The UK’s burgeoning shared-office market is being fueled by corporate demand

The UK’s burgeoning shared-office market is being fueled by corporate demand and smaller niche providers, with larger brands accounting for less than a fifth of the market, research has revealed. A newly published report shows that flexible office centres across the UK increased by 10% to 5,320 in 2017, helped in part by a 4.9% increase in the total number of operators during the period to more than 2,800 companies. In London, Regus held 8%, WS Group was 6%, London Executive Offices (LEO) was 3%, The Office Group (TOG) was 2%, The Boutique had a 2% share and WeWork had 2%, with the other providers accounting for 77%.

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