We believe property is about people and property is changing for people.Propertyisundergoingunprecedentedlevelsofdisruption.Wearefinallyseeing oldproblemsbeingresolved,changestocompetitivelandscapesandbehavioural shifts.Thesestructuraleffectsinrealestatearemorepronouncedwhen comparedwithmanyotherindustryclasses.Fordecades,propertyhaspersisted withoutdatedpractices,resistedtechnologyandshownareluctancewith transparencyofinformation.However,theconvergenceoftechnologyandbig datahasbegunaprocesswhichistestingandpushingthetraditionallease model onto the endangered list of businesses practices. Inarecentsurvey,92%oflandlordsagreewiththestatement‘flexibleoffice spaceisonthebrinkofbecomingmainstream’.Source:ReportUKLLs& Investors Embrace The Flexible Revolution
Traditionalleasingisstrugglingtoadapttothechangesthataretakingplace.It isbecominglessviableasanoptionformanyoccupierswhencomparedwiththe flexibilityofspaceasaservice.Thetransitiontomoreinclusiveflexible arrangementshasbeenagradualprocessuptonowandhasbeendrivenby technology.Thatprocessisnowbeingacceleratedasmorebusinessescometo termswithchangestoworkplacepracticesandrequirements.Theofficeisnow becomingahubforculturalandcollaborativepurposesandtheworkspaceisno longer recognised as a single location but an ecosystem of spaces and locations.
Weanalyseleaseandpropertydatatohelpbusinessesmakeinformedchoices about the alternatives to occupier arrangements. Thisappliestobothprovidersandusersofspaces.Itisnotsurprisingthatthe mostforward-thinkingrealestateownersarenowstartingtoincludeflexible spacesintheirportfolios.Someoftheirproductofferingsarequiteprogressive anddynamic.Alongwithflexibleoperatorstheseprovidersofspacesarehelping to shape the future of office space as a service. Thetraditionalleasemodelisbeingstresstestedbytheflexibleoptionandits serviceoffering.Thesespacesareconstantlyevolvingandarehighlyadaptable. This benefits the occupier.
Weuseourcostanalysisapproachtoexposethegulfthatexistsbetween traditional leasing and flexible arrangements. Thetraditionalleasemodelisfoundedonevidenced-baseddecision-makingand focusesoncomparingkeycostssuchasrentpersquarefoot,businessratesand servicecharges.Thisapproachcanbeunclearformanycustomersthat encounterdifferentmarketrentsandrates(persquarefoot/meter,perdesk...). Theseratescandependonmicro-locationfactorsandgradingofspaces (refurbished,newbuild,Grades‘A’and‘B’...).Wefeelthatthisisadistraction fortheoccupierthathastoconsidermanyothercostparametersforitsbusiness space strategy. Wewilldotheheavyliftingforyouandprovideyouwithasummaryreport, absolutely FREE. Whentakingonorrenewingterms,theoccupiermustconsiderallcostsforthat space.Therearemanyothercostsassociatedwithbusinessaccommodationthat gobeyondtheusualrent,businessratesandservicecharges.Someofthese ‘occupier’costsareobvious;othersarelessso.Wehelpbusinessesuncoverthe truecostoftheiroccupationbyrevealingtheoperationalandcapitalcostsfor their spaces ( Op Ex & Cap Ex ).
Byusingouruniquecostestimateapproach,wecansortthroughallofthecosts, marketfactorsandcomparerentswithflexibleratesinyourlocation,basedon yourcurrentpremisesandcriteria.Thishelpsourcustomersmakeinformed choices based on their space requirements. Workingcloselywithoccupiersandprovidersalike,ourapproachtoserviceis holistic.Weconsiderallfacetsofoccupationandlocation.Manyprofessional practitionersworkinsilosthatarecostcentredriven.Wedon’tjustfocusonone servicethatweengagein.Weconsiderotherservicerequirements;weare customer driven. Ourpartnershiphasover90yearsofcollectiveexperienceinproperty.Wehave workedbothsidesoftheownerandoccupierfence.Wehaveacquiredthe disciplinetoknowandunderstandthefrustrationsfeltbybothpartiestoa propertyrelationshipandrecognisethecausesandsymptomsofconflict.Weaim tokeepincontactwithbothaspectsofthemarket,soweareasinformedaswe canbeaboutbothsidesofthepropertystorey.Ourbiasisoneofharmony; gettingthecustomerintogreatspaces,andtheprovideracquaintedwiththe criteria it needs in order to fill its spaces.
