The demand for offices in the eastern City Fringe has seen a dramatic annual uplift since 2010. With Paul’s two decades building up local connections, and the team’s extensive knowledge of rents and levels of demand for areas such as Whitechapel to Dalston, the firm has achieved many record-breaking results for their clients.
Such strong occupier demand is down to improved transport links, and a mix of great office product being mainly industrial, warehouse-style buildings with fantastic light and fully fitted design, much desired by the technology, media and telecommunications firms, widely referred to as the ‘TMTs’. This mismatch of supply and demand is pushing the market into new areas. Belchak Corin & Co. are setting the pace, having moved into Spitalfields, Shoreditch, Hackney, Hackney Wick, Dalston, Old Street roundabout and beyond a number of years ago.
At Belchak Corin & Co. our success comes down to, as always, knowing these emerging markets better than anyone else. Longstanding relationships with the local office occupiers is also key to the firm’s success. Belchak Corin & Co. keep in tune with the levels of demand from local businesses and an excellent understanding of tenants requirements for new premises. This level of knowledge can be invaluable in providing the right advice to our Landlord clients, especially when advising on comprehensive refurbishments or new build developments, and when assisting occupiers in finding their new premises.
The ever-increasing demand for flexible office space has prompted the development of a variety of impressive creative co-working/serviced office hubs in the eastern City Fringe. This is a sector Belchak Corin & Co. have become increasingly involved in as we recognise the flexibility that serviced office operators offer is attractive to rapidly expanding start-up companies who need to have the ability quickly to scale up in size and established companies who may fluctuate in size due to workload demand.