February 2020 – Situated at 140 West Street in Sandton, the newest edition to The Business Exchange’s portfolio sits right across the road from the Gautrain Station, the Michelangelo Hotel, Sandton City and Nelson Mandela Square, with the Sandton Convention Centre being a mere block away. This makes it the perfect home for corporate businesses or companies who need office space in a prime business location.
State-of-the-Art Meeting Rooms
The new offices come equipped with upmarket meeting and conference rooms in different sizes, a 145-seater auditorium with a video conferencing capability, and the 14th-floor terrace with views of Sandton, to name a few of the highlights.
Office Space Expansion Into Africa
This property is the latest to join TBE’s five other properties, four of which are located in Johannesburg and one in Mauritius. David Seinker, CEO of TBE, says, “We are looking at expanding our office space portfolio further with another two properties in Johannesburg, two more in Mauritius and our first in Durban. We are also investigating other parts of Africa, which will be a key focus for us this year.”
Seinker is convinced that the African marketing needs co-working office space with a difference. He believes that this difference lies in presenting networking opportunities to their TBE tenants, who are highly entrepreneurial, serious about doing business and continually looking for new opportunities. “At TBE, we provide a platform where our members can engage with one another and meet people who are equally serious about doing business .”
2019 Global Co-working Growth Study
According to the 2019 Global Co-working Growth Study by Co-working Resources, the demand for co-working space in Africa is significantly increasing. The survey states: “The number of spaces worldwide is projected to cross 20 000 soon and reach 25 968 by 2022, an increase of 42% from 2019.” This certainly bodes well for companies such as TBE and as Seinker says, “This growth, however, doesn’t mean the demand is being met. As the market becomes more saturated, newcomers offering shared office space are using lifestyle perks such as free drinks, foosball tables, and back massages to get tenants to sign up. While there may be a demand for these types of perks, not all companies are partial to this frivolity and prefer a more professional working environment, ” says Seinker.
Professional Office Space For Business Professionals
“Established start-ups that are scaling their operations, corporate companies including multinationals, and sole proprietor business owners tired of working from home or coffee shops and in need of a space where they can concentrate, are struggling to find a property that meets their needs. This is why we at The Business Exchange are excited about opening this new office space in Sandton. We aim to fill a gap in the market where business people can work from a shared workspace that takes itself a lot more seriously than some of the other shared office space players out there at the moment.”
The 140 West Street Property will offer the same high standard of premises and facilities, as the rest within the portfolio. Access to the private, shared and virtual office spaces will include;
- A reception area and welcome lounge for your guests.
- Professionally-trained reception staff
- Your personalised telephone line routing
- On-site Management support
- Full IT infrastructure with high-speed fibre optic connectivity
- Postal and courier services
- Centralised document hubs
- Generator back-up power
- Water, electricity, heating and air-conditioning included
- Daily office cleaning
- Secure office access and parking
- Fully Furnished Office Spaces
- Complimentary refreshments
- Access to on-site café and restaurant
- Coffee bars
- Private meeting rooms
- On-site gyms and showers
This sophisticated property is ready to welcome entrepreneurs, small business owners and corporate companies wanting a space from which to work – a space that puts them at the centre of the South African business world.
To find out more about this property or to make a viewing appointment:
Contact:
Marjorie Ndesi
Email: rent@tbeafrica.com
Mobile: +27 72 928 2127