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Nexudus - Tech Stack Lovers
Home News

UK Flexible Office Market Falls Behind In Europe

Aayat AlibyAayat Ali
August 18, 2020
in News
Reading Time: 1 min read
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Workers in the UK are returning to flexible offices more slowly than other European countries according to a survey from Workthere.

The findings reveal that occupancy rates in UK flexible workspaces are at 23% compared to 35% in Spain, 43% in Ireland, 55% in Germany and 57% in the Netherlands.

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Workthere’s survey also revealed that the flexible office sector in the UK fell behind its European counterparts in other ways. For instance, the UK has the highest nonrenewal rate in the continent at 19%, while 35% requested rent relief.

However, UK operators are expected to see an occupancy rate of 71% by the end of this month, which is the second highest in Europe following the Netherlands at 74%.

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Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

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