Orega Marks 25 Years as Flexible Workspace Demand Grows

Orega, a leading provider of flexible workspaces, is celebrating its 25th anniversary, highlighting the transformation of premium flexible offices from a luxury to an essential component of modern business infrastructure. This milestone not only signifies the company’s success but also reflects the increasing significance of flexible office spaces across the UK.

Alan Pepper, CEO of Orega, stated: “Reaching our upcoming 25th anniversary is a proud milestone for the business. The flexible workspace sector has evolved dramatically since Orega was founded – we’ve weathered the storm of three economic downturns and a global pandemic – and we’ve come out stronger than ever. It’s clear that flexibility is no longer a ‘nice to have’, it’s now central to how modern businesses operate.”

The strategic advantages of flexible workspaces are becoming increasingly apparent for growing businesses. These spaces enable companies to expand without the burden of long-term real estate commitments, secure prime locations that attract talent, and provide a professional setting that aligns with their aspirations.

Bristol exemplifies the robust regional economies that validate Orega’s perspective. The West of England is expanding at four times the national average, generating over £54 billion annually, and boasts the highest rate of net business start-ups outside London. This economic vitality is fuelling a consistent demand for high-quality, flexible office spaces, particularly from sectors such as professional services, technology, and finance.

However, Bristol’s growth is part of a larger national trend where hybrid working has transitioned from a temporary solution during the pandemic to a permanent operational model. This shift is prompting businesses of all sizes to reassess their office space needs and requirements.

Alan added: “In cities like Bristol, we’re seeing sustained demand from established corporations and ambitious growing businesses who want flexibility without compromising on quality or location. The role of the office has changed; it’s about creating environments that foster collaboration, support wellbeing and reflect a company’s brand and ambition.”

Over the past two and a half years, Orega has expanded its footprint by opening eight new premium centres and enhancing its team with key strategic hires, including Alan as CEO, David Kinnaird as COO, and Sophie Turnbull as Commercial Director. The company has also pioneered Management Agreements with landlords, a distinctive approach to flexible workspaces that has been integral to its success and sets a benchmark for sustainable growth in the sector.

Orega’s growth trajectory shows no signs of abating, with plans to expand to 45 locations over the next five years, averaging four new sites annually. The focus will remain on London, the UK’s six major regional cities—including Bristol—and select areas where the demand for premium flexible workspaces is on the rise.

Alan concluded: “Our future growth will be shaped by the same principles that got us to where we are today. We want to keep empowering businesses to unlock their true potential, remaining agile and responsive to the changing market. The flexible workspace industry is maturing and we’re proud to be at the forefront of that evolution.”