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Runway East Bloomsbury Over 50% Occupied Within a Month
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Runway East, the fast-expanding flexible workspace operator, who earlier this year signed an a joint venture partnership agreement with landlord Abrdn at 24-28 Bloomsbury Way, London has now reached over 50% occupancy (51%) at their latest site within a month of opening.
With desk space for approximately 800 members, from start-ups to SMEs and satellite corporate offices. The building offers serviced office space for teams of 4-100, as well as a 120-person event space, a secret garden, break out space and over 40 meeting rooms, phone booths and a boardroom for up to 20 people. So far, businesses that have signed up for space include: St Martin-in-the-Fields Charity, OneFootball and Din Tai Fung.
“We’re delighted with the take up of space at Bloomsbury, given where we are in the year we had given ourselves a target of 30% but the demand has surpassed our ambition and we have reached over 50%,” shares Natasha Guerra, CEO of Runway East. “What we’ve found from sales to date is that following the WeWork fall, there is a lot more caution amongst members, with requests for transparency when it comes to our business planning and even our lease, also we’re also seeing more clients asking for our ESG credentials and B-Corp status.
“There’s some rumblings about the future of flex, but from what we’re seeing and hearing, demand remains strong. Over 2024, we expect to see more businesses downsize their office requirements and take up space in serviced offices like ours so they can scale up, down and rent meeting room space if we need too."
"Flex is a more efficient use of space, and more responsive to demand." Natasha Guerra
Got Questions? We've Got Answers
We've put together some FAQs to help you settle into life at Runway East.
What’s included in the price?
Our pricing is all inclusive, so as well as access to your own private office space, your price includes business rates, utilities, cleaning, tea and coffee, a program of professional and social events for your team, and (all importantly), Cake on a Wednesday and a Drinks Trolley on a Friday.
What will my quote include?
Your quote will include all currently available office space that meets your requirements, along with the information you need to decide if we might be right for you - images, floorplans, and full details of our services.
Do you offer free meeting room access to members?
Yes, if you become a member with a private office at a Runway East site, you get free meeting room access for your team across 100+ meeting rooms we have, with industry leading allowances. To make sure members use space fairly, overages are charged only in the event you go over your allowance.
I have specific needs - can you meet them?
Almost all our members have specific needs - and we pride ourselves on aiming to meet them. Reply to your quote with them, and we’ll give you a speedy response - or call us on 0203 1379 953.
How long are your office space agreements?
Our standard pricing is on 12 month terms, but if you want a shorter or longer agreement, those are also available, with custom pricing to reflect your commitment level.
Can I customise my office?
Yes - we have a range of office customisation options you can choose from, and we want to deliver a great environment for your team. Options include your logo on the wall, to your own phone booths in office, through to building meeting rooms and custom requirements.
I’d prefer to speak to someone on the phone or via email?
No problem - you can give us a call on 0203 1379 953 or you can email us at membership@runwayea.st.
Are Runway East expensive?
We provide a range of options for all budgets, and always aim to work with your budget where we can. If we can’t meet your needs - we’ll be upfront about that with you from the start.
Can I speak to someone on the phone/over email?
No problem - you can give us a call on 0203 1379 953 or you can email us at membership@runwayea.st
How flexible are the length of the agreements and notice periods?
We price most of our memberships on desks, or the equivalent number of desks within an office.
Are there any hidden fees we should be aware of?
We price most of our memberships on desks, or the equivalent number of desks within an office.
What are the membership criteria?
We price most of our memberships on desks, or the equivalent number of desks within an office.
How does the meeting room system work?
We price most of our memberships on desks, or the equivalent number of desks within an office.
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