Flex Space goes beyond
A Portrait of 12 Secondary Cities
September 25, 2019
In the summer of 2019, flexible offerings from coworking to hybrid models are still highly topical for the office property market. In a market environment which is characterised by a shortage of space, the operators are renting ever more space. New locations are opening almost every week. While growth continues in the Big 7, more and more operators are also taking aim at secondary markets.
The study analyses flex space expansion in twelve secondary cities and the profitability of the “Flex Space” locations by comparing revenues with leasing costs.