
Much of the business activity is happening in Bournemouth. Apart from being a popular tourist destination, the town is home to numerous companies specializing in the tertiary sector, leisure industry, trade, finance and insurance, and a variety of other spheres. Nowadays, Bournemouth along with the nearby cities undergoes a significant transformation, with profound investment in the residential and mix-use commercial space development. The town is internationally known for hosting two universities and being a major centre of employment in the coastal region. Serviced and conventional offices in Bournemouth open their doors to numerous startups and the already-established companies, PEs and digital nomads. Some of new Grade A office developments that have recently been completed in Bournemouth are One Lansdowne Plaza building, office blocks in the Aviation Business Park, and Boscombe neighbourhood. Yet, the region faces a little prospect in a sustainable office development, which pushes the rental prices for prime venues up and increases the demand for a refurbished office space. Bournemouth boasts a range of affordable sites, leased for about GBP9-18 per sq.ft.per year as well as more expensive options that cost approximately GBP25-50 per sq.ft. Coworking trend is very popular in the region; thus, there are many shared office solutions there. Monthly membership in such venues costs about GBP200-600.