Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}

flexible workspace operators offer more central locations and virtual events

19/11/2020

The current decline in economic activity and a marked increase in teleworking, has meant coworking and flexible workspace operators have significantly scaled back their acquisition programmes, a drop in volume that is in line with the office sector in general.

In 2020, a total of 9,120 sq m have been transacted in Barcelona and 2,427 sq m in Madrid - a decrease of 87% and 96% respectively, according to the insight which focuses on analyzing survey results on flexible workspaces prepared by Cushman & Wakefield, and the flexible workspace association, ProworkSpaces.

"The fall in space acquisition is due to the context in which we find ourselves and the boom in the sector in recent years, which means that the flexible workspace market is entering a state of maturity where it is necessary to make the spaces profitable", says Ramiro Rodríguez, Head of Research of Cushman & Wakefield in Spain.

"Flexible workspace operators have demonstrated from the outset of the pandemic a great capacity to adapt to market changes and a remarkable ability to offer their customers what they need at all times, following strict security measures and maintaining affordable costs to ensure their members can maintain their business activities ”, explains Eduardo Salsamendi, president of ProworkSpaces.

MEDIA CONTACT

Jenny Pizarro
Jenny Pizarro

Partner, Head of Business Development • Barcelona

RECENT NEWS

Nueva-Incorporacin-Retail-High-Streets
Elena Fernández and Marta Goñi join the Retail High Street team

The real estate consultancy Cushman & Wakefield has just announced the incorporation of Elena Fernández as an associate and Marta Goñi as a senior consultant to the Retail High Street team in Spain.

Jenny Pizarro • 08/07/2022

CW-Sector-Moda-record-ventas-2021
The fashion sector, the main lever for the growth of Retail in Spain and Europe

The real estate consultancy Cushman & Wakefield has analyzed the more than 2,500 rental operations advised by the company closed in 2021 in the main European markets.

Jenny Pizarro • 08/07/2022

More InsightS

Default Alternate Text: "Orange duotone of workers on sofas talking informally
Research • Office

Spain Flexible Workspace Report 2021

Office work is essentially intellectual and this, in turn, is the main asset of the modern enterprise.
Javier Bernades • 22/10/2021
XSF 5 (image)
Insights • Workplace

Encourage the In-Office Experience Boost

Encouraging employees at all levels to be in the office frequently helps them achieve a boost in their engagement and experience.
Javier Bernades • 28/06/2021
052021RTWActiveRecoveryDA03WebCardnew
Insights • Workplace

Leading an Active Recovery to Build the Best Workplace Experience

Leading an Active Recovery shows how an Agile approach can engage the C-suite in real estate decisions that balance the codependent – and often contradictory – needs for efficiency, effectiveness and engagement.
Javier Bernades • 10/06/2021

CAN'T FIND WHAT YOU'RE LOOKING FOR?

Get in touch with one of our professionals.
With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Cookies.
MORE OPTIONS
Agree and Close
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS