BW: Workplace Experts

Commercial fit out and refurbishment experts in London and the South East

2017 Market update

Here are some Fit Out facts from our projects which we thought may be of interest:

  • Despite a more cautious mood from asset managers, BW continue to see a lot of Cat A refurbishment. 50% of our current workload.
  • The sectors we see taking new space: techies (40%) and law firms (25%), whilst the banks and media are refurbishing in situ.
  • The average sq ft price for the offices we have fitted out over the last 12 months is £105.
  • The items with the longest lead in times in the average office are: Specialist mechanical, electrical, and plumbing equipment, joinery and specialist lighting.
  • There are lots of major projects in the market, but we are also pleased to see robust activity in sub £2M. Currently this makes up 60% of our workload.

If you would like to visit one of our current projects or talk to us about the above, please get in touch.