Flexible Office for the Evolving Workforce

2023: Flexible Office Demand End Users: Outside of your core portfolio, do you provide your employees with access to flexible office / workspaces?

Increase in Users

• Based on a 2023 CoreNet and C&W survey, nearly half of occupier end users indicate they currently use and/or are planning to grow their use of flexible office. o Current: 39% are currently end user organizations that are providing employees with access to flexible workspaces. This is an increase from 35% in 2021.

2021

2023

10%

12%

37%

25%

27%

52%

Growth: 36% are planning to increase employees’ access to flexible office. This is a drop from 53% in 2021, however, usage has increased.

o

9%

28%

o No Usage: 52% are not currently nor plan to increase access to flexible office. This is an increase over 37% in 2021.

No & NOT planning to increase

No, but planning to increase

Yes & planning to increase

Yes, but NOT planning to increase

Source: Cushman & Wakefield Research; CoreNet Global