Pandemic to fuel growth of shared service centres

Shared services sector growth is likely to accelerate over the coming years, says Cushman & Wakefield in its latest report on alternative locations for business service sector occupiers.

The consultancy claims that the growth will speed up as most developed economies enter into an economic slowdown or recession caused by the global pandemic.
According to the report, Poland leads the way across the region for shared services and is expected to remain a favourite location for companies looking for savings from relocating some of their back-office functions to lower-cost locations.
The largest cities should continue to dominate the sector, but alternative locations are expected to grow providing they can meet investor requirements for office space and skilled labour, and that their respective authorities are supportive of business investment. The twelve growth locations Cushman & Wakefield singles out for special attention are Białystok, Bielsko-Biała, Bydgoszcz, Częstochowa, Elbląg, Kielce, Olsztyn, Opole, Radom, Rzeszów, Toruń, and Zielona Góra.