Jersey is the British Crown Dependency, a territory which lies off the British coast and is the largest one in the Channel Islands. Its capital city is St.Helier, and other large towns are Beaumont, St. Aubin, Bel Royal, etc. These locations boast the most significant share of offices in Jersey. Jersey has a deep base for office investments. The region’s economy is diverse, the unemployment rate is low, and GVA exceeds GBP3,7. Furthermore, Jersey is often called tax heaven because it offers incredibly favourable conditions for running a business for international organisations. In recent years, financial services became one of the main spheres of employment in the region. Companies operating in the fields of tourism and hospitality, education and research, construction and other branches are interested in office rental in Jersey. Facing such a strong demand, the office market of Jersey has seen substantial development and nowadays consists of about 3 million square feet of stock. On-island businesses tend to move from lower specification buildings into the new or refurbished ones - more modern, BREEAM rated, all-inclusive venues.
