Charity Property Matters Survey: Results
Like many we found the findings of the fourth Charity Property Matters Survey published by the Ethical Property Foundation (in partnership with the Charity Commission and Charity Finance Group) of extreme interest. For us the standout findings show that 33% of charities rent from a commercial landlord. This has increased from 21% in 2014, meaning that 31% of tenants rent, rather than own, their premises.
Proving that there is an alternative to traditional commercial landlords, Ethical Property was formed in 1998, with one of our founding quintessentials being to provide decent, affordable workspace for charities. Twenty years on, this is still at the heart of what we do today. Ensuring we meet our tenants’ needs, we provide affordable rents, flexible contracts, and the chance to work alongside a like-minded community of organisations. This year sees the launch of The Green House in Bethnal Green, built with the environment in mind, this centre is already helping to meet the demand for charities and social change organisations to find suitable office space, with 30% of offices let prior to opening.
Jonathan Davies, Operations Director at Ethical Property said:
“Charities are finding it increasing difficult to find space within the public sector and the realities of high rents and lack of understanding that the commercial sector offers is difficult for some to work with. The report makes interesting reading and shows that the demand for landlords that put tenants at the heart of what they do and offer a supportive environment to charities is paramount. We are proud that last year Ethical Property supported close to 1,000 organisations and that our work continues with the opening of new centres.”