By 2030, flexible spaces for work will account for up to 30% of office portfolios for some tenants
Flexible spaces to work on a rising tide
The business hubs of Europe - London, Amsterdam, Dublin, Berlin or Copenhagen lead the way in flexible space volume. At the end of the last decade, as a result of the global financial crisis, the number of self-employed people increased there, which generated a need for flexible offices.
Anna Bartoszewicz-Wnuk, Head of Workplace Advisory, JLL
The sector of flexible work spaces is extremely diverse. This is due to the fact that it is driven both by local operators from particular markets and by large international brands, which continue to expand. Today we also see increasing activity on the part of developers and owners of office buildings, who create their own flex platforms.
Mateusz Polkowski, Head of Research & Consulting, JL
Diversification – the key word
The European office market, although in great shape, must be prepared for temporary downturns. Flex space operators ought to bear in mind such a situation as well. Interestingly, this industry has never been tested by a global slowdown or financial turmoil due to its relatively young age.
Mateusz Polkowski, Head of Research & Consulting, JLL
The challenges resulting from the developing employee market are addressed by flex spaces which are a great option for increasingly mobile young people looking for innovative spaces for work. It is worth remembering a number of additional elements that flex operators offer. These include, for example: various event options that contribute to building a sense of community around a given office space. This is something that an increasing number of employers look for, as it allows an organizational culture to keep up with the times.
Anna Bartoszewicz-Wnuk, Head of Workplace Advisory, JLL
