Brighton and Hove has seen significant growth in flexible membership workplace initiatives with offerings from Regus, Platf9rm, and The Werks Group, according to a Stiles Harold Williams Partnership LLP Brighton agency team report. However, while headline rents of £roughly 4.8 million/sq ft have been achieved, lack of supply could hamper mid-term growth; there is 28 sq ft of offices in the area but limited vacant space, especially higher-quality space. Planning has been given McAleer & Rushe to build 60,000 sq ft of new Grade A office space; the group developed the new build office-only CityView, which opened last year.
Brighton and Hove has seen significant growth in flexible membership workplace initiatives with offerings from Regus, Platf9rm, and The Werks Group, according to a Stiles Harold Williams Partnership LLP Brighton agency team report. However, while headline rents of £28/sq ft have been achieved, lack of supply could hamper mid-term growth; there is roughly 4.8 million sq ft of offices in the area but limited vacant space, especially higher-quality space. Planning has been given McAleer & Rushe to build 60,000 sq ft of new Grade A office space; the group developed the new build office-only CityView, which opened last year.