{"id":13048,"date":"2019-09-25T17:10:00","date_gmt":"2019-09-25T17:10:00","guid":{"rendered":"https:\/\/www.instantoffices.com\/blog\/?p=13048"},"modified":"2020-04-30T10:52:27","modified_gmt":"2020-04-30T10:52:27","slug":"uk-market-summary-2019","status":"publish","type":"post","link":"https:\/\/www.instantoffices.com\/blog\/featured\/uk-market-summary-2019\/","title":{"rendered":"UK Market Summary: Flex is Leading the Way"},"content":{"rendered":"<p><strong>Instant\u2019s latest research explores the continued growth and evolution of flex space in the UK.<\/strong><\/p>\n<p>Flexible workspace has contributed to 35% of commercial property transactions over the past 12 months in London, despite only making up 6% of total office supply.<\/p>\n<p>There are now 6,075 flex space centres across the UK, having grown 7% over the last six months alone. In total, flex space (coworking, serviced offices and hybrid centres that offer both private offices and shared working) amounts to more than 85 million square feet of the UK office market.<\/p>\n<h2 style=\"text-align: center;\"><strong><span style=\"color: #b4d335;\">Download the Report<\/span><\/strong><\/h2>\n\n<div class=\"wpcf7 no-js\" id=\"wpcf7-f13053-o1\" lang=\"en-GB\" dir=\"ltr\">\n<div class=\"screen-reader-response\"><p role=\"status\" aria-live=\"polite\" aria-atomic=\"true\"><\/p> <ul><\/ul><\/div>\n<form action=\"\/wp-json\/wp\/v2\/posts\/13048#wpcf7-f13053-o1\" method=\"post\" class=\"wpcf7-form init cf7skins cf7s-caspar\" aria-label=\"Contact form\" novalidate=\"novalidate\" data-status=\"init\">\n<div style=\"display: none;\">\n<input type=\"hidden\" name=\"_wpcf7\" value=\"13053\" \/>\n<input type=\"hidden\" name=\"_wpcf7_version\" value=\"5.9.7\" \/>\n<input type=\"hidden\" name=\"_wpcf7_locale\" value=\"en_GB\" \/>\n<input type=\"hidden\" name=\"_wpcf7_unit_tag\" value=\"wpcf7-f13053-o1\" \/>\n<input type=\"hidden\" name=\"_wpcf7_container_post\" value=\"0\" \/>\n<input type=\"hidden\" name=\"_wpcf7_posted_data_hash\" value=\"\" \/>\n<\/div>\nName\n<span class=\"wpcf7-form-control-wrap\" data-name=\"YourName\"><input size=\"40\" maxlength=\"400\" class=\"wpcf7-form-control wpcf7-text wpcf7-validates-as-required\" aria-required=\"true\" aria-invalid=\"false\" value=\"\" type=\"text\" name=\"YourName\" \/><\/span>\n\nJob Title\n<span class=\"wpcf7-form-control-wrap\" data-name=\"JobTitle\"><input size=\"40\" maxlength=\"400\" class=\"wpcf7-form-control wpcf7-text wpcf7-validates-as-required\" aria-required=\"true\" aria-invalid=\"false\" value=\"\" type=\"text\" name=\"JobTitle\" \/><\/span>\n\nEmail Address\n<span class=\"wpcf7-form-control-wrap\" data-name=\"YourEmail\"><input size=\"40\" maxlength=\"400\" class=\"wpcf7-form-control wpcf7-email wpcf7-validates-as-required wpcf7-text wpcf7-validates-as-email\" aria-required=\"true\" 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value=\"Armenia\">Armenia<\/option><option value=\"Australia\">Australia<\/option><option value=\"Austria\">Austria<\/option><option value=\"Azerbaijan\">Azerbaijan<\/option><option value=\"Bahamas\">Bahamas<\/option><option value=\"Bahrain\">Bahrain<\/option><option value=\"Bangladesh\">Bangladesh<\/option><option value=\"Barbados\">Barbados<\/option><option value=\"Belarus\">Belarus<\/option><option value=\"Belgium\">Belgium<\/option><option value=\"Belize\">Belize<\/option><option value=\"Benin\">Benin<\/option><option value=\"Bhutan\">Bhutan<\/option><option value=\"Bolivia\">Bolivia<\/option><option value=\"Bosnia Herzegovina\">Bosnia Herzegovina<\/option><option value=\"Botswana\">Botswana<\/option><option value=\"Brazil\">Brazil<\/option><option value=\"Brunei\">Brunei<\/option><option value=\"Bulgaria\">Bulgaria<\/option><option value=\"Burkina\">Burkina<\/option><option value=\"Burundi\">Burundi<\/option><option value=\"Cambodia\">Cambodia<\/option><option value=\"Cameroon\">Cameroon<\/option><option value=\"Canada\">Canada<\/option><option value=\"Cape Verde\">Cape Verde<\/option><option value=\"Central African Rep\">Central African Rep<\/option><option