Think London, the official foreign direct investment agency has reported that small and medium businesses from abroad are showing keen interest in taking up office spaces in London. In fact, the agency reports that more than 70% of all new capital investment in this sector can be attributed to SMEs.
The Touchdown London initiative which was also a brainchild of Think London has also been credited with encouraging and assisting a huge number of SMEs to bring their business into London city locations or expand existing businesses. The Touchdown London is an initiative which connects overseas businesses with London markets by providing serviced offices at prime locations like Avanta business centres in Hanover Square, Devonshire Square, and Hammersmith.
The Mayor of London, Boris Johnson, said that the advantages that the city can offer are unmatched. Low commercial property cost, skilled talent pool, a multicultural atmosphere give huge benefits to businesses based here. Owing to these, London rent a desk spaces are hugely popular as a business destination for overseas companies.
Added attractions are the fact that the Olympics are due to be held in London soon and this will bring huge attention to the city from worldwide audiences. Also infrastructure in London is being upgraded now to take care of this enormous event. These will also help businesses if they choose to move to London now. In fact, businesses which opted for Touchdown London to identify office spaces here said that low cost of entry and the time that is saved in gaining foothold here are perceived as the biggest advantages.
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