Key trends shaping the European flexible workspace market in 2025 (Anita Fuzi, Cushman & Wakefield)

This 2025 conference deck examined trends shaping the European flexible-workspace market and presented the sector as developing at different speeds across local markets. It compared European cities and grouped the United Kingdom as an advanced market, Spain as maturing and Hungary as emerging. A market-maturity framework considered flexible workspace’s share of office stock, workspace density, landlord-led offers, non-traditional agreements and operators’ delivery of wider building amenities. The presentation argued that operators increasingly acted as curators of workplace experience rather than conventional landlords. It also described customisation as a baseline client expectation, reporting that 80% of Cushman & Wakefield flex clients required some level of customisation. Managed offices were positioned as combining flexibility with greater control, with an average United Kingdom deal size of approximately 700 square metres. The deck reported that flexible workspace was the preferred option for requirements below 40 people. It also described landlords as strategic partners and stated that management agreements represented 39% of flexible-workspace deals in Cushman & Wakefield’s 2025 data. The closing theme was that the flexible-workspace sector had moved beyond gradual evolution towards more deliberate strategic development.

Key findings

• Cushman & Wakefield reported that 80% of its flex clients required some level of customisation.
• The average managed-office deal size in the United Kingdom was approximately 700 square metres.
• Management agreements represented 39% of all flex deals in Cushman & Wakefield’s 2025 data.

Presented by Anita Fuzi, Cushman & Wakefield, at Coworking Europe 2025