New York Real Estate Firm Sees Big Opportunity in Brexit-Rattled London Office Market

Startup Knotel Inc. is growing its footprint in London, betting its flexible office-space model can profit from uncertainty surrounding the U.K. property market as Brexit approaches.

Knotel, based in New York, is one of the biggest challengers to co-working company WeWork Cos. in a rapidly expanding business that is pressuring traditional real estate.