Global Serviced Office Review 2011

Our first large-scale piece of research into the serviced office sector, covering all key global markets.

Since Instant Offices was founded in 1999, we have transacted tens of thousands of enquiries for flexible office space in over 100 countries around the world. During this time, we have collected a wealth of information about the flexible office sector, which has only evolved to its current form within the past 15 years or so.

The sector has suffered though from a lack of quality data tracking its enormous growth over these years. The aim of this report is to begin to rectify this and provide clarity on the changes that have taken place in one of the most exciting and dynamic additions to the commercial property world.

Global SO 2011

The world’s 50 largest serviced office markets are fairly evenly distributed among the world’s four regions with 12 markets in the United Kingdom, 15 in the Americas, 13 in EMEA, and 10 in the Asia Pacific region. These 50 markets have a combined total of 2,523 centres or 46% of the world’s total.

Over the past three years the total number of centres in the top 50 markets has grown by 19.5% – slightly faster than the global market over the same period (18.5%). The most impressive growth was between 2005 and 2008, when centre growth increased by 45% in these markets.


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