value=\"Chad\">Chad<\/option><option value=\"Chile\">Chile<\/option><option value=\"China\">China<\/option><option value=\"Colombia\">Colombia<\/option><option value=\"Comoros\">Comoros<\/option><option value=\"Congo\">Congo<\/option><option value=\"Congo {Democratic Rep}\">Congo {Democratic Rep}<\/option><option value=\"Costa Rica\">Costa Rica<\/option><option value=\"Croatia\">Croatia<\/option><option value=\"Cuba\">Cuba<\/option><option value=\"Cyprus\">Cyprus<\/option><option value=\"Czech Republic\">Czech Republic<\/option><option value=\"Denmark\">Denmark<\/option><option value=\"Djibouti\">Djibouti<\/option><option value=\"Dominica\">Dominica<\/option><option value=\"Dominican Republic\">Dominican Republic<\/option><option value=\"East Timor\">East Timor<\/option><option value=\"Ecuador\">Ecuador<\/option><option value=\"Egypt\">Egypt<\/option><option value=\"El Salvador\">El Salvador<\/option><option value=\"Equatorial Guinea\">Equatorial Guinea<\/option><option value=\"Eritrea\">Eritrea<\/option><option value=\"Estonia\">Estonia<\/option><option value=\"Ethiopia\">Ethiopia<\/option><option value=\"Fiji\">Fiji<\/option><option value=\"Finland\">Finland<\/option><option value=\"France\">France<\/option><option value=\"Gabon\">Gabon<\/option><option value=\"Gambia\">Gambia<\/option><option value=\"Georgia\">Georgia<\/option><option value=\"Germany\">Germany<\/option><option value=\"Ghana\">Ghana<\/option><option value=\"Greece\">Greece<\/option><option value=\"Grenada\">Grenada<\/option><option value=\"Guatemala\">Guatemala<\/option><option value=\"Guinea\">Guinea<\/option><option value=\"Guinea-Bissau\">Guinea-Bissau<\/option><option value=\"Guyana\">Guyana<\/option><option value=\"Haiti\">Haiti<\/option><option value=\"Honduras\">Honduras<\/option><option value=\"Hungary\">Hungary<\/option><option value=\"Iceland\">Iceland<\/option><option value=\"India\">India<\/option><option value=\"Indonesia\">Indonesia<\/option><option value=\"Iran\">Iran<\/option><option value=\"Iraq\">Iraq<\/option><option value=\"Ireland {Republic}\">Ireland {Republic}<\/option><option value=\"Israel\">Israel<\/option><option value=\"Italy\">Italy<\/option><option value=\"Ivory Coast\">Ivory Coast<\/option><option value=\"Jamaica\">Jamaica<\/option><option value=\"Japan\">Japan<\/option><option value=\"Jordan\">Jordan<\/option><option value=\"Kazakhstan\">Kazakhstan<\/option><option value=\"Kenya\">Kenya<\/option><option value=\"Kiribati\">Kiribati<\/option><option value=\"Korea North\">Korea North<\/option><option value=\"Korea South\">Korea South<\/option><option value=\"Kosovo\">Kosovo<\/option><option value=\"Kuwait\">Kuwait<\/option><option value=\"Kyrgyzstan\">Kyrgyzstan<\/option><option value=\"Laos\">Laos<\/option><option value=\"Latvia\">Latvia<\/option><option value=\"Lebanon\">Lebanon<\/option><option value=\"Lesotho\">Lesotho<\/option><option value=\"Liberia\">Liberia<\/option><option value=\"Libya\">Libya<\/option><option value=\"Liechtenstein\">Liechtenstein<\/option><option value=\"Lithuania\">Lithuania<\/option><option value=\"Luxembourg\">Luxembourg<\/option><option value=\"Macedonia\">Macedonia<\/option><option value=\"Madagascar\">Madagascar<\/option><option value=\"Malawi\">Malawi<\/option><option value=\"Malaysia\">Malaysia<\/option><option value=\"Maldives\">Maldives<\/option><option value=\"Mali\">Mali<\/option><option value=\"Malta\">Malta<\/option><option value=\"Marshall Islands\">Marshall Islands<\/option><option value=\"Mauritania\">Mauritania<\/option><option value=\"Mauritius\">Mauritius<\/option><option value=\"Mexico\">Mexico<\/option><option value=\"Micronesia\">Micronesia<\/option><option value=\"Moldova\">Moldova<\/option><option 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value=\"Tunisia\">Tunisia<\/option><option value=\"Turkey\">Turkey<\/option><option value=\"Turkmenistan\">Turkmenistan<\/option><option value=\"Tuvalu\">Tuvalu<\/option><option value=\"Uganda\">Uganda<\/option><option value=\"Ukraine\">Ukraine<\/option><option value=\"United Arab Emirates\">United