UltraSoftBIS Cloud

Newsletter #15 - The Office Market Is Heating Up on Both Sides of the Globe

By A Baker, Marketing @ UltraSoft.Tech   Published on August 01, 2025
London office leasing is up 40% as major firms hunt for prime space

Tech, Trends, Workspace Views and UltraSoft News

 

Coworking and flex space operators are entering a new phase powered by AI, driven by data, and shaped by serious investment. Smarter tech is creating tailored experiences and seamless operations, helping spaces grow without losing their human touch.

It’s not just about software—momentum is rising across the global market. London office leasing is up 40% as major firms hunt for prime space. India’s Indiqube is scaling fast with an $84M IPO. In the U.S., CRE sales jumped 18%, signaling renewed investor confidence. Even WeWork is reinventing itself—ditching the startup party vibe in favor of a business-first identity. And with OpenAI partnering with the UK government to scale AI adoption, the tools shaping the future of work are evolving as fast as the spaces that support it.

 


 

Smart, Not Soulless: How AI Can Supercharge (Not Dilute) the Coworking Experience

 

AI is reshaping coworking and flex spaces with smarter tools, seamless integrations, and personalized experiences. From automating operations to tailoring member touchpoints, it boosts efficiency and scalability. 

But it’s not without risks: over-automation, privacy concerns, and high upfront costs can get in the way. The key is start small, stay human, and use AI to enhance the community-driven experience that makes coworking thrive.  Read more

 


 

Industry News

 

London’s office market is gaining momentum, with lettings up 40% in Q2 and a surge of new space requirements boosting confidence. Major firms, including RWE, Bristows, Macquarie, Clyde & Co, and Herbert Smith Freehills, are actively seeking large footprints, reflecting a renewed appetite for prime space. The activity is lifting occupancy and reversing last year’s vacancy trend, marking a clear rebound in the capital’s leasing landscape.

Karnataka-based Indiqube Spaces launched a ₹700 crore ($84M) IPO on July 23, with a ₹40 grey market premium suggesting a 17% potential listing gain. The offer includes ₹650 crore ($78M) in fresh shares and ₹50 crore ($6M) as OFS. Proceeds will fund new centers and debt repayment. Backed by 27% revenue growth in FY25 and narrowed losses, shares listed on NSE and BSE on July 30.

U.S. commercial real estate is rebounding, with Q2 2025 sales hitting nearly $110B—up 18% year-over-year—driven by retail, industrial, and office gains. JPMorgan says activity is outpacing forecasts, fueled by stabilizing values and a sharp drop in new construction. Cap rates are falling overall, and investor interest is rising, especially in high-quality central business district offices.

OpenAI and the UK Government have signed a partnership to accelerate AI adoption and support the UK’s AI Opportunities Action Plan. The non-binding agreement focuses on public and private sector AI use, infrastructure, and knowledge sharing. With the UK among OpenAI’s top global markets, the company plans to expand its UK presence beyond its London office. OpenAI tech already powers tools used by civil servants and small businesses.

U.S. CRE sales soared 18% in Q2, hitting nearly $110B, fueled by surging retail and office deals. With new construction slowing and investor confidence rebounding, competition is heating up, especially for prime urban properties. Cap rates are tightening, and long-term buyers are jumping in before inventory gets tighter. 

WeWork is shedding its startup image and repositioning as a conventional office space provider. A new ad campaign and leadership team aim to rebuild credibility after bankruptcy, highlighting revenue growth, Fortune 100 clients, and scaled-back operations. With a $1M marketing push and plans to invest up to $100M in upgrades, WeWork is leaning into real estate fundamentals to compete in a crowded, maturing flex space market.

 


 

Who is UltraSoftBIS?

UltraSoftBIS is an all-in-one software for business centre operators, coworking spaces, and flexible workplaces. It automates key tasks like sales, proposals, license generation, e-signatures, inventory management, reservations, billing, and reporting in a single integrated system. 

Book a demo

 

Explore other Resources > Newsletters
Contact us » to find out more about UltraSoftBIS and our future events.

To bring you the best and most up-to-date solution possible,
we work closely with these cutting-edge technologists and associations...