• Marketplace
  • Resources
  • Business Directory
  • Events
  • Advertise
  • Brand Pulse
  • Publish a Press Release
  • Get the Newsletter
  • Contact
  • About Us
The FUTURE OF WORK® since 2003
Allwork.Space
No Result
View All Result
Subscribe
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
No Result
View All Result
Subscribe
Allwork.Space
No Result
View All Result
Advertisements
Maximize Flexible Space Revenue
Home News Coworking

UK’s Flexible Workspaces Are Leaving Traditional Offices In The Dust

Nearly half, or 42%, of flexible workspaces in the UK are reporting a 90% occupancy.

Dominic CatacorabyDominic Catacora
May 12, 2023
in Coworking
Reading Time: 2 mins read
A A
UK's Flexible Workspaces Are Leaving Traditional Offices In The Dust
Advertisements
Kube Suite

More stories for you

Masculinity At Work Why Men Refusing To Ask For Help Is An Actual Crisis For The Future Of Work

Masculinity At Work: Why Men Refusing To Ask For Help Is An Actual Crisis For The Future Of Work

6 hours ago
Work-related pessimism brings cascading problems. Getty Images. Fortune via Reuters Connect

Toxic Triple Threat Of Pessimism, Uncertainty, And Disconnect Is Crushing The Workforce

2 days ago
SoftBank’s Masayoshi Son Pitches $1 Trillion U.S. AI And Robotics Hub In Arizona

SoftBank’s Masayoshi Son Pitches $1 Trillion U.S. AI And Robotics Hub In Arizona

2 days ago
3 Essential Tips To Stay Focused And Avoid Burnout In Your First Month At Work

3 Essential Tips To Stay Focused And Avoid Burnout In Your First Month At Work

2 days ago

What’s going on:      

The flexible workspace sector in the UK is experiencing record-high occupancy levels, outperforming the traditional office market, according to research results published by The Instant Group.  

The data from the study reveals that overall occupancy in flexible workspaces across the UK has reached 83%, with nearly half (42%) of spaces reporting 90% occupancy. In London, occupancy rates are even higher at 84%, driven by sectors like financial services that have historically favored traditional office leases.  

Advertisements
Nexudus - Tech Stack Lovers

Why it matters:         

The growing demand for flexible workspaces presents a substantial market opportunity for office owners and investors to diversify their property assets.  

How it’ll impact the future:          

As more businesses recognize the benefits of flexible workspaces, and remote and hybrid work continues to climb in popularity, the trend can be expected to continue. This could potentially lead to rapid innovation in workspace design, amenities, and services. 

Advertisements
Nexudus - Tech Stack Lovers

The surge in UK occupancy rates showcases the increasing importance of adaptability for businesses. The growing demand for flexible workspaces also presents a substantial market opportunity for office owners, investors, and operators to diversify their assets. Opportunities are being presented to commercial realtors to expand their offerings to capture this rising demand. 

This shift may also influence the way companies approach talent acquisition and retention, as employees increasingly value flexibility and adaptability in their work environments.

Advertisements
Subscribe to the Future of Work Newsletter
Source: The Instant Group
Tags: CoworkingDigital NomadsFUTURE OF WORK®Workforce
Share5Tweet3Share1
Dominic Catacora

Dominic Catacora

Dominic Catacora is a Staff Writer for Allwork.space. He is based in Pittsburgh, PA. He graduated from Radford University in 2017 with a Bachelor of Science degree in Media Studies - Journalism. He has previously covered the Historic Triangle as a journalist living in Williamsburg, Va, and is now focused on writing related to the future of work.

Other Stories Recommended For You

Masculinity At Work Why Men Refusing To Ask For Help Is An Actual Crisis For The Future Of Work
Work-life

Masculinity At Work: Why Men Refusing To Ask For Help Is An Actual Crisis For The Future Of Work

bySheya Michaelides
6 hours ago

Supporting men’s mental health at work requires cultural and systems change.

Read more
Work-related pessimism brings cascading problems. Getty Images. Fortune via Reuters Connect

Toxic Triple Threat Of Pessimism, Uncertainty, And Disconnect Is Crushing The Workforce

2 days ago
SoftBank’s Masayoshi Son Pitches $1 Trillion U.S. AI And Robotics Hub In Arizona

SoftBank’s Masayoshi Son Pitches $1 Trillion U.S. AI And Robotics Hub In Arizona

2 days ago
3 Essential Tips To Stay Focused And Avoid Burnout In Your First Month At Work

3 Essential Tips To Stay Focused And Avoid Burnout In Your First Month At Work

2 days ago
Advertisements
Maximize Flexible Space Revenue
Advertisements
Drive Virtual Office Revenue

Unlock your competitive edge in tomorrow's workplace.

Join a community of forward-thinking professionals who get exclusive access to the latest news, trends, and innovations that are shaping the future of work.

©2024 Allwork.Space News Corporation. All Rights Reserved.

Exploring the Future Of Work® since 2003.

Advertise   Newsletters   Privacy Policy   Terms Of Use   About Us   Contact   Submit a Press Release   Brand Pulse   Podcast   Events   

No Result
View All Result
  • Home
  • Latest News
  • Topics
    • Business
    • Leadership
    • Work-life
    • Workforce
    • Career Growth
    • Design
    • Tech
    • Coworking
    • Marketing
    • CRE
  • Podcast
  • Events
  • About Us
  • Solutions
    • Advertise | Media Kit
    • Publish a Press Release
    • Brand Pulse
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