With strong take-up across London and the south-east office market, occupiers have an appetite for Grade-A office space.
UK commercial developers and fund managers are responding with refurbishment activity growing for the 45th consecutive month. With commercial new construction becoming increasingly expensive, refurbishment offers a quick fix for low vacancy rates in both prime and secondary areas.
BW are at the forefront of the commercial office refurbishment sector, securing new work for organisations like M&G Investments, Aviva plc., LaSalle Investment Management, Hermes Investment Management and TH Real Estate. In the last few months we’ve secured over £8M of new orders. Typical projects comprise the refurbishment of common areas and lifts, refitting vacant floors and more extensive cut and carve projects within the existing fabric of an office building.
Experience tells us that you need to work with the right company to deliver these projects on programme and within fixed budgets. Frequently access is constrained and extra precautions are needed to deal with sensitive situations. Neighbours need to be kept well informed so noisy work or deliveries don’t constrain their businesses. All this is within a day’s work for our workplace experts, just as happy getting a building ready for occupation, as fitting it out for new occupiers.