Serviced office space providers MLS has made the decision to close most of its semi-serviced office space centres in order to strengthen the company’s core business.

The nationwide serviced office company will be closing almost all of their semi-serviced office spaces in London’s West End, one semi-serviced office space in Bayswater will remain open.

The serviced office providers are reorganising their UK office space portfolio in a bid to strengthen their business in the current economic climate and will continue to run 60 office space centres around the world.

Office space centres in London are not the only ones to suffer, fully serviced MLS office space centres in Manchester and Milton Keynes are also set to close.

MLS’ Managing Director David Plummer said: “Unfortunately, these centres have not performed well in the current market and, as most of them are very small, they absorb a disproportionate amount of central overhead and senior management time.”

MLS believe that the restructuring will improve the wider Group performance and enable them to provide a higher level of service and support to their clients.

Mr Plummer said: “We have communicated with all of our clients, landlords and suppliers to reduce or remove the possible impact caused by the closures and to secure the future for clients and employees in those locations.”

MLS report that their office space portfolios in India and China are performing well and that they intend to open more office space centres in Australia, Brazil and Italy in the coming year.