The State of Flex
The ever evolving relationship between people and their place of work means office space needs to operate in a flexible manner.
Flex means much more than short term agreements to occupiers. Flex allows business to focus on their core business, to grow and to work in a safe and collaborative environment. Flex also allows landlords to rethink how they deliver best in class experiences to their occupiers.
What are we hearing
from the market?
- Occupiers are rethinking their existing and future real estate needs
- Workplace choice is a key recruitment & retention tool – the modern workforce expects this
- Rent premiums for Flex office taken in exchange for agility and reduced CapEx
- Operational, health, safety, occupancy standards are driving business decisions
- Landlords are rethinking their spaces with a focus on delivering services and experiences
- Asset managers have put a greater emphasis on technology and hospitality-driven solutions
Portfolio allocation scenarios
COVID-19 has accelerated changes that were already underway for enterprises.
THERE IS NO ONE SIZE FITS ALL MODEL
The HUB workplace | real estate and workplace strategies
Traditional headquarters
Majority at central location, minimal remote, no desk sharing.
Central hub
Majority at central location, majority remote, robust technologies.
Hub & spoke
Some at cental location, some at flexible locations, some remote, established policies.
Fully remote
No locations, all remote, collaboration performed virtually.
CRE CLIENT-CENTRIC OPPORTUNITY
Evolution of supply… flex lives on the tail
