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Insights

Flexible Office for the Evolving Workforce

The following report examines the current state and the expected future of the flexible office sector for landlords, occupiers, and operators / providers across five themes.

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Trends Impacting the Flexible Office Market

Employee preferences for hybrid work have led to a shift in office space utilization. This trend continues in 2023 as occupiers explore ways to attract employees back to the office. Employees ultimately view the office as a space for collaboration and socializing, both key characteristics of flexible office spaces. As a result, occupiers are frequently using flexible office options as a tool to manage their footprints and attract workers to the office.  

1/  Return to Office Reshapes Office Sector 
2/  Evolution of The Flexible Office Sector: Occupiers
3/  Leveraging Flexible Office Opportunities: Owners 
4/  Adapting to Paradigm Shifts in Flexible Office: Providers 
5/  Challenges Impacting the Flexible Office Sector 

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.
Hybrid work has significantly changed how occupiers view flexible office solutions. Owners have taken note of successful flexible office utilization and are adjusting their models to meet the evolving requirements of occupiers.
As user preferences evolve, providers have remained nimble and recalibrated their flexible office offerings to meet changing demands, like increasing membership options and access. One of these options includes space aggregators, which bring together providers in one network, improving access to flexible office spaces for both employees and occupiers.
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Read more about these themes and what to keep an eye on for the future of flex in the full version of the report.
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Authors

Sandy Romero New York Research
Sandy Romero

Head of Life Sciences & Healthcare Insights, Research Manager
New York, United States


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Emma Swiinerton - London
Emma Swinnerton

Head of Flexible Workspace, EMEA
London, United Kingdom


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David C Smith (image)
David Smith

Head of Americas Insights, Global Research
Atlanta, United States


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Ethan Tribble
Ethan Tribble

Research Analyst, Global Research
Houston, United States


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