Slovakian developer HB Reavis launches its first London flexible workspace arm
A Slovakian real estate developer with a growing UK portfolio has become the latest property heavyweight to enter London’s flexible office workspace market, after introducing its co-working brand into the capital this morning.
HB Reavis is launching its ‘HubHub’ workspace label within its £30m offices at 20 Farringdon today, where it will occupy roughly 34,000 square feet across four floors.
The news comes amid a growing trend among property developers who are starting to dip their toes into the serviced office space sector, which has been dominated up until now by giants such as WeWork.
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In August HB Reavis grabbed the headlines after it was given the green light to build a £120m office block above Farringdon’s new Crossrail platform underlining the firm’s ambitions for commercial property expansion in the capital.
“Flexibly designed to cater for anything from start-ups to scale-ups, the provision of agile workstations in communal areas are complemented by user-focused amenities, including a zen room, sleeping booth and game rooms,” HB Reavis said in a statement.