Green legislation, advances in mobile technology, and loss of empty rates relief can become a lethal combination.

Or they can nudge your offices towards a new lease of life...
  Most speculative offices built more than fifteen years ago are now struggling to perform in an increasingly hostile environment. They’re losing value fast.

Shorter leases, longer voids and Rateable Values that bear little relation to market rents, conspire to make holding unwanted stock ever more painful. And it won’t revert to the previous status quo: tenants and their requirements have moved on.

What these buildings need now is a completely new lease of life, perhaps reconfigured as sustainable mixed use schemes where supply and demand are more balanced.

Reedplace Ltd has been formed with the sole intention of doing just this. With proven design skills and ongoing experience of the occupier market, we know how to overcome obsolescence, and give buildings a future that they can look forward to, with returns to match.

Director Bill Reed is an architect with over thirty years experience of designing and managing small office buildings as a director of Reedspace Ltd and a partner of Bill Reed Architecture.

The focus is London and the Thames Valley, and we are fully funded for immediate purchase or joint venture decisions. Introducing agents will be re-instructed wherever possible. Kick start the process of transforming your offices back into an asset by contacting Bill Reed now.