WeWork expands across London as co-working space continues to rise in popularity

by Startacus Admin

Recent research from real estate advisors Savills suggests that UK serviced office take-up has more than doubled in first half of 2017.

Taking further well-intentioned advantage of this long term growth trend is WeWork, the leading global coworking space provider, who since launching in the UK have opened 22 offices across London.

And there’s more space coming, with the news that WeWork are opening at least two more offices in the Capital with their first West London serviced office opening in Hammersmith and another first-class office space opening in the coming weeks in Mark Square, a five minute walk from both Old Street Tube Stop and Shoreditch High Street Overground. 

Whilst EC1 and EC2 are arguably still the most popular spots for freelancers, creatives and tech startups working in London, the growth of the whole tech sector across the Capital means that tech and creative hubs are sprouting up in many a London boroughs. With this divergence, the need for serviced office space across the capital certainly continues to grow.

The WeWork Hammersmith co-working space, all set to open set to open at the beginning of December, is a good sign that co-working space popularity is all but certainly on the rise in West London too. With, currently 216 offices across the World, WeWork are certainly good at doing their homework into where geographically is best to open office space, and it’s great to see that West London will soon see the benefits that WeWork co-working spaces offer their occupants elsewhere.

The opening soon, WeWork Mark Square office with an EC2 postcode, is also a clear indication that there is no such thing as office space saturation in and around the Shoreditch and Old Street area - and don’t be surprised to see more new WeWork offices opening within the EC1 and EC2 district going forward.

It’s the finer details that make WeWork co-working spaces a real benefit to its occupants. Startacus are certainly big advocates of the benefits of working from a co-working space, both when working as an individual or as a startup or sizable SME.

Co-working and serviced office space can, apart from the home comforts of decently brewed coffee and coffee bars, comfortable co-living and working areas, and decently sized meeting rooms and private spaces, create a real sense of community and purpose, which working from home or in a traditional space cannot in particular provide. 

Couple that with the advocacy you can find from your fellow co-workers, the social events that you can choose to attend and the industry sector talks and panels that take place, and it is undeniable that the growth of the service office space is no accident.

Startacus therefore predicts that co-working and serviced office space will continue to rise in popularity in 2018 and beyond.

 

• #wework
• #coworking
• #co-working
• #serviced offices
• #office space
• #london
• #hammersmith
• #mark square

Published on: 21st September 2017