As an RICS regulated firm we commit to the following criteria: •Practise to globally recognised standards•Perform ethically, and act with integrity and honesty•Provide the required skills and competencies•Manage conflicts of interests transparently•Appropriate financial management•Ensuring adequate indemnity for professional work•Uphold the complaints handling and dispute resolution processWestrivetodeliverandmaintainhighstandardsofserviceforourclients.Weaim toconveyaconsistentmessageofconfidenceandqualitytoourclientswhether they are local, national or international. Weworkcloselywithourpartnersandstakeholderstopromotethevalueofthe RICS standards.
Regulatory NoticesYou will find information regarding our Anti-Bribery Policy, Data Protection Statement and Complaints Policy via the regulatory Link:
Weanalyseleaseandproperty datatohelpbusinessesmake informedchoicesaboutthe alternativestooccupier arrangements. Thisappliestobothprovidersand usersofspaces.Itisnotsurprising thatthemostforward-thinkingreal estateownersarenowstartingto includeflexiblespacesintheir portfolios.Someoftheirproduct offeringsarequiteprogressiveand dynamic.Alongwithflexible operatorstheseprovidersof spacesarehelpingtoshapethe future of office space as a service. Thetraditionalleasemodelisbeing stresstestedbytheflexibleoption anditsserviceoffering.These spacesareconstantlyevolvingand arehighlyadaptable.Thisbenefits the occupier.
Weuseourcostanalysisapproach toexposethegulfthatexists betweentraditionalleasingand flexible arrangements. Thetraditionalleasemodelis foundedonevidenced-based decision-makingandfocuseson comparingkeycostssuchasrent persquarefoot,businessratesand servicecharges.Thisapproachcan beunclearformanycustomersthat encounterdifferentmarketrents andrates(persquarefoot/meter, perdesketc.).Theseratescan dependonmicro-locationfactors andgradingofspaces( refurbished,newbuild,Grades‘A’ and‘B’etc.).Wefeelthatthisisa distractionfortheoccupierthathas toconsidermanyothercost parametersforitsbusinessspace strategy. Wewilldotheheavyliftingforyou andprovideyouwithasummary report, absolutely FREE. Whentakingonorrenewingterms, theoccupiermustconsiderallcosts forthatspace.Therearemany othercostsassociatedwith businessaccommodationthatgo beyondtheusualrent,business ratesandservicecharges.Someof these‘occupier’costsareobvious; othersarelessso.Wehelp businessesuncoverthetruecostof theiroccupationbyrevealingthe operationalandcapitalcostsfor their spaces ( Op Ex & Cap Ex ).
Byusingouruniquecostestimate approach,wecansortthroughall ofthecosts,marketfactorsand comparerentswithflexibleratesin yourlocation,basedonyour currentpremisesandcriteria.This helpsourcustomersmake informedchoicesbasedontheir space requirements. Workingcloselywithoccupiersand providersalike,ourapproachto serviceisholistic.Weconsiderall facetsofoccupationandlocation. Manyprofessionalpractitioners workinsilosthatarecostcentre driven.Wedon’tjustfocusonone servicethatweengagein.We considerotherservice requirements;wearecustomer driven. Ourpartnershiphasover90years ofcollectiveexperienceinproperty. Wehaveworkedbothsidesofthe ownerandoccupierfence.Wehave acquiredthedisciplinetoknowand understandthefrustrationsfeltby bothpartiestoaproperty relationshipandrecognisethe causesandsymptomsofconflict. Weaimtokeepincontactwith bothaspectsofthemarket,sowe areasinformedaswecanbe aboutbothsidesoftheproperty storey.Ourbiasisoneofharmony; gettingthecustomerintogreat spaces,andtheprovider acquaintedwiththecriteriait needs in order to fill its spaces.
AsanRICSregulatedfirmwe commit to the following criteria: •Practisetogloballyrecognised standards•Performethically,andactwith integrity and honesty•Providetherequiredskillsand competencies•Manageconflictsofinterests transparently•Appropriatefinancial management•Ensuringadequateindemnityfor professional work•Upholdthecomplaintshandling and dispute resolution processWestrivetodeliverandmaintain highstandardsofserviceforour clients.Weaimtoconveya consistentmessageofconfidence andqualitytoourclientswhether theyarelocal,nationalor international. Weworkcloselywithourpartners andstakeholderstopromotethe value of the RICS standards.
Regulatory NoticesYou will find information regarding our Anti-Bribery Policy, Data Protection Statement and Complaints Policy by the regulatory following Link: