Flexible space can be open-plan, but it can also include small, enclosed offices, or even whole floors. JLL are specialists in flexible office spaces, we work with many of the largest and most innovative providers of flexible coworking office space across Australia. JLL Research predicts flexible space demand will continue to increase as a result of COVID-19, although in a different form than it took before the pandemic. The flexible space market experienced significant changes as a result of the COVID-19 crisis, immediately reducing the need for short-term desks. While there are short, medium and long term implications The demand for flex space will continue to increase due to COVID-19, as the need for a more agile portfolio strategy and employee mobility options expand What the future holds for flexible space in a fast-paced world affected by the pandemic | JLL In the last few years we have seen exponential growth in both the number of operators and the volume of space they are occupying – in Central London we now estimate the total flexible office landscape to encompass over 7 million sq ft across more than 60 providers, accounting for 3.2% of all office stock. “Flexible office space helps them to attract specific talent pools, particularly younger generations, who tend to favour a less traditional corporate office setting while meeting the requirements of specific teams in areas such as digital or product innovation,” says Tom Carroll, Head of EMEA Corporate Research at JLL. The growing proportion of flex space – JLL expects 30 percent of all office space globally to be flexible in some form by 2030 – means fewer long leases. The demand for flex space will continue to increase due to COVID-19, as the need for a more agile portfolio strategy and employee mobility options expand What the future holds for flexible space in a fast-paced world affected by the pandemic | JLL To discover how to make the most of this development on your investment strategies, read on. flexible space. Headquartered in London, Hubble is the online platform for flexible office space and marks the first European investment for JLL Spark. JLL’s latest research shows the need for flexible space is not only here to stay, it’s likely to increase. Your job seeking activity is only visible to you. Adaptable spaces, flexible leases, tech adoption and sustainability to drive the regional property market in 2021 JLL has shared insights on the property trends which are expected to drive Middle East’s real estate industry in 2021, at its annual outlook event. This can be co-working spaces, serviced offices, or liquid space, available on the open market. Although that remains a way off, its latest research suggests that larger corporates will increasingly embrace flexible space in the next three to five years. What is flexible space? This increased demand from large enterprises will support the growth of the flexible space market to more than 50 mn sq ft by 2023, JLL’s Reimagine Flexspaces A 360⁰ view has said. It can be managed by specialist operators, individual landlords, partnerships between the two, or in the case of liquid space, … Vincent Lottefier, a veteran executive of JLL offices across Europe and Asia, will enter the role of chief strategy officer at Upflex, a global marketplace for coworking and flexible office space . Repurposing office space. Find office space Move into your first office, find a new one with room to grow, or develop a complete location strategy. While the market for flexible space is growing rapidly – JLL predicts that in Europe, it will grow by an average of 25 to 30 percent a year in the next five years, adding up to 7 million square meters of flexible office space - some companies with traditional business cultures remain cautious about bringing in new ways of working and the tech that will enable it. 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