Tech, Trends, Workspace Views and UltraSoft News
Global office markets are showing mixed signals as vacancies rise in some places but demand heats up in others.
Economic pressures, hybrid work changes, and evolving tenant needs are forcing landlords and operators to rethink strategies—whether that means repurposing space, focusing on core markets, or investing in new coworking models.
Downtown LA offices are teetering on the edge of a fiscal cliff, UK offices are roaring back to life, and coworking’s power centers are on the move. From shrinking footprints in Manhattan to bold new hubs in Munich, the real estate chessboard is being reset.
Catch up on the moves, the markets, and the momentum you need to know.
Simple Software, Smoother Spaces: Why Ease of Use Matters in Coworking Operations
Efficient coworking spaces have to rely on tools that reduce friction for both operators and members. We recently looked at how integrated systems (that cover bookings, billing, onboarding, and analytics) can help streamline daily operations. As coworking grows more complex, especially across multiple locations and membership types, clarity and usability in software can make a significant difference in how teams manage space and how members experience it.
Industry News
Downtown LA’s office vacancy rate has hit 22% and could soar higher—threatening a $69B plunge in property values and over $350M in lost tax revenue. Without action, the city faces a decade of financial decline, but targeted redevelopment could unlock billions in value and ease LA’s housing shortage.
UK office take-up hit 20.3M sq ft in Q2 2025, the highest level since 2022. Central London led activity, with five mega-deals over 100K sq ft. Technology, Media, and Telecom drove national demand, while sector dominance varied by city.
Big U.S. cities are shedding coworking spaces while smaller markets surge. In Q2 2025, Manhattan’s footprint shrank, but places like Long Island and Birmingham saw double-digit growth.
Office leasing across Europe jumped 10% in Q2 2025, driven by return-to-office mandates, firm consolidation, and strong demand from professional and financial services. Prime rents keep rising despite higher vacancy.
Manhattan’s coworking market shrank for the first time, losing 400,000 square feet and 13 locations between Q1 and Q2 2025, dropping to 10.9 million square feet. Despite WeWork signing new leases, its bankruptcy restructuring led to many closures. Competitors like Regus and HQ expanded aggressively, while nationwide coworking spaces declined slightly but grew larger on average, totaling 141.3 million square feet across the U.S.
Munich Airport’s LabCampus is transforming 26 hectares near Terminal 1 into a coworking-focused innovation district. The development blends office infrastructure with shared spaces, digital tools, and a cross-sector tenant mix.
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.
