According to the forecast, the volume of flexible office workspace in the United Kingdom is expected to nearly double between 2019 and 2023, reaching 167 million square feet in 2023. Flexible office space, also referred to as coworking space or shared office space, refers to commercial office space that allows short-term leases to individuals, freelancers, small and medium enterprises, and other professionals. In contrast to traditional offices, flexible offices provide equipped and serviced office premises without long-term rent commitment.
Volume of flexible office space forecast in the United Kingdom (UK) from 2019 to 2023
(in million square feet)
Characteristic
Volume of flexible office space in million square feet
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Statista estimates. (September 25, 2019). Volume of flexible office space forecast in the United Kingdom (UK) from 2019 to 2023 (in million square feet) [Graph]. In Statista. Retrieved June 29, 2022, from https://www.statista.com/statistics/754743/volume-of-flexible-office-space-united-kingdom/
Statista estimates. "Volume of flexible office space forecast in the United Kingdom (UK) from 2019 to 2023 (in million square feet)." Chart. September 25, 2019. Statista. Accessed June 29, 2022. https://www.statista.com/statistics/754743/volume-of-flexible-office-space-united-kingdom/
Statista estimates. (2019). Volume of flexible office space forecast in the United Kingdom (UK) from 2019 to 2023 (in million square feet). Statista. Statista Inc.. Accessed: June 29, 2022. https://www.statista.com/statistics/754743/volume-of-flexible-office-space-united-kingdom/
Statista estimates. "Volume of Flexible Office Space Forecast in The United Kingdom (Uk) from 2019 to 2023 (in Million Square Feet)." Statista, Statista Inc., 25 Sep 2019, https://www.statista.com/statistics/754743/volume-of-flexible-office-space-united-kingdom/
Statista estimates, Volume of flexible office space forecast in the United Kingdom (UK) from 2019 to 2023 (in million square feet) Statista, https://www.statista.com/statistics/754743/volume-of-flexible-office-space-united-kingdom/ (last visited June 29, 2022)
