Flex office provider reports record-breaking start to 2025

Flex office space provider Cubo has reported a record-breaking start to the year.

The firm, which has sites across the country, including two in Derby, said it achieved its highest ever desk sales during the first quarter of the year.

From January to March, Cubo recorded the sale of more than 700 desks across its UK portfolio.

With 10,000 plus desks across the UK’s leading core city centres, the disposal of 700 desks represents an additional 7% of total capacity.

Among the standout successes are the former WeWork site at Manchester Spinningfields, which reached 50% occupancy within just three months of launch.

Cubo also made a bold entry into the capital earlier this year, launching its London flagship at the prestigious Ilona Rose House, W1.

Spanning 28,884 sq ft of flexible Grade A office space across two floors, Cubo Soho caters for a diverse range of occupiers, from tech start-ups and SMEs to larger corporate teams.

Chief executive Marc Brough said: “Our record-breaking Q1 results are a powerful reflection of Cubo’s continued growth and the clear and growing demand for high-quality, flexible office space.

“Achieving 50% occupancy at Manchester Spinningfields within three months is a testament to the strength of our offer.

“We have hit the ground running with Cubo Soho and are welcoming more and more exciting businesses every week.

“As we continue to scale throughout 2025, we remain committed to redefining the future of work and delivering vibrant, community-led workspaces that empower businesses to thrive.”

Cubo was recently identified as the fastest-growing operator in the UK flex office market by CoStar, world leaders in commercial real estate information.

Over the past two years Cubo has accounted for 33% of all flexible workspace leasing activity across the ‘big six’ regional cities of Birmingham, Bristol, Edinburgh, Glasgow, Leeds, and Manchester.