In 2015 we predicted that up to 30% of corporate portfolios could be co-working or flexible space by 2030. In 2017 alone, Europe’s total flexible space footprint grew by 24% and is predicted to grow by up to 25-30% per annum over the next five years.
But will flex space ultimately remain a small part of the market or be a major phenomenon that will impact on wider supply and demand and completely redefine the office market?
If it becomes mainstream what are the hard questions that investors will have to deal with? What role can or should this type of space play in your business. Should you be embracing the trend or actually avoiding it? Is there one approach that is better for you and how far should you go?
There is of course no ‘one size fits all’ so evaluating the data that shapes the big picture is critical in helping you assess the risks and rewards to plan ahead and achieve your investment ambitions.
To find out more visit: flexspace.jll.com