The office market after Brexit: Giles Fuchs in Property Week

What does the office market look like after Brexit?

In a recent comment piece for Property Week, OSiT CEO Giles Fuchs argues that the UK will continue to have a thriving office market but that the key to success will be flexibility and innovation.

The outlook for the flexible workspace remains positive, with the coronavirus pandemic radically changing ways of working and prompting businesses to become increasingly agile and footloose – a change in company culture and working norms that would have seemed simply unimaginable just a year ago.

With the impacts of home working on wellbeing and productivity clearly visible for businesses, Giles argues that he office has a crucial part to play in creating opportunities for businesses and people to recover from the pandemic. The value of the office as a place for in-person development opportunities to be met remains unchanged by Brexit, regardless of whether a deal is reached in advance of the New Year.

With many global businesses including Facebook and Google also committing to UK office since the referendum vote, Giles suggests that the UK’s strength as a global beacon for business will remain, but to stay ahead of the game, the UK office market must continue to innovate its product and service offering.

Giles suggests that to stay ahead of the game and thrive in the future the UK office market must continue to innovate its product and service offering. Delivering multiple amenities under the same roof, from flexible office space to GP surgeries, restaurants and accommodation, is one way the sector can build ensure it remains relevant and resilient.

You can read the article in full here.