Arab Emirates<\/option><option value=\"United Kingdom\">United Kingdom<\/option><option value=\"United States\">United States<\/option><option value=\"Uruguay\">Uruguay<\/option><option value=\"Uzbekistan\">Uzbekistan<\/option><option value=\"Vanuatu\">Vanuatu<\/option><option value=\"Vatican City\">Vatican City<\/option><option value=\"Venezuela\">Venezuela<\/option><option value=\"Vietnam\">Vietnam<\/option><option value=\"Yemen\">Yemen<\/option><option value=\"Zambia\">Zambia<\/option><option value=\"Zimbabwe\">Zimbabwe<\/option><\/select><\/span>\n\n[recaptcha]\n\n<input class=\"wpcf7-form-control wpcf7-submit has-spinner\" type=\"submit\" value=\"Email Me the Report\" \/><div class=\"wpcf7-response-output\" aria-hidden=\"true\"><\/div>\n<\/form>\n<\/div>\n\n<h2><\/h2>\n<h2><strong><span style=\"color: #b4d335;\">The Year Flex Broke<\/span><\/strong><\/h2>\n<p>\u201cIt has been a remarkable year for flex space as we start to see a proliferation of choice, with client demand forcing operators and landlords to aggressively evolve their models to differentiate and specialise,\u201d explained John Duckworth, Managing Director for the Instant Group, UK and EMEA.<\/p>\n<p>\u201cWe have also seen how the sub-5000 sq ft leased market is being eroded by the flex sector. Vacancy rates in this critical element of the conventional office market are on the rise as clients seek flex alternatives. The outcome is an inexorable rise of hybrid flex \/ lease solutions, with landlords now having to move to cater for additional flex demand that has been impacting the high-volume, transactional element of their market.\u201d<\/p>\n<h2><span style=\"color: #b4d335;\"><strong>Highlights of the UK Market Summary<\/strong><\/span><\/h2>\n<ul>\n<li>Flex space made up 35% of transactions in the last 12 months<\/li>\n<li>The number of flex space centres in the UK has increased by 7% in just six months<\/li>\n<li>There are now 6,075 flex space centres across the UK<\/li>\n<li>There is now more sub-5000 sq ft of leased space available on the market than at any time since 2009<\/li>\n<li>Demand for 25+ desk requirements for flex space has increased by 25% in the Capital and 35% throughout the rest of the UK<\/li>\n<li>Despite the additional demand however, the market penetration of flexible workspace vs conventional space is still relatively small at just 4% of total office supply<\/li>\n<\/ul>\n<p class=\"alignnone\"><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-13050 aligncenter\" src=\"https:\/\/www.instantoffices.com\/blog\/wp-content\/uploads\/2019\/09\/UK-Flexible-Workspace-Market-Report-2019.jpg\" alt=\"UK Flexible Workspace Market Report 2019\" width=\"704\" height=\"704\" srcset=\"https:\/\/www.instantoffices.com\/blog\/wp-content\/uploads\/2019\/09\/UK-Flexible-Workspace-Market-Report-2019.jpg 1240w, https:\/\/www.instantoffices.com\/blog\/wp-content\/uploads\/2019\/09\/UK-Flexible-Workspace-Market-Report-2019-150x150.jpg 150w, https:\/\/www.instantoffices.com\/blog\/wp-content\/uploads\/2019\/09\/UK-Flexible-Workspace-Market-Report-2019-300x300.jpg 300w, https:\/\/www.instantoffices.com\/blog\/wp-content\/uploads\/2019\/09\/UK-Flexible-Workspace-Market-Report-2019-768x768.jpg 768w, https:\/\/www.instantoffices.com\/blog\/wp-content\/uploads\/2019\/09\/UK-Flexible-Workspace-Market-Report-2019-1024x1024.jpg 1024w, https:\/\/www.instantoffices.com\/blog\/wp-content\/uploads\/2019\/09\/UK-Flexible-Workspace-Market-Report-2019-109x109.jpg 109w, https:\/\/www.instantoffices.com\/blog\/wp-content\/uploads\/2019\/09\/UK-Flexible-Workspace-Market-Report-2019-100x100.jpg 100w\" sizes=\"(max-width: 704px) 100vw, 704px\" \/>Download the UK Market Summary report to get the latest supply and demand data, industry trends and market forecasts, as well as market insights from leading operators.<\/p>\n<p>&nbsp;<\/p>\n<div style=\"background-color: #b3d334; padding: 20px 0;\">\n<h2 style=\"text-align: center; margin-bottom: 0;\"><strong>Looking for Office Space?