Major flexible workspace deals in Central London UK 2018

Flexible office space, also referred to as coworking space or shared office space, refers to commercial office space that allows short-term leases to individuals, freelancers, small and medium enterprises, and other professionals. In contrast to traditional offices, flexible offices provide equipped and serviced office premises without long-term rent commitment. Multiple factors influence the increasing demand for flexible office space, such as economic growth, job creation, innovation and property market fundamentals. In 2018, the global coworking giant WeWork played a major role on the flexible workspace market in Central London with deals exceeding 62.4 thousand square meters. One of the biggest deals outside of London was also a leasing by WeWork.