US flexible working startup Knotel shrugs off Brexit as it opens three new London offices

Emily Nicolle
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Two of the new spaces are walking distance from Oxford Circus (Source: Knotel)

US flexible working office space provider Knotel has today revealed it has signed three new central London properties into its portfolio, as it seeks to take advantage of Brexit in cementing its UK expansion.

The new offices include a 7,480 sq. ft space across two floors on Great Titchfield Street in Oxford Circus, an 8,395 sq. ft floor on Tottenham Court Road, and 9,051 sq. ft of space across three floors at 300 St John Street in Clerkenwell.

"Brexit, and all of the uncertainty it unleashed, was HRH's engraved invitation for innovation in the London marketplace, and innovation is exactly what we are delivering," said Amol Sarva, co-founder and chief executive of Knotel.

"As we continue to expand to more prime locations in central London, we will offer our European customers a flexible office-space solution, so they can focus on building their business, not on dealing with real estate."

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There are also several more locations in London in the pipeline for Knotel, set to close before the end of the year.

The move follows Knotel's acquisition of German workspace operator Ahoy!Berlin in June earlier this year, as well as blockchain-based real estate engine 42floors.

The startup, which is the second largest owner of office space in New York after Regus, has raised a total of $100m (£75.5m) in funding since it launched in 2016 from backers such as property specialist Newmark Knight Frank.

Its spaces now house clients such as Netflix, The Body Shop and Microsoft.