Regus Stock Falls
May 24, 2010
Regus shares are reported to have dropped a heavy 17% from 18.9p to 94p. The serviced office company recognized at its annual meeting that market
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Regus shares are reported to have dropped a heavy 17% from 18.9p to 94p. The serviced office company recognized at its annual meeting that market
Business centre company Serviced Office Group plc (SOG) recently announced a drastic improvement in 2009 compared to 2008. The company’s total revenues for the year
"…the business centre industry will no doubt welcome the initiative to exempt small businesses from paying business rates…on all all premises with an annual rental of less than £6,000."
Crain’s Manchester Business reports that serviced office provider Your Space Ltd has been put into administration after a creditors’ voluntary arrangement (CVA) failed. Last fall,
Property Week has published an advance report on the exclusive preview to the first quarter issue of officebroker.com’s Serviced Office Review Series. In a report
Looked at in isolation, these results might appear dreadful, but in the context of the worst economic recession since the end of World War II, they are actually not at all bad in our view.
I have always maintained that the key to profitability in this industry is size, and the ability to call upon capital resources is one key aspect of this.
Jonathan Price, Finance Editor for Officing Today, recently took some time to speak with aBetterOffice about the serviced office market. He pointed out the issues
Regarding Citibase’s listing with AIM, Steve said, “We’ll return to float when the time is right.”
The solution for the business centre operator is to get the prospective client to use an independent occupancy cost calculator prepared by a body which has nothing to do with the serviced office industry.