Home » Author Archives: Giles Fuchs

Giles Fuchs

Giles Fuchs, chief executive and co-founder, OSiT

WeWork London

Why WeWork’s strategy is a risky one

Editor: With the news that Currys is vacating its head offices in London and asking its corporate workforce to use WeWork offices across the country instead, we seem to be witnessing the beginning of a profound shift in preference – from fixed office space to flexible workspace.

Offices

Let’s prioritise environmentally friendly offices

Editor: The findings of the latest NewFlex Small Business Confidence Index – which points to a surge in SMEs citing the importance of a sustainable office – illustrate how vital it is for flexible office providers to offer such environments.

Construction cranes

Office rebound will gather momentum

Editor: The findings of Deloitte’s London Office Crane Survey, which point to a surge in office scheme starts, is both welcome and unsurprising.

Office

Employees look for the human connection

Editor: It is promising to see an accelerating ‘return to the office’ drive increasing confidence in the commercial real estate sector. With economic recovery leading to a surge in job vacancies, there is an air of optimism around the London business ecosystem that has not been felt for some time.

WeWork

WeWork is Icarus of flexible workspace

Editor: Last week, WeWork published its Q1 results for 2021. Its losses – both financial and including a quarter of its members – come as little surprise (‘WeWork loses £1.48bn and quarter of members due to Covid’).

flexible office

Flex offices still have a bright future

Editor: Knotel filling for bankruptcy may have come as a shock to the flexible workspace sector, but it was not a surprise. Clearly, the pandemic created significant challenges for flexible workspace operators, and it is those with a leasehold model, which have faced their own rent commitments throughout the pandemic, that have suffered most keenly.

Workspace generic

Flex space requires new valuation model

With the 12-month anniversary of the UK’s first coronavirus lockdown this month, the pandemic has seeded a desire for more footloose ways of working among both businesses and their employees, accelerating a shift towards flexible workspace.

Office

What to expect in the office market in the year ahead

A shift to remote working during the Covid pandemic has highlighted the importance of the office for businesses and their employees and its essential role as a hub for collaboration, community and development. So, what can we expect in the office market as we enter 2021?

London offices

The outlook for the UK’s post-Brexit office market

The coronavirus pandemic has radically changed our way of working, prompting businesses to become increasingly agile and footloose – a change in company culture and working norms that would have seemed simply unimaginable just a year ago.