News and Views

Brexit > Trump

According to Propertyweek, small and medium sized businesses are not too concerned with the impact of President Trump’s new US Administration but feel that Brexit is likely to affect their outlook on lease lengths.

A survey of around a thousand SME chief executives found that when considering new office space in the City of London there is now an increased preference for a lease term of less than three years, whilst there has also been an increase of firms looking for a lease of less than a year. 

The above goes hand in hand with the increase in occupiers looking for fitted out accommodation.

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