Savills recently published the Autumn edition of their ‘European Flex Offices’ report.
They report rising occupancy levels in flex space across Europe; they believe the core driver here is the adaptability flexible space gives occupiers during uncertain economic times. It allows them to trial different company policies when it comes to hybrid working. An additional driver the report looks at is the enhanced service offering occupiers have access to when utilising flexible space. With heightened expectations, businesses are becoming more willing to pay additional rent for enhanced services and amenities as opposed to coordinating this themselves.
Flex contract occupancy rates are back to pre-pandemic levels of over…
You can find out more about the flexible space market and it’s development across Europe by reading the full Savills report, here.