Flexible Office for the Evolving Workforce

A broader return to work in the last year has amplified flexible work trends, and persistent worker preference for location flexibility has led to shifts in how occupiers and landlords think about office space. Three trends in today’s office market are beneficial for the flexible office sector: 1. Prevalence of hybrid workplace ecosystems requiring greater flexibility for employers and office workers, including meeting and drop-in spaces. 2. Importance of high-quality amenitized space of which flexible office can be an offering. 3. Reduction in office lease size which is creating occupier need for on-demand third-party meeting space in or near leased office space.

WHAT THE PERSISTENCE OF HYBRID WORK MEANS FOR FLEXIBLE OFFICE DEMAND RETURN TO OFFICE RESHAPES OFFICE SECTOR