Flexible working has reshaped the nature of the workplace. Employees want it, viewing hybrid working is an essential feature of modern work, with nearly half the workers in a recent survey willing to reject a double-digit pay rise to preserve flexible working provisions.
Over the past year, some of the world’s largest companies have cracked down on remote working and mandated that their employees spend more time in the office. Such a move has raised the question of whether this signals the beginning of the end of hybrid working.
WeWork’s recent decline has become a global spectacle, dominating headlines from rumours of bankruptcy to the filing, of exposés on the founder. And the latest twist in the unfolding saga? Competitors are already looking to occupy WeWork’s soon-to-be-abandoned properties.
A push for hybrid working is taking over modern businesses, with 76% of employees viewing this style of working as the core perk for a new role. 1 With the Flexible Working Bill recently achieving royal assent, this “perk” of the job is set to become more than just an advantage.
Despite the recent enaction of the Flexible Working Bill into law, UK organisations have yet to find a unified approach to hybrid working. Indeed, for many businesses, the past few months have been characterised by some high-profile companies insisting that their employees work from the office on an almost full-time basis.
In the dynamic pulse of London's professional arena, Holly and Josue emerge as living testimonials to the transformative power of a supportive workplace. Their stories, marked by resilience and personal growth, unfold beyond the corporate spotlight, offering a glimpse into the profound impact of positive work culture on career progression.
When Adam Neumann, co-founder of WeWork admitted that the company had not “taken advantage of a product that is more relevant today than ever before,” those in the flexible office sector were left nodding their heads in agreement.
The landscape of modern business operations has been fundamentally reshaped by the advent of remote work, with 58% of employers offering remote working provisions to staff in 2023. However, the extent to which this novel mode of work is embraced remains a subject of ongoing debate.
As royal assent makes the 2023 Flexible Working Bill a reality in British law, the future of hybrid working has risen to the forefront of people’s minds. For the 80% of UK employees who cite flexible working opportunities as a crucial factor in job evaluation, this new legislation offers welcome ammunition in their fight for flexibility.
Workplace Wellbeing Professional - 9 November 2023
Niki Fuchs
4 min read
12 Dec 2023
Typically, employers have viewed providing healthcare benefits as a valuable perk rather than a fundamental need. However, a recent report from the Chartered Institute of Personal Development has highlighted a concerning trend: the number of employees taking leave of absence due to poor health is at its highest point in a decade.
We have seen a dramatic transformation in recent years when it comes to employees’ expectations of their employers. It is a change that has come with good reason. Employee healthcare has evolved from being a mere perk, to becoming an indispensable asset in today’s competitive business world.
Workplace Wellbeing Professional - 28 September 2023
Georgia Sandom
6 min read
30 Nov 2023
In an era where work dynamics have transcended the traditional office space, prioritising the welfare of our workforce is imperative. Employers are increasingly acknowledging that employee well-being is not just a desirable aspect but an essential foundation for a thriving and sustainable business environment. However, this heightened awareness doesn’t always translate into tangible results felt by employees.
The corporate landscape is undergoing a significant shift, and the debate surrounding flexible business models is more relevant than ever. The rise of hybrid working is reshaping the way we work and the way businesses operate. With some 76% of employees considering a flexible approach a core perk in new roles.
For employers and employees, the bill’s arrival marks a significant shift in the ongoing debate between those calling for flexibility and those who want to retain a traditional, in-person way of working.
Now, with flexibility set to become more than just a perk of the job, the question of how this debate can be settled looms larger than ever.
The post-pandemic world has witnessed a significant shift in how we work. Employers and employees alike have embraced the hybrid working style that’s been made possible by modern technology.
Commercial Property Investor Podcast - 14 July 2023
Georgia Sandom and Jerry Alexander
1 min read
17 Jul 2023
In this episode, Georgia Sandom from OSIT joins Jerry Alexander to discuss her important role as Operations and ESG director. This is an engaging conversation about what is arguably the most important topic of our time.
This July marks a year since Niki and Giles Fuchs, the founders of Office Space in Town (OSiT), announced they were taking a step back from the day-to-day business and that Simon Eastlake would take over as the new managing director.
The business has come a long way since the siblings opened the first OSiT flexible workspace centre in a 25,000 sq ft building at Euston Tower in London back in 2009. Today, the company operates circa 250,000 sq ft of space across eight sites in London, Cardiff and Edinburgh and is one of the UK’s leading flexible workspace providers.
HSBC’s move to the former BT office in St Paul’s could be considered a death knell for the economic hub of Canary Wharf – at least if you believe some commentators. The true story, however, is much more positive. As businesses undergo a shift in terms of location and priorities, they find themselves with some extremely exciting opportunities – if they’re willing to adapt.
Various studies estimate that 15-20% of the world’s population is neurodiverse, with conditions including autism spectrum disorder (ASD), attention deficit hyperactivity disorder (ADHD), dyslexia and dyspraxia, among others. But despite neurodiverse conditions being so common, the workplace can be a difficult space for neurodiverse employees to navigate.
Niki Fuchs, Chief Executive of Office Space in Town, outlines what more needs to be done to improve the prospects for women in the property sector and the steps businesses should take to remove gender barriers at all levels.
Christmas is a time for indulgence and here at OSiT we LOVE the festive period. We also LOVE the planet and want to give you some useful tips on how to have an eco-friendlier Christmas, without compromising any of the festive magic.
Leading serviced office provider, Office Space in Town, have some of the most extravagant office spaces to their name but in the last 12 months, they have also started to make a name for themselves when it comes to ESG (Environmental, Social and Governance).
