CBRE's EMEA Research and A&T teams are pleased to present our inaugural flexible office report, The Flexible Revolution.

Four main insights have emerged:

  • Fundamental shifts in technology, economy and corporate behaviour have affected how corporates approach their real estate decisions. This has caused the increase in number, variety and quality of flexible offices in the market, which are tapping into latent occupier demand.
  • There are four key areas where corporate attitudes towards flexible offices differ from those of entrepreneurs and start-ups (who are commonly perceived to be the main users of flexible office space) covering: vibe, scale, model and cost.
  • Corporate occupier sectors sit on a scale between early stage and advanced when it comes to their current and future use of flexible offices. There is scope across this spectrum for landlords to adapt their current office products to meet occupiers’ changing needs.
  • Three models are emerging which landlords can use to access the flexible office market: the traditional lease model, platform model and profit/revenue share model. Regardless of which model investors pursue there are valuation implications, but it appears all future office buildings to some extent will have some sort of flexible space offering.