Cluttons moves into Flexible Office Space

Property consultants offer managed solutions for funds, property companies & corporate occupiers

Article posted: 24 May 2011

Leading property consultants Cluttons has launched Flexible Office Space, a new company providing flexible managed commercial space solutions for funds, property companies and corporate occupiers of office space in the UK.

Flexible Office Space will maximise income streams for clients who have empty or poorly-managed portfolios, where conventional leasing has not delivered a solution. The bespoke managed or serviced space concept will create short- to long-term income stream solutions over and above that of traditional commercial agency, using its developed technology to track and source enquiries, and supported by the website now launched. The first phase of the company's launch will focus on office portfolios, though Flexible Office Space will then extend to include industrial and retail space as well.

Speaking about the new company, John Wood head of Cluttons' Commercial division, said: "Occupiers are increasingly demanding flexibility in their leasing arrangements, particularly as a result of emerging technologies that allow for different ways of working from non-conventional space. In an occupiers market, Flexible Office Space seeks to provide a platform for efficient working practices while offering cost saving solutions in a challenging economic climate."

On behalf of Flexible Office Space, Adrian Goldney added: "Initially, the business is broken down into two key areas, flexible office leasing and service/semi-serviced office provision. Once we have assessed a portfolio or asset, we can develop a short to long-term strategy which creates an income stream for the client, taking into consideration fit-out and IT costs, allowing them either to maximise their rental returns from their assets or minimise vacancy costs."

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Posted by Sam