Workspace beats gloom as small firms fight for room
Friday 08 February 2013
London’s entrepreneurs continue to buck the economic woes of the rest of the country amid increasing demand for space, landlord Workspace said today.
The company, which counts online greeting cards firm Moonpig, model Caprice’s lingerie business and upmarket childrenswear company AlexandAlexa among its tenants, has grown occupancy 0.8% to 89.6% in the three months to January 31.
“Lots of small companies are now winning market share from the bigger corporates and we are showing around a lot of online retailers,” chief executive Jamie Hopkins said.
“These are the kinds of people who can base themselves wherever they want. They don’t need a shop window.”
Workspace grew like-for-like rents 1.4% to £44.2 million over the quarter. The value of its London property portfolio is up 3.6% since March last year to £799 million.
Espirito Santo analyst Michael Burt said: “Monthly enquiry levels were 8% higher than the prior year.
- 2 Migrant crisis: Greek soldier saved 20 people singlehandedly off Rhodes beach
- 3 Sofyen Belamouadden murder: The inside story of a crime that horrified Britain
- 4 Company breaks open Apple Watch to discover what it says is 'planned obsolescence'
- 5 Ian Brady: Moors murderer announces his support for Ukip and the SNP
Migrant crisis: Greek soldier saved 20 people singlehandedly off Rhodes beach
Russian hack of President Obama's emails worse than previously admitted
Ian Brady: Moors murderer announces his support for Ukip and the SNP
UK weather: Britain braced for snow to replace sun as arctic air mass moves in
Nepal earthquake: US Pastor Tony Miano sparks outcry by suggesting Nepalis should convert and not rebuild their 'pagan shrines'
General Election 2015: Chuka Umunna on the benefits of immigration, humility – and his leader Ed Miliband
The sickening truth about food banks that the Tories don't want you to know
Migrant boat disaster: Ukip candidate mocks victims in sickening Twitter post
Nigel Farage wants the BBC to stop making programmes like Doctor Who, Strictly Come Dancing, and Top Gear
Global warming: Scientists say temperatures could rise by 6C by 2100 and call for action ahead of UN meeting in Paris
General Election 2015: Britain would become a 'communist dictatorship' under Ed Miliband and Nicola Sturgeon, claims wife of Michael Gove
iJobs Money & Business
£24000 - £26000 per annum + benefits : Ashdown Group: A highly successful, glo...
£50000 - £55000 per annum: Ashdown Group: Business Analyst - Financial Service...
£18000 - £23000 per annum + OTE £45K: SThree: At SThree, we like to be differe...
£20000 - £25000 per annum + competitive: SThree: Did you know? SThree is the o...