London Fit-Out: 10 New Trends Identified To be continued…

  1. The shape of office building needs to change – businesses crave interaction and communication, this favours ground scrapers and low slung buidlings (and not just sky scrapers?)
  1. Change is being driven by technology (not people) – the pace will only increase and affect the way we not only occupy space but also the way we fit-out space.
  1. Co-working, flexibility and downsizing is the name of the game for growing companies in London – why take a new lease when you can expand with a WeWork next to your office (but interestingly not a Regus…)
  1. Pre-let is the name of the game – as we enter a historic period of lease breaks which will create new demand for office space set against a historic low supply of A Grade space on London.
  1. Developers have the control – offering early move in, single point of control and turnkey solutions to entice and capture new leases with prospective tenants.
  1. Big is beautiful – property consultants will continue to expand vertically as well as horizontally gobbling up d&b contractors in an effort to maintain client relationships through the move process. (with thanks to Bluu / JLL)
  1. Mergers & Acquisitions will continue – the roll call is getting longer but companies will take the opportunity to ‘cash in’ or team up with bigger or more diverse companies to ensure a place for when the music stops..
  1. Déjà vu – every dog has his day and for Trade Contractors their day has arrived as the market demands a different relationship with the supply chain to mitigate inflation and reduce tiers of management (think CM).
  1. Designers are under threat – are we experiencing the rolling up of design into the process of project management and construction – the gradual neutralising of the design role in the fit-out process?
  1. Relationships are king – Fit-out is a community that is not confined to London but increasingly America and the rest of the world. Engage to mitigate risk.
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