Using Summer to Refine Your Workplace Strategy

As we embrace the sunnier months (and try not to jinx the weather), it's still go-go-go on the asset owner side of things. However, office providers often experience a shift in pace due to Summer holidays or annual leave schedules.

This shift can be hugely beneficial for tenants pre-planning tweaks to their existing workplace strategies or even considering an entirely refreshed approach before September comes around…

// Value-driven opportunities 

It is important to know that negotiations are a standard part of the process, regardless of the season. However, patterns across previous summers have shown that office providers are more open to offering deals due to the calmer market. For example, some may be open to exploring rent-free periods for companies looking to move to attract clients.

A value-driven approach to the workplace is welcomed all year round, but when paired with current hybrid working patterns, it could mean the perfect time to commence a search if a move is on the horizon.

// Staying stimulated vs taking the leap 

There are numerous factors across your business and the wider market landscape that can influence the best time to move office. However, when looking at annual spikes, September is always a busy time.

The summer is one of the best times to start that all-important planning. Whether that is moving office space, or reinventing your current space to re-energise and inspire your team.

If your current office is viewed as more of a stepping stone within your roadmap, ask yourself: How long do you want to stay here? How can you utilise these weeks to get a feel of the current market, understand the direction everything is moving in, and use this to inform business growth plans?

If the time has come to revamp and refresh, especially if you’re in a longer-term lease, we can connect you with the right companies to get the ball rolling.

// Getting first dibs on prime spots 

The temporary lull that spans June - August means some of the most popular spots will be less in demand, so the perfect opportunity to secure that dream office could be now.

Several more established providers have been known to offer enticing deals on sought-after spaces during this time too. Even more reason to start the search early, especially if the size of your business means factoring in a greater amount of time for sign-offs.

Take it from us, the world of real estate won’t come to a halt, but capitalising on the calmer period could prove hugely beneficial in the long run and save precious time when everything ramps up again in September.

If you're looking for your next move, then we are here to help. Kontor has a team of industry experts poised and ready to assist you on your next steps. Please don't hesitate to reach out.

By Nenagh Acock Jones, Marketing Manager