Flexible workspace provider The Office Group said occupancy rates returned to pre-pandemic levels in the six-month period ending 30 June 2023.
The group reported occupancy for its mature buildings increased by 7% compared with the same period in 2022, with overall occupancy at 91% for H1 2023. The Office Group said customer retention rates had also improved, by 12%.
Enrico Sanna (pictured), CEO of The Office Group, said: “Our strong performance throughout H1 reflects our robust business model and growth strategy, as well as the strength of interest in flexible space. We remain focused on continuing to enhance The Office Group’s offering – by creating unique experiences for our customers in premium buildings.
“As the market continues to evolve, our resilience lies in our ability to respond to the changing needs of our customers – with more organisations and their employees embracing the work environment as a key driver for business success. The Office Group is uniquely placed to take advantage of the shifting patterns in the world of work with the support of two committed and well-funded shareholders.
“Our purpose is to energise and empower people to create their best work. We lead, challenge and set the standard for what the workspace experience can be. We do this by creating beautifully designed buildings, focusing on the customer experience, and making the spaces flexible to allow businesses to thrive. We respond to the architecture, location and context of each building so that we can generate a real sense of ownership and community. The people in our buildings are at the heart of what we do and these relationships drive how we act as a business.”
