Our Space is a Co-working provider that is opening up a number of co-working developments over the next five years. The aim is to offer freelancers, the opportunity to have a space from which they can work then they require it. For investors, this presents an excellent opportunity to invest in a sector that is growing at an incredible rate.
Investing in Our Space, Birmingham, will offer a fixed investment return of 10.25% which can rise to 13.25% and there is a buy back option of 120% of the original purchase price. The freelance community is growing in the UK and this has led to a rise in the demand for co-working space of 18% each year. Almost 80% of freelancers are under the age of 40 and this means that the growing market is predicted to lead to 40% of the UK workforce being freelancers by 2020. This is a growing market and it is an excellent investment opportunity providing a monthly income.
Our Space has offices in key locations around the world and this proves that the co-working sector is growing globally. Following the success of Our Space in these key locations, the model is being replicated in Birmingham and is a great opportunity for investors.
Why should investors invest in Our Space Birmingham?
The city is going to experience some huge changes to its infrastructure over the next few years and the introduction of the high speed rail line to London in 2026 will bring more people into the city.
Many large organisations are moving to the city such as HSBC which will be located in the retail division of the city. To add to this, rent is on the increase and as there is a severe lack of quality space, developers have turned to building new offices or refurbishing existing offices.
The real estate sector in Birmingham is on rise and the commercial sector is also growing. However, finding office space is difficult, especially for small businesses and this has led to a rise in demand for co-working space investment.
What does it offer?
Any investment is protected by a $36 million corporate bond, a $5million shareholder equity and the cash that is generated from memberships around the world.
What will investors receive?
Investors will lease a workspace for five years and with this comes an ownership certificate and a workspace contract containing the terms and conditions
Finally, investors will be part of a profitable business model that has succeeded around the world. Only a certain number of workspace leases are released to those who want to invest and the lease in non-linear which means that a number of membership holders who pay a fee will have access to each workspace. Therefore, workspace lease returns are protected and returns and margins are increased considerably.
Birmingham is a vibrant city that is growing year-on-year. The lack of office space and the fact that the infrastructure is going through positive changes will mean that the city is going to become attractive to freelancers who require a space from which they can work.