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Citibase boosts team to expand managed office portfolio

The Property Manager for the New Economy, Citibase, which manages 36 fully serviced business centres in the UK on behalf of building owners, has appointed Emily Sharman in the new role of Client Services Consultant, to spearhead the growth of its network of flexible officing hubs. The Citibase network has already enjoyed rapid expansion, with […]

The Property Manager for the New Economy, Citibase, which manages 36 fully serviced business centres in the UK on behalf of building owners, has appointed Emily Sharman in the new role of Client Services Consultant, to spearhead the growth of its network of flexible officing hubs.

The Citibase network has already enjoyed rapid expansion, with nine new openings in the past 12 months in areas including Aberdeen, Wakefield and London Victoria Palace Street. Emily will liaise closely with building owners, from those who have just an empty floor, to those with an entire vacant building. By taking on the management of these properties, Citibase can help turn them into vibrant flexible officing centres packed with the SMEs of the New Economy, and generate cash for their owners as a result. Previously, Emily was Regional Sales Consultant at Citibase.

The announcement follows a record period of growth for Citibase, in terms of new openings, high level appointments and financial performance, with the best ever results in its 24-year history – with a 23% rise in year on year earnings (EBITDA) and total revenue up by 7% to £21.25m.

Steve Jude, Citibase CEO, comments: “The flexible office sector is booming and presents an exciting opportunity for smart building owners looking to make the most of their assets. Having nearly a quarter of a century of expertise in transforming underutilised offices – whether just a floor or two or a whole building – into vibrant office hubs, Citibase manages the whole process from start to finish. It’s a tried and tested, hassle-free means for building owners to obtain a steady cash flow from their underutilised spaces.”

“Emily’s appointment to the team will help us to support new building owner Clients and meet our ambitious expansion plans to open many more centres up and down the country. The world of work has changed forever – and Citibase, as ‘Property Manager for the New Economy’, will continue to remain at the forefront of this flexible officing revolution.”

To discover more on how Citibase can help generate cash for building owners from underutilised office space click here

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