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Broadband Is Here To Stay Says Agent

LONDON-Short-term fluctuations in the electronics sector will do little to dampen demand for broadband communications, and landlords must continue to provide enhanced infrastructure, claims Weatherall Green & Smith.

By Graham Parker | Updated on September 14, 2001

LONDON-Landlords should seriously consider wiring office buildings if they are to gain a competitive advantage, according to Weatherall Green & Smith Associate Director Nigel Almond. The market is changing for good, despite the recent falls in the stock market, rising debt levels in the telecoms sector and the overall economic slowdown across the globe, he said.

Speaking at the RICS Foundation’s Cutting Edge conference in Oxford, Almond said research had identified how a number of large property companies are already adopting strategies to provide telecommunications as standard within office buildings, as a response to developments in the US. ‘In embracing such initiatives, companies will benefit from a first mover advantage, including potential higher investment values, increased income, fewer void periods and tenant loyalty,’ he said.

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