Back
News

Flex operator x+why launches two new London sites

Flexible working company x+why has launched two new workspaces in London, as the co-working sector continues its resurgence during the easing of lockdown.

X+why has signed a management agreement with landlord the Courtenay Group for The Fulwood, near Grays Inn Gardens in Holborn, WC1, and Huguenot Place in Spitalfields, E1.

The Fulwood, at 4 Fulwood Place, contains around 14,000 sq ft of office space, more than half of which has already been leased to brewery Toast Ale and  marketing agency Catalysis.

Architect Squire & Partners said it had been designed in a way which would accommodate a diverse range of occupiers, given its Midtown location. This includes features such as banquet-style seating, large group tables and informal joint working spaces.

Designed during the pandemic, architects also plotted out the space specifically to accommodate flexible working, with so-called Zoom booths and video call-friendly acoustics.

Rupert Dean, co-founder of x+why, said: “This space expands the geography and size of our London offerings and helps place us among the fastest growing flexible workspace specialists in the UK – a feat we are particularly proud to have achieved during a global pandemic and proving market confidence in our forward-thinking model.”

The slightly larger Huguenot Place, which offers 15,000 sq ft of more traditional office space near Liverpool Street, has thus far proven attractive to tech occupiers.

Proptech company Goodlord, which runs a lettings management platform, and insurance technology company FloodFlash are currently based there.

The space provides mainly managed workspaces as well as a shared club space for co-working and larger meetings.

The openings bring x+why’s total office space, including sites in the pipeline, to more than 300,000 sq ft, marking a speedy expansion from its 70,000 sq ft before Covid-19.

It comes as occupiers increasingly look to flexible offices to accommodate new hybrid working patterns after the pandemic.

Last month, flex giant IWG said it was seeing “unprecedented” demand for its services, having recently signed its biggest-ever deal allowing the 300,000 employees of Japan’s Nippon Telegraph and Telephone to use its 3,300 workspaces around the world.

To send feedback, e-mail alex.daniel@eg.co.uk or tweet @alexmdaniel or @EGPropertyNews

Up next…