Industry insights

Companies are increasingly realigning their real estate with their agile workforce. Demand for flex space across Benelux is forecast to reach record levels in 2022 and is showing no sign of slowing down.

Demand for flexible workspace on The Gold Coast & Sunshine Coast up by more than 50%

Flexibility is increasingly becoming a key strategic driver for businesses, in terms of future planning and gaining an edge in talent attraction. Our latest research shows that demand for flexible workspace is up 22% across the UK in 2021 y-o-y, with regional cities taking to the stage.

Our latest research shows that demand for Hong Kong’s flexible workspace has remained resilient against the pandemic, with demand for flex space in 2021 up 22% from pre-pandemic levels (2019).

Demand for flex workspace is up 58% when compared to pre-pandemic level across the US with Miami outpacing all other cities with demand growth increasing 143%. Long-established corporate powerhouses such as New York City and Chicago are yet to fully recover but new business hubs such as Tampa and Houston are starting to emerge and outpace traditional commercial hotspots.

The flexible office market in Israel has not only stabilized, but it has emerged from the pandemic in a stronger position than ever. Being the first country in the world to start vaccinating, this accelerated its reopening and Israel is quickly regaining a sense of normality.

The recovery of the flexible office market in France is gaining momentum, with workspace demand up 23% across the region. Read our 2022 flex market review to find out more.

Our latest research shows that demand for flex space from tech companies in Singapore increased by 14% in 2021 when compared to 2020. A trend that Instant expects to continue to increase throughout 2022.