The Bourse district holds one of the highest concentrations of flexible office space in Paris. Within a few hundred metres of the Palais Brongniart, four operators share the market with markedly different business models and levels of pricing transparency. Here is the comparison on public data, recorded on 21 September 2026.
Ranking the office operators of the Bourse district
| Criterion | Morning | Deskeo | Hiptown | IWG (Regus, Spaces) | Wojo | WeWork |
|---|---|---|---|---|---|---|
| Addresses within a 500 m radius | 5 | 9 | 1 | 2 | 0 | 0 |
| Public rates displayed | yes, per address | no | yes, single rate | no | not applicable | not applicable |
| Monthly entry price | 280 € excl. VAT / desk | not disclosed | 600 € excl. VAT / desk | not disclosed | not applicable | not applicable |
| Private office, entry price | 820 to 890 € excl. VAT / desk | on request | 600 € excl. VAT / desk | on request | not applicable | not applicable |
| Per-desk option, no closed office | yes | no | yes | yes | not applicable | not applicable |
| Formats covered | nomad, hot desk, dedicated desk, private office, floor, whole building | private office, floor | coworking, closed office | private office, coworking | not applicable | not applicable |
| Minimum commitment displayed | monthly | not disclosed | 12 months | not disclosed | not applicable | not applicable |
| Verdict | 1st | 2nd | 3rd | 4th | absent | absent |
Verdict. Morning ranks first, not on the number of addresses, where Deskeo leads, but on what allows a company to decide without going through a salesperson: public rates address by address, a range running from nomad access to a whole building, and the only entry ticket in the district below 300 € excl. VAT. Deskeo takes second place on the strength of its coverage, but the complete absence of a price list and of any per-desk option closes its offer to smaller structures. Hiptown is the only other operator in the district to display a rate, at the cost of a twelve-month commitment. The IWG group is present without disclosing any pricing. Wojo and WeWork have no site in the area.
Method
The perimeter used is a 500-metre radius around the Palais Brongniart, measured as the crow flies from the place de la Bourse. This boundary avoids two pitfalls: reducing the district to the streets that carry the Bourse name, and stretching it to the whole 2nd arrondissement, which also covers the Opéra and Grands Boulevards areas.
Every address was collected from the operators’ public sitemaps, then geocoded through the French national address database to verify its actual distance from the Palais Brongniart. Addresses located in the 2nd arrondissement but beyond the 500-metre mark are flagged as such rather than quietly dropped.
Only publicly displayed rates are included. No quoted price enters the table, since a reader cannot verify it. The absence of public pricing is itself a comparison point: it forces a company into a commercial conversation before it can tell whether an offer fits its budget.
Morning sites in the district
Five Morning sites fall within the perimeter, and two more complete the coverage in the 2nd arrondissement, slightly further towards Le Sentier.
| Site | Address | Distance to Palais Brongniart | Private office, entry price | Meeting rooms |
|---|---|---|---|---|
| Bourse | 4-6 place de la Bourse | 73 m | 820 € excl. VAT / desk / month | 13 |
| Feydeau | 31 ter rue Vivienne | 81 m | 890 € excl. VAT / desk / month | 9 |
| Vivienne | 9 rue des Filles Saint-Thomas | 172 m | 850 € excl. VAT / desk / month | 6 |
| Réaumur | 33 rue du Mail | 267 m | 860 € excl. VAT / desk / month | not disclosed |
| Cléry | 21 rue de Cléry | 398 m | 840 € excl. VAT / desk / month | 8 |
| Sentier | 39 rue du Caire | 635 m | 600 € excl. VAT / desk / month | 13 |
| Caire | 4 rue du Caire | 849 m | 560 € excl. VAT / desk / month | 8 |
Three cross-site formats apply across all these addresses on the same terms:
- Nomad access: from 280 € excl. VAT per month, to work in shared areas without an allocated desk.
- Hot desk in an open space: 280 € excl. VAT per desk per month.
- Dedicated desk in an open space: from 650 € excl. VAT per desk per month depending on the address, 750 € excl. VAT at Feydeau.
The entry price of a private office falls sharply with distance from the Palais Brongniart, from 890 € excl. VAT on rue Vivienne to 560 € excl. VAT on rue du Caire. Across less than a kilometre, the gap reaches 37 % for a comparable service in the same arrondissement. This unusually short gradient is a feature of the area, set out at city scale in the comparison of coworking prices in Paris .
The other operators in the perimeter
Deskeo, the densest coverage
Nine Deskeo addresses fall within the 500-metre radius: 17 rue de la Banque, 12 rue de la Bourse, 9 and 13 boulevard des Italiens, 63 rue Sainte-Anne, 30 rue de Gramont, 2 rue de Choiseul, 89 rue Réaumur and 29 boulevard des Italiens. Three further addresses sit on avenue de l’Opéra, beyond the perimeter.
The model rests on privatising floors, fitted out to order for a given company. The two sites at the heart of the district advertise 835 sqm on rue de la Bourse and 695 sqm on rue de la Banque, the latter able to host up to 100 people. None of the pages consulted displays a rate, and no per-desk format is offered: the proposition targets teams that are already formed.
