Over recent years, we have witnessed significant changes when it comes to the workplace. Women are continuing to push through the glass ceiling, offices are starting to look more likes homes and businesses are opting for a more flexible and sociable working environment. This rise in flexible office space is just one of the latest trends to emerge from the corporate world, and according to a report by office brokers Office Freedom, London is at the forefront of this growing market.

The number of new workspaces in Central London grew by 42 percent in the last year alone

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The city has one of the highest growth markets of flexible office space in the world. On average, a new coworking space opens in London every 5 days.

In the same year, it was reported that throughout the capital, over 1,300 new flexible office locations were available, showing a 9 percent increase year-on-year. This increase was also reflected in a rise in the number of hybrid work centres that combine coworking and serviced office space in London.

But why are flexible offices spaces proving to be popular?

Today, we live in a world where workers are looking for a job that offers more than just a salary. They are looking for a company that provides the full package; a positive working environment, good employee benefits and small perks that help their well-being. As a result, many businesses are trading a more traditional private office for a modern coworking space.

In many flexible office spaces, workers can enjoy modern facilities such as on-site gyms, break out areas, roof terraces and even on-site restaurants. What’s more, with the number of highly-skilled freelancers working in London rising well into the millions, the need for a collaborative work space or small desk space is more in demand than ever before.

From a business perspective, many large corporations are choosing to move to a flexible office space for more reasons that just attracting and retaining staff. This new flexible offices provide agility, all inclusive costs, less risk, potentially cheaper rates and the ability to quickly scale up or down.