Organizations and individuals lease flexible workspaces for periods shorter than traditional business office leases, including month-to-month rolling rentals, 12–24-month contracts, or personally tailored arrangements to meet the tenant’s needs. Opportunities for flexible workspaces focus on property services and ICT solutions and services.
The maturity of the flexible workspace market, particularly in certain cities, in combination with the rapid rise of pandemic-related needs, has been driving market demand. This trend is backed by the emergence of numerous start-ups and greater appreciation for industry incumbents that offer flexible workspaces as a real estate strategy.
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