Savills recently published the results of their Landlord Flex Survey, looking at the importance of the office and future prospects.
As the pandemic has progressed, the perception of how people will return to the office has evolved and while acceptance of working from home has increased, the importance of the office has also been reinforced. Businesses know the office is still important for maintaining the right culture, and employees still see its value in terms of collaboration, mentoring and networking. A hybrid model of home and office working has emerged, for which the flexible workspace market has a major role in delivering.
And landlords have obviously seen this potential. 62% are optimistic towards the flexible office sector, and while 29% already operate a flexible offer, a further 29% would ‘like to’ or ‘are planning to’. But this doesn’t mean landlords are looking to go it alone. Nearly a third consider a flexible workspace operator as important, while another third consider the presence of an operator as a ‘nice to have’.