Switch Hospitality ventured into our first service charge contract in 2020, for this 16 story serviced office development.
Some key wins to date:
- Switch agreed a service charge budget 15% less than the previous management company.
- At the end of the year in 2021 Switch reduced the service charge spend by a further 20% and £1 per square foot for tenants.
- 2021/22continues with the same trends:
Occupancy increase of 20%
Retention 95%
Rates Growth 15%
