The flex-space sector stands out as one of the fastest-growing segments in commercial real estate, with the supply take up currently accounting for ~13% of Grade A office leasing volume.
With over half a million flex seats consumed in the last 5 years, a key shift is being witnessed in this segment, as occupiers increasingly seek tailor-made office solutions. Companies aiming to attract and retain talent in a competitive market, alongside the growing trend of returning to the office, are driving new leasing strategies.
Managed office solutions are at the forefront of this evolution. With the first half of 2024 already accounting for 70% of last year’s total flex-space demand, we anticipate a potential record-breaking year for flex seat leasing.
