The owners of a serviced offices group are considering a potential £200 million sale in what could be the start of a wave of takeover activity in the sector. BE Offices, which runs more than 20 workspace locations nationwide, has appointed Rothschild to advise it on a range of financing options that could include a sale. The company, formerly known as Business Environment, was founded in 1994 when a team of property investors purchased two buildings leased to a serviced operator. When the operator began to experience problems, David Saul and Simon Rusk, the BE co-founders, decided to do it themselves. BE Offices offers flexible leases such as desks for rent on a monthly basis and onsite facilities such as gyms, meeting rooms and video
London - based serviced office provider BE ##O has appointed Rothschild to advise it on a range of financing options to allow the company to accelerate its growth . Options being considered include a £ 200 m sale that could trigger a wave of takeover activity in the sector . The company formerly known as Business Environment owns four brands including Headspace and Bespoke that provide more than 20 locations across the UK . It owns the freehold on five properties with a combined market value of £ 150 m and is expected to generate revenues of £ 150 m this year .