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The Rise of Workspace on Demand
Posted by Insightlink on 12/21/17
In the past 12 months, the global hybrid and co-working office space market has grown an astonishing 18%. That means the market is now twice the size it was back in 2013 and accounts for a third of all flexible space across the world.
But what is driving this growth? John Williams, Head of Marketing at the Instant Group, believes it could be the growing need for workspace on demand.
Workspace on Demand
What is changing in the market?
Beth’s insight goes some way to explain how the average office lease length has decreased from 15 years to just 5.3 years; as operators observe the customer experience and adjust their offers accordingly.
Provision of Hybrid Office Space
This is not just a trend seen in SMEs, 75% of FTSE 100 corporations now have flexible workspaces within their portfolio; as they look to take advantage a hybrid space sense of community while retaining some private spaces for meetings and confidential work.
Landlords Seeing the Value
Digitisation in the Wider Property Market
For more information please contact Lynn Gore at 866-802-8095 ext 705 or visit our website here.
The Instant Group: Flexible Workspace Specialists
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