The year 2023 has proven to be highly successful for managed flexible and co-working spaces, witnessing a significant resurgence in demand following the setbacks experienced during the COVID-19 pandemic. This revival has outpaced the available supply, marking a recovery in the flexi space market.
The growth of flexible workspaces is back on a positive trajectory, and 2024 is poised to be a transformative year for the flex office segment. Key trends expected to drive growth in the sector include the evolution of business models, heightened investor activity, and demand from domestic as well as international companies.
Technology-enabled services, with a focus on AI, will take center stage in shaping the future of flexible spaces. Customized solutions will be integral to managed flexible spaces, with the expectation that the segment will maintain its upward trajectory in 2024 and beyond.