Size of the flexible workspace market in the United Kingdom (UK) 2015-2019
Between 2015 and the first hald of 2019, the volume of flexible workspace in the United Kingdom (UK) has increased, reaching 87 million square feet in 2019. 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. It is forecast that the market in the UK will double in size by 2023.
