Since the onset of We Work and other similar companies providing contemporary, co-working, collaborative and agile workspaces with flexible terms. The impact on the commercial property market in London has been significant.
However over the past 2 years progressive landlords and funds are now offering tenants flexible term on CAT A + floor plates which are essentially ready to go, agile plug and play work spaces.
This market approach is now starting filter down to the regions and we are being asked by many of our landlord clients to design and look at the feasibility of various types of CAT A + offerings within their office portfolios.