WeWork says occupancy across several of its largest European markets has climbed to its highest levels since before the pandemic, signaling continued demand for flexible workspaces despite ongoing challenges in the broader office sector.
According to the company, occupancy has reached 84% in Paris, its strongest performance there since before COVID-19. Other major markets are performing even better, including Madrid (85%), Brussels (89%), Milan (94%), Munich (95%), and Lisbon, where available space is fully occupied, according to Coworking Europe.
Major Cities Lead the Recovery
The strongest occupancy gains are concentrated in Europe’s largest business hubs, where companies continue to refine hybrid work strategies. Many employers are pairing traditional office space with flexible workspace to give employees greater flexibility while avoiding long-term lease commitments.
The results suggest demand remains strongest for high-quality workspace in central business districts, even as many conventional office markets continue to face elevated vacancy.
Experience Becomes a Competitive Advantage
WeWork says companies are looking beyond flexibility alone when choosing office space. Amenities, hospitality, and the overall workplace experience are becoming increasingly important as organizations use offices to support collaboration, company culture, and team engagement.
The company has also narrowed its focus following its restructuring, concentrating on high-performing locations in major cities. Paris, where WeWork entered the market in 2016, remains one of its largest European operations.
The latest occupancy figures indicate that demand has recovered strongly across many of the company’s core European locations as businesses continue adopting more flexible workplace strategies.
