All Flexible workspaces articles
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NewsAll eyes are on Asian flex markets for a sign of what’s to come here
Confidence begins to return in China as European and Northern American operators start to feel the strain.
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Online
Office sector will weather pinch on co-working occupiers, analysis finds
The stress co-working and flexible offices are feeling from population lockdowns ha not seeped into the broader office market yet, according to a new analysis by independent economic research firm Capital Economics.
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Online
Flexible workspace bosses ask for business rates relief to save ‘hundreds’ of operators
The heads of more than 30 flexible workspace businesses have written to chancellor Rishi Sunak warning “hundreds” of operators could go under because of declining membership in light of the Covid-19 outbreak.
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Online
Knotel makes drastic staff cuts
WeWork rival Knotel has made 30% of its workforce redundant and furloughed another 20%, becoming the latest venture capital-backed real estate firm to bow to the impact of Covid-19.
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Online
WeWork burns through cash, doesn’t expect to hit 2020 targets with coronavirus pandemic
On Thursday WeWork said it burned through $1.4bn in cash at the end of 2019 and that it doesn’t expect to reach its targets due to the coronavirus pandemic.
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Online
Ringley launches white label co-working platform Busy Living
Property manager Ringley is venturing into commercial proptech by launching a white label flexible office management platform called Busy Living at its new co-working space in Camden.
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Markets
Myo boss outlines its bold plans for growth
Oliver Knight tells Rob Brown how Landsec’s flex office brand plans to expand in the next five years and how it is different from other providers
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Markets
Agents versus flexible operators
Do the agents have what it takes to compete with established flexible operators?
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Online
Flexible workspaces will weather coronavirus crisis, says proptech platform essensys
Flexible workspace proptech platform essensys said the firm and the entire flex sector are well positioned to weather the coronavirus pandemic as it issued a market and trading update on Tuesday.
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Online
Covid-19: Serviced office and co-working transactions in London dip 90%
Co-working and serviced office operators are resorting to discounts and rent-free periods after seeing transactions slump by around 90% in London since the Covid-19 outbreak.
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Online
Covid-19: IWG cancels dividend as pressure grows to close more flexible office centres
Flexible office group IWG has cancelled its dividend payout to investors as it attempts to mitigate the impact of the Covid-19 outbreak.
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News
Flex office operators ’facing similar battles to retailers’
Operators say they could be just as badly affected as retail and leisure companies by fallout from coronavirus
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Online
Hana signs up for flexible workspace in Manchester
CBRE’s flexible workspace group Hana is set to open its first location outside London following a deal to take space at Fore Partnership’s Windmill Green building in Manchester’s city centre.
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News
Founders of Kontor map out its future
James Townsend and Luke Appleby talk to Simon Creasey about their global expansion plans and the challenges of being a start-up consultancy in the US.
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Online
IWG posts record annual profit
Serviced office group IWG has posted a record annual profit on the back of a 15 per cent rise in revenue during 2019.
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News
Knotel will consider IPO after next fundraising round
Knotel co-founder and chairman Edward Shenderovich has indicated that the flexible officer provider will consider a stock market listing after its next fundraising.
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News
Leeds bucks fall in flexible office rates across ‘big six’ locations
Leeds is the only city in the UK’s big six that has witnessed a rise in flexible office desk rates in the past year, reveals new data from serviced office search engine Free Office Finder.
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News
Knotel says London revenues will rise from $50m to $1bn
Flex office firm’s co-founder has big plans for London but has slowed pace of growth in wake of WeWork woes
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News
Moorgarth lets 14,000 sq ft of flexible workspace at Broad Street Mall
Asset manager Moorgarth has let 14,000 sq ft of space at Broad Street Mall in Reading to flexible workspace operator Co-Space on a 10-year lease.
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Online
Clockwise Offices opening 25,000 sq ft flex space in Edinburgh’s Leith waterfront
Flexible workspace provider Clockwise Offices is opening a 354-desk location in Edinburgh’s Leith waterfront this spring.
