• Events
  • Marketplace
  • Resources
  • Press Releases
  • Business Directory
  • About Us
  • Advertise
  • Contact
The FUTURE OF WORK® since 2003
Allwork.Space
Subscribe
  • All Topics
    • Business
    • Biophilic Design
    • Career Growth
    • Coliving
    • Collaboration
    • Coworking
    • CRE
    • DE&I
    • Digital Nomads
    • Future of Work
    • Home Office
    • Human Resources (HR)
    • Hybrid Work
    • Investment
    • Leadership
    • Marketing
    • Mental Health
    • Mergers & Acquisitions
    • Office Furniture
    • Productivity
    • PropTech
    • Remote Work
    • Self-care
    • SMBs
    • Social Impact
    • Space-as-a-Service
    • Technology
    • Virtual Office
    • Work-life Balance
    • Workforce
    • Workplace Design
    • Workplace Wellness
  • News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • Marketing
  • CRE
  • Podcast
  • More
    • Advertise With Us
    • Marketplace
    • Events
  • All Topics
    • Business
    • Biophilic Design
    • Career Growth
    • Coliving
    • Collaboration
    • Coworking
    • CRE
    • DE&I
    • Digital Nomads
    • Future of Work
    • Home Office
    • Human Resources (HR)
    • Hybrid Work
    • Investment
    • Leadership
    • Marketing
    • Mental Health
    • Mergers & Acquisitions
    • Office Furniture
    • Productivity
    • PropTech
    • Remote Work
    • Self-care
    • SMBs
    • Social Impact
    • Space-as-a-Service
    • Technology
    • Virtual Office
    • Work-life Balance
    • Workforce
    • Workplace Design
    • Workplace Wellness
  • News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • Marketing
  • CRE
  • Podcast
  • More
    • Advertise With Us
    • Marketplace
    • Events
No Result
View All Result
Allwork.Space
OfficerRnD_ Flex Startup Program_Image_Leaderboard_AllWork_728x90
Home Press

New Report Reveals Central London Flexible Office Market Is Thriving

Allwork.Space - PressbyAllwork.Space - Press
February 28, 2020
in Press
Reading Time: 2 mins read
A A
aws london of

A new report by Office Freedom shows that Central London’s flexible office locations have grown by 34% year on year.

Share on FacebookShare on TwitterShare to Network
Nexudus Ad
  • A new report by Office Freedom shows that Central London’s flexible office locations have grown by 34% year on year.
  • More than 300 operators now manage over 850 flexible workspace locations in Central London. 
  • Enquiries for larger flexible office space are growing; 35% of enquiries were for 10 desks or more.

A new report from Office Freedom suggests continued growth within flexible office spaces, a growing trend which shows no sign of slowing. Flexible workspaces have seen a dramatic increase in recent years, with Central London seeing particular interest for flex spaces.

The “London’s growing flex appeal” report takes a detailed look at Central London flexible workspace trends. It reveals that the City of London holds a 22.2% share of flex working spaces, Tech City (Shoreditch, Old Street and surrounds) holds an 11.9% share and Midtown (Bloomsbury, Holborn and surrounds) holds a 10.9% share.

While the City of London was the single area in which most transactions were concluded, the locations covered by the W1 Postcode (Mayfair, Marylebone, Soho, Fitzrovia etc.) accounted for the majority of flex office transactions.

In 2019 the average London monthly desk rates ranged from between £314 in Notting Hill to £747 in Paddington, with London rates having dropped an average of 3.1% year on year. Historically Mayfair has been one of the most expensive Central London flex locations; however, with a 13.8% drop in average desk rates it has become the second most popular destination for flex offices behind The City. SE1, the third most popular location, has seen little change in average rates.

More stories for you

Redefine Hybrid Office Space To Boost Employee Productivity

Hybrid Work Expert Shares 3 Proven Ways To Boost Productivity

4 hours ago
Employee Monitoring Raises Ethical Questions, New Advisory In U.K.

Employee Monitoring Raises Ethical Questions, New Advisory In U.K.

13 hours ago
U.S. Workforce Prioritizing Flexibility Over Job Hopping

U.S. Workforce Prioritizing Flexibility Over Job Hopping

13 hours ago
WeWork Starts Default Countdown Clock As It Refuses To Make Interest Payments

WeWork Starts Default Countdown Clock As It Refuses To Make Interest Payments

13 hours ago

“Despite the political and economic uncertainties of Brexit, the flexible office market in Central London has been thriving. Throughout 2019 we have seen sharp increases in supply and demand, the report shows that a new Central London flex space was added to our portfolio every 1.7 days last year,” says Richard Smith, CEO and Founder Office Freedom.

Subscribe to Allwork.Space
Allwork.Space - Press

Allwork.Space - Press

Allwork.Space is committed to sharing news, updates and developments from flexible workspace owners, operators and suppliers across the globe.

No Result
View All Result
Survey

Latest News

Employee Monitoring Raises Ethical Questions, New Advisory In U.K.

Employee Monitoring Raises Ethical Questions, New Advisory In U.K.

October 3, 2023
U.S. Workforce Prioritizing Flexibility Over Job Hopping

U.S. Workforce Prioritizing Flexibility Over Job Hopping

October 3, 2023
WeWork Starts Default Countdown Clock As It Refuses To Make Interest Payments

WeWork Starts Default Countdown Clock As It Refuses To Make Interest Payments

October 3, 2023
Alliance Virtual Offices Enters Inc. 5000 List of Fastest-Growing Companies 2023

Alliance Virtual Offices Enters Inc. 5000 List of Fastest-Growing Companies 2023

October 3, 2023
Retirement Realities Around The World: Exploring The Gap Between Official And Actual Retirement Ages

Retirement Realities Around The World: Exploring The Gap Between Official And Actual Retirement Ages

October 2, 2023
Meta’s Return-to-Office Fiasco: Hybrid Work Causes Confusion, Challenges

Meta’s Return-to-Office Fiasco: Hybrid Work Causes Confusion, Challenges

October 2, 2023

News and Features

Business

Tech

Marketing

Design

Work-life

CRE

Coworking

Workforce

Daily Digest

Podcast

Resources

Marketplace

Events

Press Releases

FlexSpace, Coworking
and Office Space

Los Angeles

New York

Chicago

Washington, D.C.

Houston

Dallas

Miami

San Francisco

Atlanta

Philadelphia

Seattle

Austin

Company

About Us

Submit to Allwork.Space

Contact

Advertise

FlexSpace

Terms Of Use

FlexSpace FAQs

Privacy Policy

Connect with Allwork.Space

Twitter

Linkedin

Facebook

Instagram

YouTube

Apple Podcasts

Spotify

Google Podcasts

©2023 Allwork.Space  l  Exploring the FUTURE OF WORK® since 2003.

No Result
View All Result
  • Home
  • News
  • Topics
    • Business
    • Leadership
    • Work-life
    • Workforce
    • Career Growth
    • Design
    • Tech
    • Coworking
    • Marketing
    • CRE
  • Experts
    • Podcast
    • Opinions
  • Resources
    • Research + Reports
    • Marketplace
    • Find Office Space
    • Find Remote Jobs
    • Press
  • Events
  • About Us
    • Advertise
    • Submit to Allwork.Space
    • Contact
Subscribe

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00