OSiT Managing Director Niki Fuchs speaks to City AM about why the recent report from a cross-party group of MPs give the City its best Brexit-related news in a while...
OSiT CEO Giles Fuchs and Managing Director Niki Fuchs recently appeared on the cover of New Business Magazine, talking in an interview with the publication about their experience of the serviced office sector and the secrets of their success in the industry...
This month, Office Space In Town Co-Founder, Niki Fuchs, shares her thoughts on lessons learned by building a distinctive serviced office business in one of the most competitive sectors of the property market.
Read the article here.
We are extremely proud (terrified, scared, nervous, excited, but mostly proud) to say that OSiT will be taking part in a skydive on the 19th August to raise money for our chosen charity ‘Shelter From The Storm’. We’re doing all we can to raise money and awareness for this fantastic charity which...
When Office Space in Town was founded in 2009, It was important to brother and sister team Giles & Niki Fuchs to build a company that represented their ethics, morals and family business background, which was initially founded by their parents Caryl & Harry Fuchs in 1979 opening one of the...
Lockdown has disrupted working norms for many. While working from home has come with some benefits including greater time with loved ones, Niki Fuchs, Managing Director at OSiT would make the case that the home office lacks some important social interactions that can impact our wellbeing,...
Office Space in Town hosted an Investor and property tour day plus a panel discussion with RDI REIT at our Waterloo centre on June 28th. Check out the link here featuring Giles Fuchs, OSiT CEO, on the panel.
Office Space in Town has been working with ACS Office Solutions for around a decade now with our work on new renovations. They supply us with bespoke furniture and specialist knowledge on space planning.
Co-founder and Managing Director, Niki Fuchs, was recently interviewed by ACS for their Modern...
With GSCE & A-Level results imminent, the youth of the UK are anxiously awaiting their fate. It's almost expected now that, once you've completed your A-levels you should go straight on to Uni and further education in order to have a chance of a successful career. However, there are always...
The serviced office provider plans to carry out a major refurbishment of the seven-storey building, which has 36,000 sq ft of office space and is located a three-minute walk from Blackfriars Station.
As well as redeveloping the existing office space, the company is also considering adding...
It has to be one of the greatest ways of measuring your success and progress, when you’re recognised by the leading industry experts and organisations.We’re so proud to have been awarded for our work with Peldon Rose and Sam Kopsch Studio receiving ‘5 Star Best Office Interior London’ for our...
What an honour it is for Rightmove to feature OSiT Waterloo as their 'dream property' today on their property blog!
Check out their blog here to find out how you could be a 'Business in Wonderland' right in the centre of Waterloo close to major road routes and public transport within walking...
As part of BBC Radio Devon's 'Love Island' week, they stopped off at Office Space In Town's most recent acquisition - the famous Burgh Island where they chatted with both Giles and long standing staff at the hotel. You can listen to the full feature here, to hear Giles' section skip to 1:35:00
Giles & Niki Fuchs will both be on the panels at the biggest coworking conference in the world - GCUC! It will be taking place at Kings Place in the heart of King's Cross on September 25th and 26th.
Their speaking slots will take place on the first day - September 25th
2 PM: All Things Money:...
Office Space In Town co-founder, Niki Fuchs, tells smallbusiness.co.uk the reasons why choosing the right office space for your business is important for your company's growth.
With the right office space, you can reduce your office rental overheads whilst boosting your productivity and company...
Tracey Holloway, Director of Quality and Control at Office Space in Town and General Manager of their Cardiff operation, features in this months Style Of The City magazine.
Tracey discusses the importance of investing in the growth and development of employees and how that has been a contributing...
RDI have become the first REIT to make a serviced office acquisition, by buying an 80% stake in four of OSIT's London offices.
Giles Fuchs, OSiT CEO, comments that the £161.7m portfolio buy shows that institutions are waking up to the sector's 'robust income streams'
This article was featured in...
In his latest entry for Real Business, Giles Fuchs outlines his advice for entrepreneurs and small businesses seeking investment having experienced the challenges himself from trying to convince investors that his serviced office concept, at the time back in 2009, was viable and profitable to now...
Launching a sophisticated, high-end office which could deliver a productive, happy working environment was a tall order. Working with office out-fitters Area and interior designer Sam Kopsch Studio, we are proud to say that our Blackfriars office is exactly that: professional, digitally advanced...
Office Space in Town led investment group acquires iconic Burgh Island Hotel in Devon
The historic hotel has hosted notable guests including Agatha Christie, the Beatles and Winston Churchill
A multi-million-pound redevelopment will see a renaissance of the hotel and potentially include an...
We're very proud to let everyone know that Giles and Niki were today (30th May) featured in The Telegraph. The feature is talking about how external investment is helping fuel the growth of Office Space in Town.
Please follow this link to read the full article.
We're delighted to have an article by OSIT CEO Giles Fuchs featured in Internation Real Estate.
Giles takes a look at how the commercial office sector is defying the economic uncertainty and predicts that it will only continue to grow.
Read his article here to understand why.
We are absolutely delighted to have been recognised as one of the best places to work in property by Property Week!
Extensive research was conducted via employee and employer surveys and these were evaluated by using 8 key metrics which were:
Overall engagement
Leadership and planning
Culture and...
OSiT CEO Giles Fuchs is featured here in this column for CoStar, who are a leading source for commercial real estate information and analysis.
Having been backed by international investors, one of which includes US-based Forum partners, OSiT have some great insight into this area.
Click here to...