Landsec, the largest commercial property developer and investor in the UK, has launched its own flexible workplace brand, Myo.
In an attempt to rival major competitors like WeWork, Myo will offer spaces for groups between 15 and 80 people. Its first location will take up 36,000 square feet at 123 Victoria Street.
“After speaking to a wide range of businesses, we know that, from the small companies outgrowing their start-up space to the more established businesses looking to expand from their HQ, flexibility, convenience and a home to call their own is essential for them to achieve their goals,” said Colette O’Shea, managing director at Landsec.
This move follows other property giants, such as CBRE, who recently started expanding their own coworking brands.