Here’s what participants in our PropTech roundtable had to say about how the UK property market is changing rapidly as agile tech companies demand more flexibility and greater diversity in working environments.
As a young tech firm, looking for an office and deciding which type of space is right for you can be very daunting. Whether you’re after a shared co-working space, a fully-serviced office, or something in-between, the possibilities are endless.
Although the property market is being disrupted at a quickening pace, some traditional landlords still risk being left behind as they fail to adapt to the demands of agile tech startups and scaleups. Tech City News gathered a group of experts for a roundtable discussion on this very topic.
Traditional landlords
In most traditional commercial rental agreements, tenants are required to sign a lease that ties them into a lengthy contract of up to five or 10 years. Although this type of agreement can suit established firms that don’t plan on short-term rapid growth, they’re not ideal for the likes of tech startups seeking to create the next Big Thing....