The Office Group

What The Office Group does

The Office Group is a UK-based flexible workspace developer and operator, founded in 2003 and headquartered in London, operating a portfolio of 60+ distinctive workplaces totalling more than 3 million square feet across London and regional cities including Cambridge, Reading, and Leeds. The company is structured as a private joint venture held by Concert JV Holdco Limited, with significant backing from Blackstone Real Estate funds and Brockton Capital, and operates its consumer-facing business under the Fora brand.

The core product set comprises four flexible membership tiers that provide access to private offices, meeting rooms, event venues, and the broader Fora network, alongside standalone Fora Office (private offices on flexible terms), Fora Meeting Rooms (for 1-40+ attendees), and Fora Event Venues (capacity up to 350 guests). The platform architecture is dual-channel: an enterprise and mid-market field-sales motion supported by phone, email, and website enquiry forms, complemented by a self-serve consumer platform at foraspace.com that enables meeting room and event venue booking without sales interaction. The technology stack includes an AI-enabled sales agent deployed on the corporate website for enquiry qualification and viewing arrangement, with a documented privacy framework covering Google Analytics IP anonymisation and Standard Contractual Clauses for cross-border data transfers.

The business generates revenue through recurring flexible memberships and private office rentals (subscription model), transactional fees from meeting room and event venue bookings, and managed services covering hospitality and facilities within workspace locations, including in-house cafés. The company serves two principal customer segments: businesses of all sizes seeking flexible workspace (from sole traders to established enterprises), and building owners and landlords seeking outsourced real estate operations including design, development, operations, technology, and sales/marketing support. Pricing is not publicly disclosed and is handled through direct sales engagement for bespoke workspace solutions.

Name

The Office Group

Legal name

Concert JV Holdco Limited

Website

http://www.theofficegroup.com/

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

501–1,000 employees

Short description

The Office Group is a UK-based flexible workspace developer and operator, backed by Blackstone Real Estate and Brockton Capital, operating 60+ workspaces (3M+ sq. ft) across London and regional UK cities under the Fora consumer brand, serving businesses of all sizes and building owners with subscription-based memberships, private offices, and meeting and event venues.

Ownership category

akta.pro rank

Product category

Flexible Workspace Services

NAICS

Office Administrative Services (561110)

SIC

Services-Facilities Support Management Services (8744)

akta.pro primary industry

Office Property Management (BPAJAGAA)

akta.pro secondary industries

Managed Workplace Services (DaaS/Workplace-as-a-Service) (BPAEAIAA), Hybrid Work Enablement & Desk/Room Booking Operations (BPABAFAH)

Keywords

• Flexible workspace solutions
• Serviced office rentals
• Meeting room booking
• Event venue hire
• Commercial real estate

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Flexible Memberships: Fora offers four flexible membership types for companies at every stage of their journey, providing access to private offices, meeting rooms, event venues, and the broader Fora workspace collection. Membership terms are flexible, contrasting with traditional long-term commercial leases.
2. Private Office Rentals (Fora Office): Private offices for teams of all sizes, ready to move into on flexible terms, with the option to tailor the space to suit any business. Suitable for teams of any size.
3. Meeting Rooms and Event Venues: Meeting rooms and boardrooms equipped with the latest technology for hire, suitable for 1-40+ attendees. Event venues across central London for up to 350 guests. These are booked as one-off or recurring transactions by members and non-members.
4. Hospitality and Facilities Services: Provision of serviced offices, related hospitality and facilities services within workspace locations, including in-house cafés.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

The Office Group is a flexible workplace developer and operator that owns and manages a portfolio of over 60 distinctive workspaces across London and the UK, totalling 3 million+ square feet. Through its consumer-facing brand Fora, the company provides private offices, meeting rooms, event venues, and four flexible membership types on flexible terms without long-term lease commitments, along with on-site hospitality and facilities services such as in-house cafés.

Product overview

The Office Group operates as a flexible workplace developer and operator, offering a portfolio of over 60 distinctive workspaces across London and the UK, totalling 3 million+ sq. ft. The company's primary offering is its consumer-facing brand, Fora, which provides flexible membership solutions for companies of all sizes. The Fora product suite includes: private office spaces (Fora Office), meeting rooms and boardrooms, event venues accommodating up to 350 guests, and four flexible membership types. All offerings are backed by investment from Blackstone Real Estate funds and Brockton Capital.

Differentiator

Problem solved

Functional benefit

Brands

• Fora: Premium flexible workspace brand offering over 60 distinctive workplaces across London and the UK, providing flexible solutions for companies of all sizes with four membership types.

Products and services

• Fora Office Private office spaces for teams of all sizes under the Fora brand, available on flexible terms with the option to tailor the space to suit any business. Ready to move into, with customisation available to suit individual business requirements.
• Fora Meeting Rooms Thoughtfully designed meeting rooms and boardrooms equipped with the latest technology for business meetings, suitable for groups of 1-40+ attendees. Available for hire by Fora members and non-members on a one-off or recurring basis.
• Fora Event Venues Statement event venues across central London accommodating up to 350 guests with accessible transport links, designed for various occasions including corporate events and private functions.
• Fora Memberships Four flexible membership types designed to support businesses at every stage of their journey, providing access to the entire collection of over 60 Fora workspaces across London and the UK. Membership terms are flexible, contrasting with traditional long-term commercial leases, and are billed monthly.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature3 records

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• CBRE Group: Global commercial real estate services firm that acquired Industrious. Comparable as an incumbent operating flex-space at scale and offering broader real estate services, including the building-owner partnership model The Office Group provides.
• JLL (Jones Lang LaSalle): Global commercial real estate services and investment firm offering flexible workspace solutions, facilities management, and landlord advisory. Comparable as an incumbent with overlapping capabilities in workspace-as-a-service and building-owner partnerships.

Direct peers

• IWG plc: Parent of Regus, Spaces, HQ, and Signature, IWG is the world's largest flexible workspace operator with thousands of locations globally. Directly comparable to The Office Group on product (flex offices, meeting rooms, memberships) and enterprise customer base, though at substantially larger scale.
• Workspace Group PLC: London-listed operator of flexible and serviced office space across London, serving SMEs and growing businesses. Direct competitor in the UK flex-workspace market, now led by The Office Group co-founder Charlie Green.
• Industrious: Premium flexible workspace operator now part of CBRE Group, offering enterprise-grade flexible offices in major US and global cities. Comparable to Fora's premium, hospitality-led positioning and enterprise customer focus.
• Mindspace: Global provider of design-led flexible workspaces and serviced offices across Europe, the US, and Israel. Comparable to The Office Group on premium design, hospitality service, and corporate-grade member experience.
• WeWork: Global flexible office operator offering private offices, coworking, and meeting rooms with a hospitality-led brand. Direct competitor in the premium flex-workspace category, though currently restructured post-bankruptcy and focused on North America.
• Knotel: Flexible office provider offering customised enterprise workspace solutions, now part of Newmark Group. Directly comparable to The Office Group on B2B enterprise office-as-a-service offerings.
• Servcorp: Premium serviced and virtual office provider operating across major financial centres worldwide. Comparable to The Office Group on premium serviced offices, virtual offices, and meeting room offerings for enterprise clients.

Emerging players

• Landmark Space: UK-based boutique flexible workspace operator with a curated portfolio in London and select UK cities. Comparable niche competitor in the premium, design-led flex-space segment where Fora competes.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/theofficegroup
• LinkedInlinkedin.com/company/the-office-group
• Instagraminstagram.com/fora_space
• Xx.com/theofficegroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Office Group