Across continents, flexibility is the new baseline for work.
From London to Cairo, coworking and flexible offices are seeing major moves. Prices are dropping in key Western European cities, demand is climbing in Australia, and Egypt is becoming a fast-growing hub. Operators are experimenting with hybrid formats, tackling operational complexity, and exploring new ways to meet the evolving needs of businesses and remote workers.
Industry News
Coworking prices in London have dropped nearly 29%, marking the steepest decline in Europe. Similar cost reductions in Helsinki, Paris, and Dublin point to a wider correction in flexible office rates across Western Europe, even as parts of Central and Eastern Europe experience rising workspace costs.
Australia’s flexible workspace sector grew 18% through September 2025 as operators expand and diversify to meet rising demand. Hybrid-Flex formats now represent half of all workspaces, while closures fell 67% in 2024, signaling stability and maturity. One in five operators expanded, with major players like The Commons and Hub Australia driving growth as flexible models become a core part of the office market.
Office mortgage originations in the U.S. surged 181% year-over-year in Q3, driving overall commercial real estate and multifamily lending up 36%, marking five consecutive quarters of growth. Total CRE loan volume rose 18% from the previous quarter as investors capitalized on stabilizing property values and refinancing opportunities.
IWG’s Egypt operations grew 300% in a year, making it the fastest-growing market in the Middle East, Africa, and Asia-Pacific. The company now runs 31 centers nationwide and plans 30 more in 2026, including the upcoming Spaces at The Arc, its largest facility globally. Expansion spans Greater Cairo, Alexandria, the North Coast, New Alamein, and future Upper Egypt locations, reflecting rising demand for flexible workspaces and Egypt’s growing role as a regional business hub.
Commercial real estate markets are feeling the strain as the U.S. government shutdown enters its 42th day — the longest in history. Office leasing tied to federal tenants has slowed sharply, new lease awards are on hold, and multifamily development projects face delays amid stalled HUD approvals, heightening uncertainty across the sector.
British companies’ expectations for employment fell last month for the first time in nearly five years, while inflation expectations rose to the highest since late 2023. Expected employment growth slipped to -0.1% in the three months to October, the first negative reading since November 2020.
Managing Hybrid Work Made Simple: Tools and Tactics That Deliver
Hybrid work is messy—teams rotate between home, coworking, and HQ, creating booking, billing, and occupancy headaches. UltraSoftBIS simplifies it all: manage desks, meeting rooms, memberships, and virtual spaces from one dashboard, get real-time insights, automate workflows, and keep every location running smoothly. Scale effortlessly, reduce errors, and turn hybrid chaos into a seamless experience. See how UltraSoftBIS can transform your workspace operations today. Read more here, or book a demo with us here.
Who is UltraSoftBIS?
UltraSoftBIS is an all-in-one ERP software for the operators of managed spaces, coworking spaces, and flexible workplaces. It automates key tasks like sales, proposals, contract generation, e-signatures, inventory management, reservations, billing, and reporting in a single integrated system.
