Katie Hynard
Katie Hynard
Director Asset Management
LaSalle Investment Management

The Value of flexible workspace - putting a price tag on buildings occupied by serviced offices

Flexible workspace occupies more than 5% of the office market, but there is still no established way of calculating the value of a building containing operators, whether they occupy just a couple of floors or the whole asset. Also an emerging issue where operators set up an SPV and, if the office isn’t performing for them, they can dissolve the company which renders the lease null. Do flexible office providers need to be stabilised as tenants and how can this be done?

Email: katie@lasalle.com