<\/strong><\/h2>\n<p style=\"text-align: center; margin-top: 0;\"><span style=\"color: #000000;\">We Operate in Some of the World&#8217;s Top Cities:<\/span><\/p>\n<p style=\"text-align: center;\"><a style=\"color: #3366ff;\" href=\"http:\/\/www.instantoffices.com\/en\/gb\/office-space\/london\">London<\/a>, <a style=\"color: #3366ff;\" href=\"http:\/\/www.instantoffices.com\/en\/us\/office-space\/new-york-city\">New York<\/a>, <a style=\"color: #3366ff;\" href=\"http:\/\/www.instantoffices.com\/en\/us\/office-space\/san-francisco\">San Francisco<\/a>, <a style=\"color: #3366ff;\" href=\"http:\/\/www.instantoffices.com\/en\/fr\/office-space\/paris\">Paris<\/a>, <a style=\"color: #3366ff;\" href=\"http:\/\/www.instantoffices.com\/en\/sg\/office-space\/singapore\">Singapore<\/a>, <a style=\"color: #3366ff;\" href=\"http:\/\/www.instantoffices.com\/en\/hk\/office-space\/hong-kong\">Hong Kong<\/a>,<br \/>\n<a style=\"color: #3366ff;\" href=\"http:\/\/www.instantoffices.com\">Search more locations<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Instant\u2019s latest research explores the continued growth and evolution of flex space in the UK. Flexible workspace has contributed to 35% of commercial property transactions over the past 12 months in London, despite only making up 6% of total office supply. There are now 6,075 flex space centres across the UK, having grown 7% over the last six months alone. In total, flex space (coworking, serviced offices and hybrid centres that offer both private offices and shared working) amounts to more than 85 million square feet of the UK office market. Download the Report The Year Flex Broke \u201cIt has been a remarkable year for flex space as we start to see a proliferation of choice, with client demand forcing operators and landlords to aggressively evolve their models to differentiate and specialise,\u201d explained John Duckworth, Managing Director for the Instant Group, UK and EMEA. \u201cWe have also seen how the sub-5000 sq ft leased market is being eroded by the flex sector. Vacancy rates in this critical element of the conventional office market are on the rise as clients seek flex alternatives. The outcome is an inexorable rise of hybrid flex \/ lease solutions, with landlords now having to move to cater for additional flex demand that has been impacting the high-volume, transactional element of their market.\u201d Highlights of the UK Market Summary Flex space made up 35% of transactions in the last 12 months The number of flex space centres in the UK has increased by 7% in just six months There are now 6,075 flex space centres across the UK There is now more sub-5000 sq ft of leased space available on the market than at any time since 2009 Demand for 25+ desk requirements for flex space has increased by 25% in the Capital and 35% throughout the rest of the UK Despite the additional demand however, the market penetration of flexible workspace vs conventional space is still relatively small at just 4% of total office supply Download the UK Market Summary report to get the latest supply and demand data, industry trends and market forecasts, as well as market insights from leading operators. &nbsp; Looking for Office Space? We Operate in Some of the World&#8217;s Top Cities: London, New York, San Francisco, Paris, Singapore, Hong Kong, Search more locations<\/p>\n","protected":false},"author":1,"featured_media":13299,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,214,12,76],"tags":[597,598,596,595],"class_list":["post-13048","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-growth","category-featured","category-flexible-workspace","category-instant-offices-news","tag-2019-flexible-workspace-report-uk","tag-2019-flexible-workspace-uk","tag-flexible-workspace-report-2019","tag-uk-market-summary"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>UK Market Summary: Flex is Leading the Way - Instant Offices Blog<\/title>\n<meta name=\"description\" content=\"Our latest research explores the continued growth and evolution of flexible workspace in the UK. 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