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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