The New Risk in Office Is the Landlord
Why ‘de-risking’ your building is now the riskiest move.
Many landlords believe they have “de-risked” their office assets with flex.
After investing £XXM+ on the refurbishment of their prestigious office building, they sign a fixed lease with a mid market flex operator.
✔️ Flex office amenity tick box accomplished.
Internally, that gets reported as stability:
Lower capex exposure
Guaranteed income
No operating ob…
