US flexible working specialist expands with three new London leases

International office space provider Knotel has signed three new lease agreements for flexible working premises across central London.

Covering 40,000 sq ft of commercial real estate, the new leases include six floors at Finsbury Market, three floors at St James’ Jermyn Street and a 4,036 sq ft space at Stephen Street in Fitzrovia.

The newly acquired lease agreements bring Knotel’s London total space to 180,000 sq ft, at a time when the demand for flexible workspaces in the city and throughout the UK is increasing.

Founded in 2016, Knotel is based in New York and has over three million sq ft of office space across the US, UK and Europe.

Eugene Lee, Global Head of Real Estate and Business Development at Knotel, said: “We’re excited to be leading the rapid growth in the flexible office market; the global trend is not showing signs of slowing down.

“Our expansion is driven by demand for a flexible office product from established UK companies interested in matching their real estate to their business requirements, particularly against the backdrop of an uncertain macroeconomic climate.”

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