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Burley Browne: ‘The Death of Offices’ Was Exaggerated

One of the leading names in West Midlands’ commercial property sector, Burley Browne, has suggested that the local office market is bouncing back strongly following the downturn 12 months ago.

Despite pessimistic predictions for the sector, Burley Browne has recently agreed 17,000 sq ft of lettings across multiple deals throughout the West Midlands.

Steve Hannaford (featured image), Surveyor at Burley Browne, said: “It’s very pleasing to see that the office market is improving and is in contrast to the predictions made in 2020 that offices would become redundant with the move to more flexible and homeworking.

“Since mid-February, when the roadmap was announced, we have seen enquiries pick up significantly from all types of occupiers looking for space including those who are new businesses, relocating to better quality offices and those looking to expand their services.”

Amongst the list of occupiers are small businesses that are continuing to buck the economic downturn caused by the pandemic and are instead driving demand for office space.

Steve adds: “Whilst there are some signs of businesses looking to downsize and those still working from home, it is really encouraging to see on the flip side there are many people looking for office space and enquiries are really looking up in the 500 sq ft to 3,000 sq ft sector. It is a good early indicator that confidence is returning to the market.”

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