Flexible Office for the Evolving Workforce

EVOLUTION OF THE FLEXIBLE OFFICE SECTOR

The flexible office sector has evolved significantly over the last decade. 1. User base is diversifying : It began primarily as a freelancer and startup community that catered to individual users with hot desks, monthly plans and happy hours. It has since evolved to include corporate occupiers. 2. Hybrid work has impacted user needs : Users are changing how they utilize space, increasing their preference for meeting spaces which impacts the memberships they select. 3. Lease structures are evolving : Occupiers are looking for increased flexibility in their leases which benefits flexible office.

OCCUPIER UTILIZATION OF FLEXIBLE OFFICE EVOLVING