Business park or business estate is an area of land in which many office buildings (An office is generally a room or other area in which people work, but may also denote a position within an organization with specific duties attached to the latter is in fact an earlier usage, office as place originally referring to the location of one's duty.
When used as an adjective, the term office may refer to business-related tasks. In legal writing, a company or organization has offices in any place that it has an official presence, even if that presence consists of) are grouped together. All of the work that goes on is commercial, not industrial or residential. These are popular in many suburban(Suburbs are commonly defined as residential areas on the outskirts of a city or large town. Most modern suburbs are commuter towns with many single-family homes.
Many suburbs have some degree of political autonomy and most have lower population density than inner city neighborhoods.) locations, where it is cheaper to develop land because of the lower land costs and the lower building costs for building wider, not necessarily higher. They are also often located near motorways or main roads. Criticism of business parks often relates to the failure of business parks to relate to the urban fabric of the city: Singapore Property Realtor Business Parks Team is dedicated to serving clients within the office segment.
Our commitment to the sector enables us to provide advice to our clients on every aspect of the office market. Based on a profound understanding of the business, and in close cooperation with experienced developers, we have been instrumental in shaping the supply of successful office developments and business parks. Among business parks’ advantages are the brand new facilities, which businesses prefer to old buildings in central Sofia. This may sound odd, but the aesthetic and location sacrifices become desirable after tenants have been through the experience of having to repair leaking pipes or take care of heating or air conditioning their office.
” Each company is built on the people who work for it and the place where they spend most of the day is of significance to them”. “The Hot victory business park offers all kinds of services that a working person would need – a supermarket, dry cleaners, restaurants, coffee shops, banks, a post office, mobile operators.”
And last but not least is the concentration of many businesses near each other, which is convenient for those who depend on access to other operations and services. The co-dependence creates a circle, where restaurants, hotels, cafes, shops and other such facilities emerge in business parks to meet the demand of the thousands of people working there. At the same time, the existence of such facilities makes the park attractive to tenants.
The ripple effect reaches residential properties in nearby areas, where sale and rent prices exhibit a hike. A result of this form of territorial colonization is the proliferation of spaces which escape the control of the built realm: While Singapore Property Realtor debate on whether the traditional city block is a naive solution to the problem of ordering immediate periphery, a new approach to special organization arises with the ease that characterizes any new consumer good, an approach.