Flexible Office for the Evolving Workforce

The flexible office sector has emerged from the pandemic well positioned for future growth. Although economic headwinds can potentially slow growth, the sector will innovate as it has in the past. 1. Nearly 20,000 locations globally, 1 led by Europe and Asia. 2. Regionally, right sizing continued in the U.S. as major European markets added additional space. 3. Globally, 44% of operators attained occupancy rates of 81% or higher in the year ending September 2022. 4. Layoffs and economic uncertainty will impact the sector, but opportunities for growth remain.

CHALLENGES IMPACTING THE FLEXIBLE OFFICE SECTOR

HEADWINDS AND OPPORTUNITIES

1. Coworker, The Instant Group