As we all know, in the last couple of years, the recession has forced businesses to change and adapt to the current economic climate and it has been recorded in America alone, office vacancies are above 10%. This can be due to downsizing, moving and in some cases closing down all together. However there is a silver lining within this dark cloud as more and more offices are being left with furniture still in them due to companies simply not being able to afford the moving fees or costs of disposal.
It has only been recently that landlords are taking this opportunity to advertise furnished offices whereas before removal companies would be called in to haul away any unwanted furniture. This means that new tenants don't have the hassle or more importantly the extra cost of buying new office furniture. To look at this from another angle, you might think that companies that sell new and used furniture will see a decline in sales, but as the appeal for furnished offices continues to grow, landlords are deciding to purchase furniture for their offices and in some cases include furniture allowances for the new tenants to remain strong within the competitive market. In essence we can see that the business property market is evolving during these depressing times, however hope is on the horizon.