The cost of renting office space has spiralled over the past year. In 2017, the global flexible office market has grew by over 18% and this growth has continued to soar in 2018. Recent research has revealed New York City to be the most expensive place in the world to rent a desk, with San Francisco, Chicago, Sydney, Los Angeles, and London rounding off the top six.
With rising office space costs, it’s becoming increasingly important to ensure you’re only renting the space your business needs. According to analysis by Philips Lighting, businesses around the world can save a total of £1.11 trillion in reduced office costs, by simply reducing the number of empty workspaces and meeting rooms in their offices.…Continue reading