GPE to more than double London flex offering to 600,000 sq ft

GPE has said it wants to more than double its flexible workspace offering in London.


The FTSE 250 development company has announced its ambition to increase its flex portfolio in the capital from 250,000 sq ft currently to around 600,000 sq ft.


The company said it recognised that flexible offices were becoming the mainstream options for businesses seeking under 10,000 sq ft of space, and that it wanted to offer greater choice to customers.


Simon Rowley, director of office leasing and flex at GPE, said: “We have been delivering flex space since 2018 and the existing portfolio is well suited, with the service already available in over 11 London locations, covering some 250,000 sq ft.


“Our ambitions more than double our existing flex footprint, with the opportunity to grow further by buying buildings. We’re off to a great start having recently acquired 7/15 Gresse Street, in the heart of Fitzrovia, for our fully managed offer to meet the deep customer demand and deliver a market-leading service and amenity provision in a well-designed, tech-enabled and sustainable space.”


The plans include offering three rebranded products, a ‘ready-to-fit’ option, a fully furnished ‘fitted’ option and ‘fully managed’ workspaces.


GPE’s current London flex offering includes 16 Durfour’s Place, Soho, The Hickman in Whitechapel and Elm Yard in Clerkenwell.


Steven Mew, customer experience and flex director of GPE, said: “Our goal is to provide greater choice for our many customers and meet the increasing demand for flexible workspaces within our portfolio that’s already packed with opportunity.


“As the world continues to return to offices after the pandemic, businesses are looking to achieve a greater degree of agility, a larger number of employees want hybrid working and technology is playing its part as we steer away from the old ways of working towards smarter and sustainable workplaces.


“And it’s not just about SMEs, larger corporates are increasingly utilising flex space as part of their real estate strategies.”


Property Week (Jamie Bennett-Ness) -

Photo by Jaanus Jagomägi on Unsplash

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