Workspace reports strong Q3

Workspace Group has posted a strong third quarter despite the guidance for people to work from home.

The flexible office space has been running at 43% of pre-Covid levels, falling in January as Covid rates rose over Chrismas.

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“It has been a good quarter, with continued positive momentum in occupancy and pricing,” said chief executive, Graham Clemett.

“We are seeing strong demand for our space, with good levels of enquiries, viewings and lettings despite the renewed work from home guidance issued by the Government in December.”

“Our performance in the third quarter and early signs of trading in the fourth show that SMEs are looking through the current short-term uncertainty to choose the right space for their business longer-term. They are looking for flexible terms and attractive, sustainable office space in well-connected locations and Workspace is ideally placed to continue to capture this demand.”

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