Flexible Office for the Evolving Workforce

Providers Respond to Evolving Occupier Preferences As the workplace evolves, providers are evolving to meet their clients' changing needs.

Type of Membership Offerings is Key • Flexible office providers are offering a wider array of memberships to meet a diverse group of needs following the pandemic. • As more employees prefer hybrid schedules, workers are placing a high value on connecting with others. Providers are helping achieve this by changing office densities, including adding open layouts that encourage collaboration. • Providers are facing challenges when trying to balance implementing new capital expenditures and rising operational costs. However, most prefer to make the expenditures to deliver quality options to their users. They plan to offset costs by raising prices.

Offering new types of memberships

33%

Reinvesting and redesigning fit-outs and layouts

26%

Change the densities of office space

17%

Investing in New Technology

14%

No changes are being made

10%

0% 5% 10% 15% 20% 25% 30% 35%

Source: The Instant Group; Summer 2022 Future of Flex Survey