Flex workspace operator who pride themselves on providing boutique, design-led, unbranded, serviced office space in and around central London.
Flex workspace operator who pride themselves on providing boutique, design-led, unbranded, serviced office space in and around central London.
5 Results
Elliot Gold (from Work.Life) shared about the formation of the Workspace Intelligence Network as an operator-led initiative to share data to form collective knowledge to drive growth. In short: data-sharing and anonymous benchmarking, without expensive intermediaries.
The other founding members include Office Space In Town, techspace, The Boutique Workplace Company, Canvas, Orega, Runway East, Spacemade, Uncommon, x+why, The Arterial Group and the Workpad Group.
💬 Discuss this · 🔗 Direct Link · ⏱️ 2 days ago · 📩 Week 45, 2024 · 📰 News & Views
CoworkingCafe just released their quarterly report on the state of the coworking in the United Kingdom and Ireland.
In it they share that the region now boasts 3,089 locations (2,718 in England, 202 in Scotland, 105 in Wales and 64 in Northern Ireland). Greater London still leads by size with 887 spaces, followed by Manchester with 74 hubs.
The national median price for dedicated desks sits at £210, with Brighton and Hove holding the highest median price at £310, and Newcastle and Sheffield at the other end of the price spectrum at £189. Open space median prices are £160 (£245 in Greater London). VO are £50 per month nationally, while Greater London has the highest median price at £100. Meeting rooms are listed at a median hourly rate of £25 at the national level, reaching as high as £46 / hour in Greater London.
Regus leads the pack regionally with 195 coworking spaces throughout the UK (with less than half of its national portfolio is concentrated within the 15 busiest coworking markets). Fora comes in second with 66 spaces nationally, 64 of which are concentrated in the top 15 markets – particularly London. With a similar distribution pattern, 55 out of Workspace Group’s portfolio of 57 coworking locations, are in the top 15 cities, predominantly in the London area. The Boutique Workplace Company comes in fourth with 40 and Spaces rounds out the top 5 with 39 coworking spaces.
Ireland has a total of 234 coworking spaces, almost half of which can be found in Dublin – 116. The top three operators in Dublin are Pembr, which has 18 coworking spaces, Iconic Offices with 12 spaces and Regus with 9 spaces.
💬 Discuss this · 🔗 Direct Link · ⏱️ 2 days ago · 📩 Week 45, 2024 · 📈 Data
Danielle Jones shared some snaps of The Boutique Workplace Company‘s new offering, their first in the City of London. The space, set to open in October, will offer private suites for 2-50 people.
Previously this location used to be the home of Bathtub to Boardroom (a non-profit coworking space) and Escape the City .
💬 Discuss this · 🔗 Direct Link · ⏱️ 84 days ago · 📩 Week 33, 2024 · 🤝 Market Moves
CoworkingCafe‘s newly released quarterly report shows the state of the coworking industry in the United Kingdom and Ireland.
In summary, the UK has 2,806 coworking spaces and Ireland has 210. Breaking those numbers down more, 2,460 are in England, 188 in Scotland, 102 in Wales, 56 in Norther Ireland. Digging deeper Greater London is the coworking capital with 788 spaces, Dublin boasts 101, and they’re followed by Manchester with 69.
In the UK, the national median price for a dedicated desk is £215p/m (£310 in Brighton and Hove), open workspaces £155 p/m (£250 in G.London), virtual offices £40p/m (£99 in G.London) and meeting rooms £25 p/h (£45 in G.London).
Within the top 15 UK cities, Fora runs 60 spaces, Workspace Group runs 55, The Boutique Workplace Company runs 38, WeWork 37 and Landmark 35.
In Ireland, the median dedicated desk price is €299p/m in Dublin (€280 nationally), open workspace desks €200p/m and virtual offices for €50 p/m (both nationally and in Dublin). Meeting rooms in Dublin come in at €44p/h compared to the national median price of €37.
The top three operators in Dublin are Pembr, which has 18 coworking spaces, Iconic Offices with 12 spaces and Workhub with 6 spaces.
💬 Discuss this · 🔗 Direct Link · ⏱️ 92 days ago · 📩 Week 32, 2024 · 📈 Data
Daniel Wheble asks if management agreements (and therefor landlord partnerships) are the future of flexspace deal structure. Although not new, there was a 4x uptake of management agreements in 2022 compared to the year prior, according to data from Workthere.
Hidden within the post is another popular, but often unsung, strategy of ‘structure duality’, in which The Boutique Workplace Company leverages both traditional leases and management agreements to operate a diverse range of properties. This duality is something I’m watching closely and can’t wait to dig into deeper as an undercurrent trend here in the newsletter and on the podcast.
💬 Discuss this · 🔗 Direct Link · ⏱️ 503 days ago · 📩 Week 26, 2023 · 📰 News & Views
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