Our “Future of Flex” survey includes insights from over 200 flex space providers and our extensive data on flexible workspace supply, demand and transactions.
We’ve analysed the flexible workspace market, breaking down key trends and data to provide essential insights for providers. With 60% facing rising operational costs and inflation, our analysis reveals significant shifts in flex space demand, including a notable 19% increase in Q3 2023.
Our research also highlights a 32% growth in the average size of space requirements year-on-year, underscoring the growing dependence of larger businesses on flexible solutions for rapid portfolio changes.
The report also examines the balance of supply and demand, noting a post-COVID demand spike driving new supply, potentially leading to an oversupply in markets like San Francisco.
In this evolving environment, our report emphasises the crucial role of people-first hospitality, a standout feature in a sector where 53% of operators aim to increase their footprint within the next two years, and 60% of landlords expect flexible spaces to comprise at least 20% of their portfolios by 2030.
Download the full report from The Instant Group for a comprehensive understanding of these trends.
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