Serviced offices vital in helping young firms make their mark
Denise McGeachy, group centre manager at Leeds- based Bracken Business Centres
What are the prospects for the property sector in Yorkshire?
During the last 10 to 15 years, the North’s office property sector has embraced the less ‘ traditional’ working methods, giving better access to start- up companies and SMEs, which are essential for the local economy in terms of investment and job creation.
The property industry can’t rely solely on corporate lettings. The vast majority of the Leeds office market comprises creatives, start- ups and SMEs.
Serviced offices are crucial in helping these companies to streamline their affairs and focus on business development. This creates a positive buzz and nurtures demand in Yorkshire’s property sector.
What is the best project you have been involved in?
DENISE MCGEACHY: Favourite building is the First Direct Arena with its quirky style.
Our own Calls Wharf development was exciting. We resurrected a building which had lain vacant for a long time and was ready to be brought back to life, and it has become an important link in the everexpanding city centre.
Developments on The Calls have revitalised the area and helped connect the city centre to Leeds Dock.
The serviced office market in Leeds hadn’t seen anything like Calls Wharf before we launched and it has stood the test of time.
Who do you admire most in the Yorkshire property industry?
For having the courage to press the button on the Trinity Development in Leeds when they did, I would have to say Gerald Jennings, then of Land Securities. It was a bold move in uncertain times.
If you could change one thing to improve the property industry in the region, what would it be?
It’s essential we continue to nurture and support business start- ups and SMEs as some may become the industrial giants of tomorrow. Also, the big internet companies need to accelerate their installation times.
What is your favourite building in the region?
Leeds has a rich tapestry of historical architecture which is heartwarming to look at, but my current favourite is the First Direct Arena. I love its quirky style and fabulous illuminations and the great economic benefit this development brings.