Demand for flexible workspace in Asia-Pacific has outstripped global markets.
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The flexible workspace market has grown faster in Asia-Pacific than any other destination in the world in the last 12 months, with the only inhibitor to growth being a lack of space for expansion.
Of the ten largest global markets for flexible office space, which incorporates co-working, executive suites, serviced offices and hybrid space, six now fall within Asia-Pacific. Increasing demand from clients has seen the supply of space increase by 16% over the last year, with an estimated 8,600 centres now offering flexible office solutions across the region.
With such rapid expansion of flex space in a short amount of time, start-ups and international firms have an excellent opportunity to set up in the very central locations of what is traditionally known as one of the most expensive markets for office space in the world.
Using proprietary data and insights from having sold in the region for more than ten years, our new report presents the first comprehensive review of Asia-Pacific’s flexible workspace market, key areas, and its future. Request it to learn more about:
- The top 20 APAC cities
- Average desk prices across the region
- Market supply and demand
- Key trends
- The landlord and operator approach
- What’s next
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