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Choregus predicts the end of the recession via the medium of office space

March 23rd, 2009 | by admin

Here at Choregus Towers, we have started to see a phenomenon occuring that gives us great hope for the future and the end of the recession/credit crunch/depression etc etc.

In the past few weeks, we have noticed a dramatic upturn in the number of construction-based enquiries (usually for Regus offices, following their recent good figures) for offices around the Office space UK serviced officesUK.  These offices have tended to be for the admin and management teams behind construction projects such as road building and the building of houses and commercial real estate.

Without of course disclosing sensitive information (you won’t find this data on a government laptop on the 08.42 from Paddington), we notice that it is leading construction companies that seem to be leading the way.  Perhaps the banks have now allocated them some credit and they can get back on to doing what they do best – building our country and helping breakfast cafes to a profit.

The building of these projects could help so many industries around the construction industry such as sub-contracted labourers, plumbers, diggers, cafe owners, local retail, which in-turn provide jobs and opportunities for the local communities.

So, we can definitely, from this end, see a light at the end of the tunnel.  Watch out for those construction workers coming to a cafe near you soon and business centre workers, dust off your suits, its coming again, we can feel it in our waters.

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  1. 4 Responses to “Choregus predicts the end of the recession via the medium of office space”

  2. By Serviced Office Space Manchester on Mar 23, 2009 | Reply

    Attracting a client that has government contracts (road / hospital / school building) is a real plus during a recession, so hats off to Regus if they have been able to get to these companies.

    Not quite sure whether these are the ‘green shoots of recovery’ though or just the government trying to get at least some money out there…?

  3. By serviced office stansted on Mar 23, 2009 | Reply

    We have seen an increase in enquiries from construction companies – in line with an increase in enquiries generally throughout Feb and into March.

    The lack of debt available to all companies over the last year has made them think a little bit harder about taking office space that isn’t a millstone around their necks for 5-10 years, but instead works harder and supports their company by providing a complete service, not just an empty space.

    Whilst all companies that come to us at the moment are a bit more price-sensitive, they are also realistic about their office needs, and how much more is included within serviced offices.

  4. By Anita on Mar 31, 2009 | Reply

    In light of the fact that office space can be so expensive and that in the recession credit can be so hard to come by I would highly recommend that every person serious about cutting costs to avoid entering into leases over this time. The best way forward is through a virtual office… The idea was started in the States and is really starting to take off here in the UK… I have been shopping around for a company who does this for the past few weeks and have found that the Virtual Office Group ( is by far the best looking company out there… especially seeing as their answering services are actually based in London, in Piccadilly. Their website does speak for themselves though so go have a squizz… why bother paying thousands of pounds a month to personal assistant/landlord? definately the best way to survive the recession…

  5. By Natalie Ford on Apr 16, 2009 | Reply

    Another great service i have come accross is a company called ‘The Virtual Office’. I have been reccommended by several people who are currently using this service and have nothing but good things to say about them.

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