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Birmingham Post
Birmingham Post
Business
Sion Barry

Business in Focus see big rise in occupancy levels across its property portfolio

Business in Focus has seen a significant rise in the take-up of space in its office and industrial property portfolio with plans to expand its Wales-wide estate.

The social enterprise, which as well as providing leased space to hundreds of firms also delivers business support functions for the Welsh Government, increased its property portfolio in 2019 when it acquired 220 units, across six sites in South Wales - at Abercynon, Aberdare, Bedwas, Dowlais and Pentrebach - and Wrexham from Venture Wales in a £7m deal.

The acquisition increased the size of its portfolio by around 70%. Since then, and despite the pandemic, occupancy levels has risen from 80% to 98.5%.

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