Surge in demand sees Avanta pre-let 50% of newly expanded City of London centre
A surge in demand for serviced office space in the City of London has seen Avanta Managed Offices pre-let more than 50% of available space in its newly-expanded business centre at 9 Devonshire Square, EC2.
The centre, which has expanded with the addition of another floor in the building, has also witnessed a 29% increase in workspace enquiries since the beginning of the year highlighting a resurgence in demand for high-quality managed office space in the City.
“With almost 700 enquires for workspace in the City since mid-January we are in a buoyant mood,” comments David Alberto, Avanta’s managing director. “New serviced office space traditionally takes 12-24 months to fill up, so pre-letting half of the new floor prior to opening is a good indication of a positive shift in demand.”
Devonshire Square, close to Liverpool Street Station, opened for business on April 1st after an extensive interior fit out and has already had six new businesses sign up to take space, which is positive news for the job market in the City. The centre is Avanta’s second City location and, despite only opening in January 2009, its superb location and stylish interior enabled it to beat the industry benchmark by reaching 80% occupancy within a few months of opening.
The centre provides high-quality serviced offices, meeting, training and conference rooms as well as virtual office facilities. The building has a fabulous selection of local amenities, including bars and restaurants as well as retail outlets.
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For further information, please contact:
Colin Peck, Gravitas Business Communications on 07802 606433 or email colinjpeck@aol.com
or Anna Norman-Butler, Avanta Managed Offices Ltd on 0203 008 6000 - www.avanta.co.uk
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Note to editors:
Avanta managed Offices was formed in 2004 by David Alberto. The company offers highly flexible, unbranded office space, with advanced and competitively price technology, tailor made to meet the requirements of the occupier. In the UK it currently manages more than 630,000 sq ft of office space in prime locations in London, the Thames Valley, Manchester and Edinburgh.
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