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.

Brendan Sullivan of CBRE highlights West House, a new coworking lounge at 66 Bathurst in Toronto, tailored for hybrid teams.

The space is in a Hines-built building.

Gentry Long steps into the role of President at Industrious as Anna Levine moves into a new role within CBRE.

CBRE have shared their annual Dublin Flexible Office Market report.

Flex now accounts for 3.2% of Dublin office stock (up from 2.5%) with rev-share and management agreements increasingly common. Coverage spans 1.7M sqft, with a reported 90% occupancy, with average term of 18-24 months.

Thanks Billy Hodges and Megan Burke for sharing this with us.

In another show of transparency, Kane Willmott shares just what % of broker introductions to iQ Offices came from each firm.

Their Top 5? CBRE, Avison Young, JLL, Colliers and Cushman & Wakefield. What’s yours? If you share, please do ping us the link.