Record month for fast-growing flex office provider

Cubo Manchester

The explosion in demand for flex office space has led to Derby-based operator Cubo posting a record month in April.

The company broke their own month-on-month record by completing more than 600 new desk deals over the month.

Cubo was founded by property investors Marc and Becky Brough in March 2020 and has 11 workspaces across the UK.

Ambitious plans are underway to almost double its footprint nationally, a growth strategy backed by investment firm Literacy Capital.

Second workspaces have been launched in Leeds, Nottingham, Birmingham and Derby and a new workspace in Glasgow is set to open on 1 June. Other new locations are set to be announced shortly.

Marc Brough, CEO of Cubo, said: “We are delighted, but not completely surprised at these latest figures – a combination of controlling the best in class, Grade A locations in the UK’s top performing cities, together with an unbelievable sales and operation team, is now delivering the level of results which I feel confident will outperform all other operators on a like-for-like basis.

“In addition, our new site in Glasgow and second sites in Derby, Birmingham and Leeds are all set to hit full occupancy within weeks of each site opening. This is a clear indication that the occupier market remains fixed on quality of space.”

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