UK based coworking operator Runway East is to open a 12th location

UK based coworking operator Runway East | B Corp Serviced Offices is to open a 12th location.

The company signed up a 20 years management agreement with the Property company Peer Group plc.

Runway East hosts 4.500 members, over 31.000 m2 of spaces. The coworking operator runs locations in London, Brighton, Bristol and Birmingham. Runway East was launched in 2014 and is headed by entrepreneur Natasha Guerra.

The coworking company has grown over the last decade through a successful policy of partnership deal making with landlords.

“For the last 9 years we’ve worked with some of the largest landlords in the UK: expanding their business, elevating their assets and galvanising their portfolios. We’re known for building flexible work spaces that companies love, with proven loyalty, growth and profit year on year”, explains Runway East on its website. “90% of employees today want flexibility where they work. Our spaces attract the best companies, increase occupancy and bring financial activity and energy to the area […] Our Joint Venture model of operating space returns a 30% premium to landlords, and is built to withstand the ups and downs of the market, delivering long term, premium returns for our partners”, adds the operator.

https://www.costar.com/article/902047325/runway-east-flexes-muscles-in-southwark-again