Excellent investment with attractive prices. I am talking of modern, elegant, and well-served temporary offices in Manhattan, the center of the world business. As official datas report, “freelance” jobs are increasing (40% by 2020, according to estimates). More and more professionals are no longer working in a fixed place, but they are moving, making the demand for offices, where to work for short periods, greater.
Bar Works are the answer to such demand, providing a differentiated offering in the work space market and keeping set-up costs down. In fact Bar Works offer to professional free access to a variety services (wi-fi, photocopying, meeting rooms, technical support etc..); amenities such as common areas, restaurant and bar with meals and drinks at discounted prices; a busy schedule of events with guest speakers. Members can use the premises for all their business-related eneds, and network much more effectively in comfort and in contact with their data and resources. Professionals have all the advantages in choosing your office!
Globally, the co-working business is in a major uptrend. According to industry tracker Deskmag.com (report of 2014) : “Seven out of ten co-working facilitators report that the availability of desk space in co-working spaces can’t keep up with the public’s demand in general. The current need for co-working spaces outweighs the availability of vacant spots. Taken as a whole, the co-working economy has paralleled this positive outlook, with more than one in two co.working spaces planning to expand in this year alone. Success stories with this kind of market value are few and far between. Comparedto co-working, many other industries see less growth on average.”
Bar Works plans for expansion include at least six further sites in New York City, to ensure a recognizable brand within the city, as well as a spread of convenient locations for members. Directors of Bar Wrks are already researching available and suitable sites in Chicago, London with the aim of taking the toatal mumber of Bar Works’properties to not less than 15 in the next three years. The Directors and their real estate advisers believe the potential for growth in the Bar Works’ portfolio to be substantially higher.
Investment details:
$ 22,000 Price per unit
$ 2,000 Agency fee inclusive of consulting services and post-purchase assistance
$ 1,500 Due Diligence fee
Net rate 15% annual from the 14th day from final purchase
Income from November 1st
Income perceived monthly
Buy back after 10 years at 125%
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