Thursday, 24 April 2008

Moscow Offices Cost as much as London

In a recent search for offices in Moscow on behalf of a well know IT corporation, Abacus Real Estate found that the market had exploded to the extent that there are virtually no Grade A offices vacant at the present time.

The serviced office market has come to the rescue, offering flexible terms on fully serviced offices which are ready for a company to occupy in a matter of hours.

However, even serviced offices are becoming hard to find, and rental levels have risen to $2,000 per desk per month, which exceeds London and New York's rental levels. The serious shortage of good quality space has lead to a frenzied attack on space that becomes available, and this particular corporation had to sign their service agreement within 48 hours, at a top rent, to blow away the competition that were also hammering at the landlord's front door.

The conventional office market is further hampered by a very slow construction and fit out industry which means that companies who are lucky enough to find offices that might suit their needs have to face lengthy delays in taking occupation.

Abacus Real Estate, a UK based real estate consultancy, provide a fully searchable database of serviced offices in Moscow, and all over the world, on their website Serviced Offices. There is no doubt that global markets are experiencing healthy demand in this relatively new business sector and seviced offices seem to be the most flexible solution for many companies today.

The question that remains is whether local and global economies will remain stable long enough for any company to want to commit to a long lease term on offices in new markets? If not, then serviced offices have to be the answer - they enable companies to take much shorter lease terms, retaining the flexibility to expand or contract the size of their operations as and when they want to.

ABOUT THE AUTHOR: Darren is a writer with an interest in business and facilities management. He understands the benefits of the right location at the right time for growing a business, for more information on serviced office space he recommends you visit http://www.serviced-offices.biz.

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Wednesday, 23 April 2008

Serviced Offices- why should you use serviced offices

Office space, or rather the ideal space for your business, can often be a compromise. Location is a key factor, but maintenance and furnishing costs are increasingly important. As many prudent businesses have come to realise location is essential- for the accessibility of the workforce, ease of access for clients, and the ‘kudos’ of the right postcode. They also understand that the overheads from maintaining offices, and the associated investment costs can be offset by using business centres.

Using a serviced office is also a great way of reducing costs when exploring foreign markets. Geographical expansion brings risks, especially if that expansion requires a physical presence. A serviced office gives the opportunity to access a particular market at ground level, enabling a smooth entrance into that market without the unnecessary infrastructure investment.

Similarly, business expansion can be enhanced by using a managed office. If there is an immediate requirement to expand a workforce- maybe to service a new and weighty contract, then its easy to acquire temporary working space in the interim while a more permanent solution can be found.

The serviced office choices available to businesses have never been so varied. Location, size, amenities, access are all factors that you can apply to your search. Conversely this level of choice presents its own problems. The main ones are reliability and trust. Is your serviced office provider reliable, and can you trust that your expectations will be met?

By selecting the right provider these issues will not arise, and it makes sense to use someone with many years of experience and a varied and broad property portfolio. An organistion such as www.serviced-offices.biz is a prime example of these qualities in action.

With more than 30 years of property experience and locations across the globe they will be able to provide for all your needs- whether that is a historical building in Florence Italy, a landmark location in the heart City of London, or a virtual office in Sofia Bulgaria.

ABOUT THE AUTHOR: Peter Sinclair is a business man who has immense knowledge on business centre and serviced offices. He has a perfect knowledge on how to utilize a right location and right time for growing a business. He recommends you to visit http://www.serviced-offices.biz.

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