Workspace provider The Office Group has said occupancy has returned to pre-pandemic levels across its estate, in a sign that some employer efforts to lure staff back into town more regularly are gaining traction.
The firm, which merged with competitor Fora in September last year and offers flexible office lease terms often used by companies seeking room to grow, operates from 72 buildings across the UK and Germany, with 59 of the sites in London. These include Liberty House in Regent Street and One Lyric Square in Hammersmith.
Average occupancy across buildings open for a year or more rose 7% in the first half to June 30, and now stands at an average of 91% across those sites, comparable with levels seen before Covid struck in February 2020.
The Blackstone and Brockton Capital-backed company said the coming six months will see it launch a workspace at the Blue Fin building in Southwark Street, and the reopening of Henry Wood House in Regent Street after a significant refurbishment.
Chief executive Enrico Sanna, said: “We’re confident in London’s long-term prospects and occupancy of our premium, flexible working spaces from the West End to the City is strong.”
He added: “We are being approached by agents, brokers and employers directly all looking for the same thing. Flexible spaces that offer their employees the choice of doing their best work in their best way.”
