The UK’s flexible workspace market has never been more vibrant, writes Douglas Green, director at GKRE. Annual growth is at double-digit levels and is projected to remain so for at least the next five years.
I expect a feature of 2019 to be the increasing involvement of property owners in the flexible workplace market. Landsec and Legal & General are the latest property owners to launch flexi offerings, following British Land and The Crown Estate into this growing sector.
The UK’s flexible workspace sector has had an exciting year. Growth has continued at double-digit rates, new operators as well as new entrants such as financial institutions and funds have emerged all with sharply different offers. All this has combined to significantly reshape the flexible office market but we expect even more change to come – here are five predictions for 2019
As landlords increasingly embrace flexible platforms, Douglas Green at GKRE has some advice on the opportunities and pitfall
“Changes to Entrepreneurs’ Relief will impact sales of flexible workspace operations” – Douglas Green
This year’s Budget saw a small but potentially significant change to Entrepreneurs’ Relief (ER) that may have a bigger impact on flexible workspace (FW) business owners than they realise.
Sale price raises questions about values in the sector
Management agreements offer property owners the best opportunity to get involved in the flexible workspace market.
GKRE Director, Douglas Green gives his thoughts on property owners partnering with flexible workspace operators to enter the ever growing market.
“For property owners and flexible workspace operators, the shared revenue model will be one model among many” – Social Workplaces interview
SocialWorkplaces.com interview GKRE Director, Will Kinnear on his thoughts on the flexible workspace sector.
As new entrants from a broad variety of industries flood the co-working market, how is it set to transform?
The Crown Estate is latest landlord to launch serviced office brand as occupiers seek more flexibility.
Serviced office provider acquires Basepoint Business Centres as it takes fight to new workspace operators.
GKRE Director Douglas Green was lucky enough to win a flight in a Spitfire at last year’s EG awards
The flexible office market is getting more competitive by the day, so keeping customers happy once you have them is crucial. GKRE spoke to Valerie Merrill of Merrill Consultants to discuss the training programmes she runs for serviced office operators.
Landlords are embracing serviced office space, either by doing it themselves or bringing in an operator.
There has never been a better time to offer flexible workspace. We set out the essential factors operators need to know.
For an assessment of the revaluation that comes into force in April next year and their impact on the flexible workspace sector, we spoke to GKRE’s business rates consultant Ian Tanner.
GKRE’s own Douglas Green was recently interviewed by Landmark Plc regarding the consolidation within the serviced office and flexible workspace sector
“The real estate sector needs to look at the rise of flexible space as a complementary part of its offering.”
Social Workplaces blog with Will Kinnear
In a market characterised by scale-backs, flexible space becomes a hedge, said market experts at a Regus roundtable event covering the prospects for the serviced offices sector.
A Property Week article of 22nd January 2016 regarding the changes to legislation affecting the way that leases are reflected on the balance sheet, has the potential for unintended consequences which could have a dramatic impact on the commercial market.