neo<\/strong>space has gone from strength to strength. What is the secret of their success?<\/p>\n\n\n\nOne major factor underpinning this success can be found in an analysis of market trends. In their 2023 market report, property experts Savills noted that Aberdeen had seen \u201ca strong flight to quality<\/em>\u201d. As empty offices became a more prominent feature around the city, market reports indicated that at the top of the market the picture was completely different. In 2023 the occupancy rate for \u201cgrade A\u201d office accommodation in Aberdeen rose to an astonishing 98%. This move to higher grade offices was fuelled by a need to retain and attract skilled personnel in a post pandemic world. The general market fell, and rates dropped; but, at the premium end, occupancy rates climbed, and rates rose.<\/p>\n\n\n\nThese market trends go some way to explaining the \u201cneo<\/strong>space phenomenon\u201d. Clearly, neo<\/strong>space accommodated this \u201cflight to quality\u201d by offering high quality office space. But it offered more. It offered quality at a lower cost. It offered turnkey solutions under flexible contract arrangements. These are difficult things to find at the premium end of the property market. Quality, cost, and flexibility attracted management and business owners alike; quality, allied to the neo<\/strong>space concept of facilitating a harmonious work-life balance, appealed to the occupants themselves. It\u2019s a clever combination that is reaping the rewards it deserves.<\/p>\n\n\n\nIn the words of neo<\/strong>space Managing Director, Scott Paton: \u201cFlexibility is essential for success in the modern business environment\u201d. And this flexibility isn\u2019t just about the commercial packages, it includes the service offering itself. He adds, \u201cneo<\/strong>space is delighted to endorse this innovative work style. Our members not only experience a flexible workspace, but they also thrive in a community that nurtures creativity, productivity, and success.\u201d<\/p>\n\n\n\nNeospace opened its flagship centre in Aberdeen in 2021 and the business has grown quickly. Over three floors, a total of 48 companies are accommodated. Office sizes range from 45-desk open plan arrangements to 2-desk offices. And there is a popular co-working space to suit the needs of small businesses or temporary requirements. <\/p>\n\n\n\n
Meeting rooms of various sizes offer state-of-the art presentation facilities in high quality surroundings. From board room-type settings to smaller arrangements, clients enjoy the same quality of facilities and services as blue chip businesses in the world\u2019s busiest cities. The building attracts diverse occupants from different sectors, these include energy, renewables, accountancy, recruitment, wealth management, IT, marketing and many other businesses which combine to enhance the overall sense of business community.<\/p>\n\n\n\n