Coworking Europe reports that Industrious is expanding in Europe with a new flexible workspace opening this summer at OSMO, an 11-story building in Battersea, south-west London, developed by Quadrant Estates.

The site offers about 2,700 sqm of coworking, private offices, and enterprise suites across two floors. This follows recent Industrious launches in Frankfurt and Berlin, bringing its UK total to 10 locations.

Billy Hodges and Holly Bailey shared CBRE‘s London Flex Market Update report for Q1 2026 that shows tenant demand is up sharply, with flex requirements rising 40%, and 43% of transactions coming from TMT (tech, media, and telecom) clients, mostly AI-driven companies looking for smaller, agile spaces near major transport hubs.

Prime flex office rates are up roughly 10% across core submarkets, with operators like Runway East and Industrious expanding into high-quality West End locations, while landlords like Yoo Capital are increasingly partnering with flex operators rather than leasing to traditional tenants. CBRE expects 2026 to be a record year for flex transactions, driven by a tight development pipeline, fast-growing AI companies, and a maturing flex market that now supports longer-term occupier commitments.

Ralph Dorey (MD at beem, prev. MD, UK at Industrious) breaks through some of the confusion landlords, agents, brokers and end-users have around what "managed offices" actually mean, and why they can range in prices.

An underlying message is ‘tiers’ of service and quality. Another call for even more taxonomy and categorization, given that managed offices could be seen by many (like myself) as a SKU of coworking products._