Flexible workspace pioneers Office Freedom introduced a new concept when searching for office space in 1993.
Over the last 25 years we’ve seen a vast amount of changes to the field of work such as the invention of Wi-Fi in ’98, the Dot-Com crash in ’00, the 07/08 financial crisis and in 2016 the United Kingdom’s decision to vote ‘leave’ following a referendum in a move that could significantly shake up the country’s flexible workspace market.
While serviced offices first appeared in the 80’s introducing more flexible working provisions, the concept of the ‘true’ flexible workspace has only become a reality over the last decade beginning with the UK’s first true coworking space in 2005 called “The Hub” in Islington.
Supported by flexible working advances in the nineties, Office Freedom were the first brokers of flexible office space, founded in 1993 under their former name ‘SOS Search Office Space’.
Discussing the evolution of flexible workspace, founder and CEO Richard Smith said, “Today’s flexible workspace provides a habitat that supports staff wellness, staff welfare and helping companies become happy and productive places of work. As a result, the flexible workspace industry has attracted large corporations, enterprise companies and fintech. Today’s flexible workspace can make you feel like a million dollars working in a 5-star hotel and I know this from personal experience.”
Described as the ‘coworking revolution’ in 2006, the number of flexible office spaces approximately doubled each year for the next seven years with 2012 welcoming more than two thousand flexible office spaces worldwide alone.
“Friendly and helpful staff are however still at the heart of our centres, but the profile of businesses has also changed over 25 years. Larger corporate companies are now being drawn to flexible space and away from long term, inflexible lease agreements. It’s all part of the drive for companies to remain agile and adaptable whilst nailing down overheads in what remains an uncertain economic environment.”