If you believe Jamie Hopkins, there’s a revolution under way in the property sector. It’s going to shake up the industry and radically change how real estate companies work. And, as chief executive of Workspace, he is right in the middle of it. His business lets out office space on tailored leases for small companies of between ten and twenty people in pleasantly fitted out buildings in London that the company owns. That may not sound like upheaval, but it is, at least according to Mr Hopkins. In his words to investors at the company’s annual results last November: “Our industry is going through a structural revolution. This is not just some tweaking around the edges.” He argues that the days of large companies signing
A structural revolution is underway in the property sector, according to Jamie Hopkins, CEO of serviced and flexible office operator Workspace. The speed of advancements in technology mean that companies don’t know where they will be in five years’ time, prompting even the largest property companies such as British Land to adopt the flexible and co-working office business model made popular across the globe by WeWork.