009.
To find out some more vital statistics related to the Greater London office market in 2011, why not take a look at officebroker.comΓÇÖs regional Serviced Office Review?
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