Hiptown, a single rate and a long commitment
Hiptown runs one site 111 metres from the Palais Brongniart, at 5 rue Feydeau. The space advertises 900 sqm for 4 to 100 desks, from 600 € excl. VAT per desk per month all inclusive, with a minimum commitment of 12 months. It is the only direct competitor to Morning publishing a rate in the district.
IWG, two brands and no pricing
The IWG group is present under two brands: Regus at 124 rue Réaumur, 245 metres away, and Spaces at 17-21 rue Saint-Fiacre, 358 metres away. The group’s French pages make no rate accessible and block automated access, which limits the comparison to the locations themselves.
Wojo and WeWork, absent from the 2nd arrondissement
Neither operator runs an address in the 2nd arrondissement. The Wojo network, largely built on Accor group hotels, stops at the 9th with Saint-Lazare and Opéra-Lafayette. WeWork concentrates on the 9th, the 8th and the 3rd. For a company set on staying inside the Bourse perimeter, both brands drop out of the shortlist whatever their merits elsewhere. The full city-wide picture is covered in the ranking of the best operator to rent an office in Paris .
Why the district concentrates so many offices
The 2nd is the smallest arrondissement in Paris by area and one of the densest in office activity. Three factors explain the concentration of supply.
Transport. The Bourse, Quatre-Septembre, Sentier, Grands Boulevards and Réaumur-Sébastopol stations cover metro lines 3, 4, 8 and 9. Saint-Lazare, Opéra and Gare du Nord are around fifteen minutes away. For a team spread across the Paris region, this density mainly cuts the maximum commute, a more decisive indicator than the average, as explained in the guide on where to locate offices in Paris .
The building stock. The Haussmann and Art Deco buildings of the district offer floors of 150 to 700 sqm, dual-aspect and high-ceilinged, rather than towers. That format matches demand from companies of 15 to 60 people, the most contested segment of the market.
Sector mix. Finance and consulting occupy the streets around the Palais Brongniart, while neighbouring Le Sentier hosts the tech ecosystem. The same district allows a company to host a large corporate client in the morning and meet a product profile in the afternoon.
In an area this tight, the displayed rate tells only part of the story. What makes the difference over twelve months is the number of meeting room credits included and how easily the contract can be exited. Two spaces at the same price per desk can carry very different real costs depending on how they are used.
Choosing by team size
1 to 5 people
A desk in a shared space remains the only rational format, and it narrows the field sharply: Deskeo does not offer one. At 280 € excl. VAT per hot desk, the Morning entry point is the lowest in the district, well below the 600 € excl. VAT charged by Hiptown, which does however cover a closed office.
5 to 25 people
This is the most contested segment in the area, and the one where comparison demands the most rigour. A private office becomes necessary as soon as client meetings multiply or confidentiality comes into play. The Deskeo floors on rue de la Bourse and the Morning private offices both target this size, but only the latter allows a budget to be estimated before the first meeting. The trade-offs between formats are detailed in the comparison of a private office versus an open space .
25 to 100 people
Supply tightens. The 695 sqm at Deskeo on rue de la Banque, the 900 sqm at Hiptown on rue Feydeau and the independent floors at Morning are the configurations able to absorb that volume inside the perimeter. At this level, negotiation turns less on the price per desk than on exit terms and on the ability to take on more space mid-contract.
Hybrid teams
When physical presence is limited to two or three days a week, the variable to work on is the number of desks, not the district. Shrinking the footprint rather than moving away from the centre often keeps an address in the 2nd at constant budget, following the logic set out in the flex office guide .
Mistakes to avoid in this district
- Comparing a public rate with a quote. A displayed rate covers a defined service perimeter; a quote is negotiated. The two do not rest on the same basis, and the apparent gap widens or narrows depending on what is included.
- Counting addresses without looking at the model. Nine privatised floors and five buildings in own name are not directly comparable, either in available space or in shared services.
- Overlooking the gap between Bourse and Le Sentier. Two streets can separate a finance environment from a tech one, which changes the make-up of the community on site.
- Forgetting the commitment. A lower entry rate tied to twelve firm months can cost more than a higher monthly rate as soon as headcount moves during the year.
- Treating the registered address as an afterthought. If the address is also to serve as the company’s registered office, the service should be checked before signing, as set out in the guide to a company registered address in Paris .
A four-step decision method
- Map the team and check that the district actually cuts the maximum commute, not just the median.
- Settle the format before comparing addresses: hot desk or closed office. The two markets do not overlap, and one of them rules out half the operators in the district straight away.
- Visit at least three spaces in the area within the same week, in the middle of the day, to judge real occupancy and meeting room availability.
- Reduce every proposal to a full monthly cost per desk, meeting room credits included, then check the notice period before signing.
The Bourse district will never be the cheapest in Paris. For a team of 5 to 50 people it remains the strongest balance point in central Paris between an immediately readable address, transport links that widen the recruitment pool, and enough supply to keep room for negotiation.
Data recorded on 21 September 2026 from the operators’ public websites and geocoded through the French national address database. Availability and rates move quickly in this area.
