Business Environment was formed in 1994 by David Saul, Simon Rusk, Bernard Klug and Colin Gershinson, through several property purchases that were refurbished to become serviced offices.
Through further additions we have steadily grown and we are now the leading provider of business centres in the UK. We currently own and operate approaching 1,000,000 sq ft of property and cater for small, medium and large organisations demanding highly competitive and flexible office accommodation…
Between 2000-2007 Business Environment spent over £60M acquiring and refurbishing buildings, setting ambitious growth plans. In 2008 we launched our single person office solution and our Virtual Office packages, and at the start of 2010 we installed ten Video Conferencing suites to allow our clients international business access within their own workplace. Also in 2010 we launched our exclusive meeting and conferencing brand: &Meetings – which operates as a complimentary operation to give a first-class meeting experience in our business centres, complete with a 100% online booking service. In 2011 we opened BE Cheapside showcasing our innovative new fit-out style, and spent an additional £500,000 on IT to give a more robust infrastructure and 1,000 Mbps lines into all our business centres, to maintain our strategy of always providing the fastest connection speeds in our industry. In 2015 we won the BCA Business Centre of the Year for a 6th time, with BE Minories being the 4th BE centre to pick up our industries’ premier award. In 2016 we added 4 more London locations to our portfolio in Paddington, Victoria, Euston & Canary wharf.
Today the company has a large portfolio of business centres, and has grown to employ well over 300 people and we don´t intend to stop there! We have some exciting plans to acquire buildings in other parts of London and the UK. We are dedicated to finding the right office space to meet our clients needs.
2016 – Acquired 4 new centres in Paddington, Victoria, Euston & Canary Wharf. Group now employs over 300 people
2015 – Acquired further space at 107 Cheapside.
2014 – Sale and Leaseback of the Watling Street property. Moves Head Office function to Minories, and disposes of old HQ at Groveland Court
2013 – Refinances £110m of senior debt including new monies
2012 – Advises LPA receivers regarding profit maximisation of problem properties. Advises banks on managing and maximising income from vacant or partly vacant properties
2011 – BE receives ‘Investors in People’ accreditation. Manages 3 business centres on behalf of an LPA receiver and banks.
2010 – The Group signs its first lease on property at Cheapside.
2009 – Profit for the year surpasses £3m for the first time. BE WestPoint wins BCA “Business Centre of the Year Award”.
2008 – Acquires leasehold at Threadneedle Street in the City of London.
2006 – BE wins the first of many awards, with the Milton Keynes centre awarded the BCA “Business Centre of the Year Award”. The Group employs over 100 people for the first time.
2005 -Acquires 12 Groveland Court and 73 Watling Street, London EC4
2004 – Acquires 1 Royal Exchange Avenue, London EC4 and 150 Minories both in Central London
2003 – Gross assets exceed £100m, Profit for the year surpasses £2m. Wembley undergoes a £5.5m internal and external refurbishment.
2001 – Acquires and refurbishes CityPoint in Bristol and Beech Street in London EC2
2000 – The Group achieves a profit of over £1m for the first time. Acquires and refurbishes WestPoint in Bristol and Milton Keynes
1999 – Gross assets exceed £10m. Acquires and refurbishes Soanepoint in Reading and Viewpoint in Basingstoke
1998 – BE acquires the freehold of 1 Olympic Way at Wembley, after initially acquiring the long leasehold in 1997
1997 – Sells Euston House
1994 – Business acquires its first freeholds at Southbank House and Euston House, both in London