Flex space UK Research | 7


Currently, Manchester and Birmingham are ahead of the other regional cities in terms of the size of their flex markets. Manchester is the most mature of the regional cities, with strong recent activity highlighted by WeWork’s decision to establish its first UK location outside London within the city. What’s more, over the last five years, flex space has increased at a higher rate than in Central London.


The graph shows take-up in the Big 6 for 2013-2018 but moved back three years to show the relationship with Central London take-up.


25 %


10 15 20


0 5


2010 Source: JLL 2011 2012 2013 Central London 2014 2015 Flexible office stock growth in UK Cities 347% Manchester 2016 Big 6 take-up (lagged 3 years) 2017 2018


Flexible workspace take-up as a proportion of total take-up Central London v Big 6 take-up (lagged)


242% Birmingham 208% London


135% Leeds 158% Bristol 162% Edinburgh 187% Glasgow


2013 - 2018 Source: JLL


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