ThinkMarketing Comment On Rising Demand For Edinburgh Office Space

Top Quote ThinkMarketing, an Edinburgh-based sales and marketing company were interested by a recent survey by search service officebroker.com. End Quote
  • (1888PressRelease) February 22, 2012 - According to the survey, demand for office space in Scotland's two largest cities rose sharply last year. The report suggested that demand rose by 19% in Edinburgh, and by 14% in Glasgow. Businesses were found to be demanding larger space, and the average price of workstations in both cities has risen, according to the report, as a result of an influx of larger firms taking space and forcing up prices.

    "I'm not surprised," said the managing director of ThinkMarketing, "Edinburgh has always been an attractive location for new business start-ups and established companies alike, and this increase just emphasizes how the city still maintains that attraction."

    The survey suggested firms increased their average office requirements by just under two workstations over the last year. The average price per workstation in Edinburgh increased by 28% to £315, making it the most expensive city centre location for serviced office space, outside of central London. The price of office space in Glasgow also increased, rising by 21% to an average of £206 per workstation.

    "Scotland's leading cities appear to remain attractive locations for business," said Chris Meredith, IK head of sales at officebroker.com, "with the growing number of larger firms entering the market indicating that flexibility is a core concern for businesses of all shapes and sizes."

    Managing Director of ThinkMarketing said, "Edinburgh is fantastic place for business. We are based here for a reason, and I can only expect the influx of business to increase. It's a positive thing for the local economy, and job market." He went on to add, "It's also a sign of a change in the way we work. More and more companies are operating in an office environment, and these changes partially reflect that shift in roles. As long as Edinburgh evolves to keep up with these trends, it will remain a popular center for business in the UK.

    http://www.bbc.co.uk/news/uk-scotland-scotland-business-16801956

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