ISSN: 0960-2712
Currently published as: Journal of Property Investment & Finance
Incorporates: Journal of Property Finance
Online from: 1983
Subject Area: Built Environment
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| Title: | Office occupier demand reflected by the Birmingham market |
|---|---|
| Author(s): | Peter Dent, (School of Real Estate Management, Oxford Brookes University, Headington, Oxford, UK), Alan White, (School of Land and Property Management, University of the West of England, Bristol, UK) |
| Citation: | Peter Dent, Alan White, (1998) "Office occupier demand reflected by the Birmingham market", Journal of Property Valuation and Investment, Vol. 16 Iss: 4, pp.411 - 418 |
| Keywords: | Birmingham, Facilities management, Information technology, Offices |
| Article type: | Research paper |
| DOI: | 10.1108/14635789810228231 (Permanent URL) |
| Publisher: | MCB UP Ltd |
| Abstract: | Occupiers of offices in Birmingham are faced with four main problem areas: organisation evolution; location; new working practices; and availability of office supply. This paper is based on a comprehensive survey of office occupiers within Birmingham’s office core. It focuses specifically on the implementation of new working practices, information technology and management techniques. Emphasis is placed on the resultant effect for occupier demand. Development of new office buildings has proved to be most successful within the city centre especially following the popularity of the Brindley Place development located outside the traditional CBD. The paper shows that, although, the demand for large floorplated buildings is strong, occupiers are seeking specifications which reflect their organisation’s structure and which also have the ability to utilise future IT systems. As a consequence of the limited supply within the city core, occupiers have often opted to take refurbished space in more secondary locations which attempt to meet their immediate needs. However, does the widespread use of IT still provide an advantage in business and does its use require the most modern and largest buildings in the CBD? The results of this research reveal insight into the views of office occupiers which could be valuable for commercial office developers and investors. |
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