Flexible Office Spaces in the Post-COVID World

It now seems clear that some type of hybrid model that balances remote and in-office work will be ideal for many, and perhaps, all the market itself will be able to absorb once the pandemic is over. But what about the workplace?

Well, while demand for co-working spaces may grow in the short-term, as organizations attempt to sort out their property’s needs, traditional landlords are likely to see growth too. Many companies have been reducing the cost of their assets in recent quarters; many have had to downsize. Over the longer term, however, the expectation is that they will rebuild, and we may see a significant increase in their size.

When this happens, a flexible portfolio is an excellent trend to follow: it will allow them to adapt, reduce real estate risk and solve the issue of long commutes, to which many workers are unwilling to revert.

Many businesses fail to take full advantage of the flex-space market, yet with such endless potential, it is crucial to understand how to utilize it effectively, especially as we begin to see post-COVID reality taking shape.

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