Are you searching for the right property for your office? We will advise you on how much time you should plan for your search for the right property!
Are you looking for the right property for your office? Then you should allow yourself plenty of time to find the ideal property. People often underestimate how much time is involved in the search.
Create a requirements profile
In order to find a suitable property that meets your requirements as quickly as possible, you should draw up a list of requirements in advance, specifying in detail exactly what you are looking for in an office property. This will give the real estate agent a clear idea of what you have in mind and enable them to act more quickly.
Location and size are crucial
Of course, the timeline for your property search also depends on the size of the space you need and the location. The larger the property, the longer the search will take. The same applies to the location: the more central or popular the desired location is, the longer the search will take.
Approximate lead times
There are no clear rules regarding the time frame, as every property search is different. However, it can generally be said that requests that need to be fulfilled within a very short time frame, for example two months, are very difficult to realize. To avoid this happening to you, start your property search as early as possible!
The following time frames can be roughly estimated:
- As a rule, you should allow at least six months' notice for smaller office spaces under 10,000 square meters.
- For larger spaces of 10,000 square meters or more, you should plan at least twelve months.
- For new construction, you should expect around two to three years.
Expect waiting times
Finding a property does not mean that you can move in immediately. Please note that unplanned factors may arise that could delay your move. First, the lease must be drawn up and reviewed. Furthermore , there may be renovation work that you have not factored into your schedule. Last but not least, a shortage of skilled personnel can always cause further delays. In summary, you should be very generous in your time planning, have a requirements profile drawn up, and consult an expert when searching for a property so that you can find the right office space as quickly as possible.
