It's possible that most lawyers aren't out of the office enough for a law firm to benefit
from flexible office space arrangements.
Flexible office space provider Knotel has been rapidly expanding its network in New York and San Francisco, while co-working start - up Industrious in February raised $ 80 million to double its number of sites to up to 60 this year.
«The traditional workspace is being redefined in gateway cities across the globe, as evolving business practices increase demand
for flexible office space,» said Anthony Myers, Blackstone's head of European real estate.
Having spent the past 15 years at Regus, one of the world's largest providers
of flexible office space with 2,000 global locations, Michael F. Berretta, the company's vice president of business development for the Americas, has seen the evolution of the flexible office model firsthand.
The lack of new development in the aftermath of the global financial crisis, coupled with strong demand from
flexible office space companies like WeWork Co., has kept rents high even as political uncertainty causes economic growth to slow.
Steve Marsden and James Hennessy, both of whom have many years» experience working for office search, business centre and meeting venue companies, co-founded Domain Office Search to help business owners
find flexible office space in London and across the UK.
Commercial real estate is in flux and no one knows what the industry will look like in a decade, but sitting around won't help the outcome, said Jonathan Iger, chief executive at the family - owned William Kaufman Organization (WKO), founded in 1924, which has launched its
own flexible office space concept.
Co-founder Lloyd Dorfman expressed that «the referendum result was good
for flexible office space,» in a recent online publication.
«Our overall economy is shifting toward small businesses, where there is net growth, resulting in increased demand for
flexible office space,» says Andrea Foertsch, author of Workplace Innovation Today: The CoWorking Center.
The number of enquiries for flexible workspace in Australia have tripled in just two years, while co-working and
flexible office space has grown by up to 36 % in five years.
With these spaces providing a variety of amenities, while being creative in their provision of networking events and working hard to engage with their occupier base, it's of little surprise co-working spaces in New York has grown to over 47 % of
the flexible office space market.»
If you're after hot desks or
some flexible office space, then you should check out Nest Space and By The Sea.
In fact, it's an attractive selling point as these staged offices are geared towards small businesses that are focused on growing and don't have the expertise or time to facilitate building out a functioning and
flexible office space.»
In January 2018, Brookfield Asset Management and Onex Corp, Canada's largest asset manager and private equity firm, respectively, bid on IWG Plc,
a flexible office space provider.