In the last 10 to 15 years, a creative, modern segment with its own dynamic has developed on the office market:
Flexible office space, initially still a niche, quickly became a hype - in CBD locations, corresponding spaces even accounted for up to 20 percent of the total office space take-up. But then the corona pandemic came and informal co-working was no longer possible, at least physically, and the business model was in jeopardy. But it went on anyway. And that was while the corona waves and restrictions were still in effect.
How exactly has the pandemic impacted Flexible Office Spaces operations? How has the flex market changed since then? What has happened on the supply side? This report investigates these questions based on seven facts about take-up of space, prices and operators.
Focal points of the report:
- How is flexible office space developing in the individual top 7 markets?
- What strategies did Flex operators use to hold their ground during the pandemic?
- How is the dynamic industry heading into the future?