An American company is to open the largest co-working space in the world at London’s South Bank as the demand for flexible, shared office space surges.
We Work, which has more than 100,000 members in 44 cities worldwide, has signed a deal with Almacantar, the British property developer, to take 280,000 sq ft at Two Southbank Place, which is under construction near the Thames and is due to be finished in September.
The site, near Waterloo station, is the subject of the largest leasing deal made in London this year. The building is part of the £1.3 billion redevelopment of the former Shell Centre taking place behind the London Eye.
The privately owned, New York-based company, which is valued at $17 billion, has been at