Demand for workspace in France is up 23% as the recovery of the flexible office market gains momentum.
The pandemic forced companies of all sizes across the region to rethink their real estate strategies and enable hybrid working. Now, employees are demanding more choice in where they work and managers seeking more collaborative and inspiring workplaces.
As a result, businesses are beginning to have a clearer view of the impact of remote working, and the improved economic situation across France is giving them confidence to act on their real estate plans.
Report Highlights:
- Workspace demand is up 23% across France (2021 vs 2020)
- Office space transaction size has increased 87%
- As confidence returns, term lengths have increased by 64%
- Supply grew 3% in 2021
- 32% of flex supply in France is concentrated in Paris
- France remains the 2nd biggest flex market in Europe behind the UK
Download the report at The Instant Group
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