• 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
Kube Suite - TL
Home News

Flexible Office Market Thriving Despite Shadow Of WeWork’s Fiasco

Despite WeWork moving forward with bankruptcy proceedings, the flexible office space industry consistently shows signs of growth.

Dominic CatacorabyDominic Catacora
November 21, 2023
in News
Reading Time: 2 mins read
A A
Flexible Office Market Thriving Despite Shadow Of WeWork's Fiasco

More stories for you

IWG Partners With SmartLabs To Bring Flexible, Fully Managed Labs To Global R&D Markets

IWG Partners With SmartLabs To Bring Flexible, Fully Managed Labs To Global R&D Markets

2 days ago
Stanford economist Nick Bloom says remote work has stabilized at 25%, and data shows hybrid models boost retention, profits, and performance when properly coordinated.

Remote Work Will Rise Again: What Nick Bloom’s Data Tells Us About The Future Of Work

2 days ago
Flexible Workspace Demand In U.S. And Canada Up 19%

Flexible Workspace Demand In U.S. And Canada Up 19%

3 days ago
Why Full Occupancy Is No Longer A Flexible Workspace Bragging Point

Why Full Occupancy Is No Longer A Flexible Workspace Bragging Point

1 week ago

The flexible office space industry is demonstrating resilience and growth in the face of changing work patterns and bankruptcy drama faced by WeWork.  

For example, Workspace, a leading provider of flexible office spaces in London, reported a notable increase in profits — with a trading profit up 6.1% from last year, according to an article published by CITY A.M.  

Advertisements
Maximize Flexible Space Revenue

Workspace’s success is not an isolated case. For instance, IWG, a major competitor in the flexible office space market, has been aggressively actively expanding its global footprintexpanding its global footprintexpanding its global footprint amid WeWork’s bankruptcy proceedings, adding over 600 locations this year, even buying up some of WeWork’s former locations.  

IWG is not the only WeWork competitor capitalizing on the industry giant’s fallout. Premier Workspaces recently announced that it is actively exploring opportunities to acquire coworking locations from landlords where WeWork is planning to exit leases amid the company’s bankruptcy proceedings. 

Advertisements
Nexudus - Tech Stack Lovers

The expansion and growth of these companies reflects that demand for flexible workspaces isn’t decreasing in the face of WeWork’s financial challenges. It shows how businesses and working professionals still recognize the value of having a physical office space — especially when those spaces offer greater flexibility and room for collaboration.  

While traditional office models may be under pressure, with landlords encountering high office vacancy rates, the demand for adaptable, short-term, and versatile office solutions is growing.  

Advertisements
Subscribe to the Future of Work Newsletter
Source: UK Finance Yahoo
Tags: CREHybrid WorkInvestment
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

IWG Partners With SmartLabs To Bring Flexible, Fully Managed Labs To Global R&D Markets
News

IWG Partners With SmartLabs To Bring Flexible, Fully Managed Labs To Global R&D Markets

byAllwork.Space News Team
2 days ago

SmartLabs and International Workplace Group (IWG) have formed a 10-year global partnership to deliver flexible, fully managed laboratory spaces in...

Read more
Stanford economist Nick Bloom says remote work has stabilized at 25%, and data shows hybrid models boost retention, profits, and performance when properly coordinated.

Remote Work Will Rise Again: What Nick Bloom’s Data Tells Us About The Future Of Work

2 days ago
Flexible Workspace Demand In U.S. And Canada Up 19%

Flexible Workspace Demand In U.S. And Canada Up 19%

3 days ago
Why Full Occupancy Is No Longer A Flexible Workspace Bragging Point

Why Full Occupancy Is No Longer A Flexible Workspace Bragging Point

1 week ago
Advertisements
Yardi Kube automates flex and coworking operations
Advertisements
Disaster Avoidance Experts

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