Avanta Boosts Year End Occupancy To Record High

Online, December 13, 2011 (Newswire.com) - Avanta boosts year end occupancy to record high

Business is booming at Avanta Managed Offices to such an extent that, despite the tough economic climate, the company is ending 2011 with an average 90% occupancy rate across its portfolio of 18 business centres - the highest average figure it has ever achieved.

"This remarkable result is thanks to the combined effort of both a larger sales team, which was put in place in 2011, and the exceptional work carried out on a daily basis by the centre teams to deliver the highest levels of customer service," comments Geraint Evans, Avanta's Sales and Marketing Director.

"We really are delighted with these results and it's exciting to be fast approaching 2012 in such a strong position, particularly with all the fantastic opportunities that the 2012 Olympics will bring to businesses across London next year.

"Businesses of all sizes are actively embracing the flexible workspace proposition as the ideal solution to these challenging economic times. Many businesses are finding it hard to make any long term plans so the ability to 'right size' their workspace to meet current or future demands of the marketplace is proving an attractive proposition."

However, Avanta is not just smashing office space occupancy records. Avanta Meeting Solutions (AMS), the meeting room arm of Avanta increased its revenues across the portfolio by over 20% in 2011 and it achieved its highest-ever revenues for meeting room usage in November. To top the year off AMS entered the month of December producing more confirmed revenue than taken for the whole month last year, it looks like Avanta will have plenty to celebrate this holiday season.

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Note to editors: Avanta Managed Offices Limited was formed in 2004. The company offers highly flexible, unbranded office space and meeting rooms, with advanced and competitively price technology, tailor made to meet the requirements of the occupier. In the UK it currently manages more than 650,000 sq ft of office space in prime locations in London, the Thames Valley and Edinburgh. It also operates one business centre in New Delhi, India and in 2009 formed a partnership with Regent Business Centers, which manage 13 locations throughout the US.

For further information about Avanta

Colin Peck, Gravitas Business Communications

07802 606 433

[email protected]

Tim Xumsai, Avanta Managed Offices Ltd

0203 008 6000

www.avanta.co.uk

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