Return to office working helps drive lettings activity

Rosemary Hill

THE serviced offices arm of HFD Group has reported a ‘positive’ start to 2022, with a number of new lettings at Strathclyde Business Park and Hamilton International Park.

Around 32,000 sq. ft. of serviced office space has been let to tenants over the last six months, including around 5,400 sq. ft. to biopharmaceutical company EnteroBiotix; more than 5,000 sq. ft. to salmon producer Cooke Aquaculture; and 1,400 sq. ft. to contractors’ support business, Rebus Consulting.

A number of the suites in Strathclyde Business Park have recently been refurbished to accommodate both new tenants and current occupiers’ requirements.

HFD said the increase in activity was partly driven by the ongoing return to office working after the pandemic.

Rosemary Hill, MD of HFD Offices, said, “With the lifting of work-from-home restrictions and more businesses returning to the workplace, recent months have seen a significant uptick in lettings activity. We expect to see the positive momentum continue, particularly as companies explore hybrid working arrangements and determine how that impacts their ongoing office space requirements.

“One of the major benefits for our occupiers at Strathclyde Business Park and Hamilton International Park is the fact that we offer flexibility and have a varied portfolio that means we can accommodate changes in their needs. This year we’ve seen that play out for a number of businesses that have grown in size and have needed more space. We have been able to maintain those relationships and find alternative, or extra, space that gives occupiers continuous access to the same level of service.”