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Between the Lines: Flexibility is the key to filling up vacant office space

Harbour Point Night Shot

By Iain Mercer

NO-ONE yet knows how long the financial sector will take to recover but until it does, one thing is certain: due to a general downturn in the economy, an unhealthy surfeit of retail and business space is likely to afflict our cities and towns for some time to come - one symptom being a retrenchment by the banks themselves. The most adverse effect is likely to be found on the high street, where the reduction in bank branches will compound the number of units left empty by retail closures or by expansion plans being put on hold - even on "prime" thoroughfares. A similar ...

http://thescotsman.scotsman.com/business/Between-the-Lines-Flexibility-is.5950384.jp

Source: Ken Houston Media
Date: 1/1/10

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