Dedicated office service line helps UK landlords

Savills has launched a new UK service line designed to help landlords and owner-occupiers.

Dedicated office service line helps UK landlords.
On 11 June, international real estate advisor Savills launched PIVOT, a UK service line dedicated to helping landlords and owner-occupiers to reduce letting voids and achieve enhanced returns by delivering flexible managed workspace solutions. The new service line will allow landlords to utilise the ever-growing demand from larger customers who are looking for anything from 40 to more than 150 workstations. PIVOT is led by director Charlie Wardroper, who will be working closely with Savills’ building and project consultancy, workplace, property and facilities management teams. He said, “The launch of Savills PIVOT, as an end-to-end service, is perfectly timed, given the structural shift we have seen across all office markets. PIVOT affords landlords an alternative way to cater to those customers who don’t want conventional space and/or prefer not to be a customer of a serviced office operator.” The flex market has matured considerably over recent years and is now a recognised part of an occupiers’ workplace strategy. Jeremy Bates, EMEA head of occupational markets at Savills, said, “Savills PIVOT creates a new opportunity for landlords to reposition existing space in order to better align their offer to a wider tenant mix, monetise and prevent longer voids.” For more on Savills, visit: www.savills.co.uk For related news and features, visit our Commercial Property section.Subscribe to Relocate Extra, our monthly newsletter, to get all the latest international assignments and global mobility news.Relocate’s new Global Mobility Toolkit provides free information, practical advice and support for HR, global mobility managers and global teams operating overseas.Global Mobility Toolkit download factsheets resource centreAccess hundreds of global services and suppliers in our Online DirectoryClick to get to the Relocate Global Online Directory