In office space, absorption measures the net change in occupied office space over a specific period. It tracks how much space tenants lease compared to how much becomes vacant, indicating market demand. Positive absorption means more space is leased than vacated, while negative absorption shows the opposite.
Every business owner has a vision of continuing to grow, however not everyone has a business development strategy in place to ensure long term success.
The appeal for flexible and smarter workspaces has dramatically increased, allowing the hub and spoke to resurface as it favours the well sought out hybrid working conditions.
Since the pandemic, many businesses have realised that the hybrid office concept and demand for remote work has not only increased, but is likely here to stay.
Coworking spaces are being adopted by more large companies aiming to eliminate the cost of under-utilised and empty office space, and also give employees greater flexibility when and where they work from. Although this is an important factor, Coworking offers a lot more than simply reducing business expenses. Read on to find out more.
Now that working from home is a common occurrence, one of the most frequent questions which arise is where should I meet my clients?
In today's business world, hot desking has allowed people to move around desks within a day, making it useful for both self-employed people and large businesses corporates to keep productive and connected while on the move. Read on to find out more about hot desking and how it can benefit your business.
The hybrid work model is a new way of working that has solidified itself in today's economy. Find out what hybrid work is, the value of the hybrid model and how to adopt one for your business.
One of the biggest costs of running a law firm is getting an office space. Although operating from home provides a factor of convenience it also presents the challenge of not knowing how clients will perceive your firm.
