Dr. Gleb Tsipursky – The Office Whisperer
Cat Johnson – Coworking Marketing Maven
Angela Howard – Culture Expert
Drew Jones – Design & Innovation
Andrea Pirrotti-Dranchak – Competitive Advantage
Jonathan Price – CRE & Flex Expert
Jeremy Fennema – Tech Innovation Alchemist
According to Cushman & Wakefield’s “Coworking 2019: The UK Flexible Evolution Continues” report, flexible workspaces are still making headway in Central London.”
Despite political disarray, operators leased over 1.2 million square feet of space across 40 transactions in Central London during H1. If leasing activity continues at this rate, the real estate advisor expects flexible workspace take-up to exceed over 2 million square feet for the third consecutive year.
While average transaction size fell 41% year-on-year to 26,010 square feet last year, this is likely due to the fact that new operators are taking up smaller amounts of space.
“It is worth remembering that while we have witnessed accelerated growth in the last few years, the flexible workspace market in its current guise is still in its relative infancy,” said Emma Swinnerton, EMEA Head of Flexible Leasing Solutions at Cushman & Wakefield. “The sector will continue to grow and drive change in the UK office market as we see new operators emerge, traditional landlords diversify, and the expectations of office workers climb towards a hospitality model.”
