demand for more flexible leasing would increase in the future.
In 2022, half of surveyed office landlords, fund/asset managers, REITs, and private owners in the United Kingdom (UK) said that they would be comfortable letting 10 to 25 percent of an office building as flexible office space. Flexible office space refers to office space that allows short-term leases to individuals, freelancers, small and medium enterprises, and other professionals. In contrast to traditional offices, flexible offices provide equipped and serviced office premises without long-term rent commitment. The majority of office real estate professionals also shared that they expect that Share of office building that office landlords would be comfortable letting as flexible workspace in the United Kingdom (UK) in November 2020 and June 2022
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Statistics
Savills. (July 25, 2022). Share of office building that office landlords would be comfortable letting as flexible workspace in the United Kingdom (UK) in November 2020 and June 2022 [Graph]. In Statista. Retrieved May 19, 2024, from https://www.statista.com/statistics/1264316/office-landlords-opinion-on-share-of-flexible-office-space-uk/
Savills. "Share of office building that office landlords would be comfortable letting as flexible workspace in the United Kingdom (UK) in November 2020 and June 2022." Chart. July 25, 2022. Statista. Accessed May 19, 2024. https://www.statista.com/statistics/1264316/office-landlords-opinion-on-share-of-flexible-office-space-uk/
Savills. (2022). Share of office building that office landlords would be comfortable letting as flexible workspace in the United Kingdom (UK) in November 2020 and June 2022. Statista. Statista Inc.. Accessed: May 19, 2024. https://www.statista.com/statistics/1264316/office-landlords-opinion-on-share-of-flexible-office-space-uk/
Savills. "Share of Office Building That Office Landlords Would Be Comfortable Letting as Flexible Workspace in The United Kingdom (Uk) in November 2020 and June 2022." Statista, Statista Inc., 25 Jul 2022, https://www.statista.com/statistics/1264316/office-landlords-opinion-on-share-of-flexible-office-space-uk/
Savills, Share of office building that office landlords would be comfortable letting as flexible workspace in the United Kingdom (UK) in November 2020 and June 2022 Statista, https://www.statista.com/statistics/1264316/office-landlords-opinion-on-share-of-flexible-office-space-uk/ (last visited May 19, 2024)
Share of office building that office landlords would be comfortable letting as flexible workspace in the United Kingdom (UK) in November 2020 and June 2022 [Graph], Savills, July 25, 2022. [Online]. Available: https://www.statista.com/statistics/1264316/office-landlords-opinion-on-share-of-flexible-office-space-uk/