Why has Landsec re-entered the flexible office market?

Landsec has ventured into the flexible office market for a second time, more than a decade after its first attempt failed.

Myo (from “make your own”) offers customised offices for businesses needing space for between 15 and 80 people on leases ranging from 12 months to three years. It will also offer formalised subletting, so that businesses can rent bigger space to grow into.

The operation is headed by Oliver Knight, who has been at Landsec since 2014, first as its leasing and sales director and then as its investment director.

Landsec’s first flexible office