Cubo powers on with record breaking Q1
Cubo, Derby-headquartered provider of flex office space, has posted a record-breaking first quarter of the year, achieving its highest-ever desk sales in a three-month period.
From January to March 2025, Cubo recorded the sale of more than 700 desks across its UK portfolio.
With 10,000 plus desks across the UK’s core city centres, the disposal of 700 desks represents an additional 7% of total capacity.
Among the standout successes are the former WeWork site at Manchester Spinningfields, which reached 50% occupancy within just three months of launch.
Cubo also made an entry into the capital earlier this year, launching its 29,000 sq ft London flagship at Ilona Rose House, W1.
Marc Brough, CEO at Cubo, said: “Our record-breaking Q1 results are a powerful reflection of Cubo’s continued growth and the clear and growing demand for high-quality, flexible office space.
“Achieving 50% occupancy at Manchester Spinningfields within three months is a testament to the strength of our offer. We have hit the ground running with Cubo Soho and are welcoming more and more exciting businesses every week.
“As we continue to scale throughout 2025, we remain committed to redefining the future of work and delivering vibrant, community-led workspaces that empower businesses to thrive.”
Cubo was recently identified as the fastest-growing operator in the UK flex office market by trade title CoStar.
Over the past two years Cubo has accounted for 33% of all flexible workspace leasing activity across the Big Six regional cities of Birmingham, Bristol, Edinburgh, Glasgow, Leeds, and Manchester. This figure exceeds the activity of more established operators, such as global workspace giant IWG and Orega, who have achieved 13% each.
