article thumbnail

The Future of Office Leasing: Shorter Commitments and Increased Flexibility

Yarooms

Nor their overall need for office space square footage. Research shows that by 2030 demand for office space will be 20% lower than it was in 2019 (and that’s the optimistic scenario). Research shows that by 2030 demand for office space will be 20% lower than it was in 2019 (and that’s the optimistic scenario).

article thumbnail

Landlords Have A Surprisingly Strong Impact On Return To Office Success

All Work

The key to accommodating current trends involves flexible, shorter-term leases with fully fitted spec suites, allowing quick and cost-effective customization. Then there’s the fact that each individual has the flexibility and control to be able to set up their workspace in the way they want it. Flexibility is key.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Flexible workspace market will be worth up to $50bn by end of decade

Workplace Insight

According to a new market intelligence report , the worldwide flexible workspace market could exceed between 35 and 50 billion US dollars by 2030, reflecting the growing demand for flexible and agile work environments. The increase in remote working worldwide is a key driver poised to propel the growth of the flexible workspace market.

article thumbnail

Office Leasing Simplified: Comparing Coworking with Traditional Office Options

Launch Work Places

Office leasing has evolved over the decades, and businesses today have options that were virtually unheard of ten years ago. The current professional landscape is largely rooted in flexibility and adaptability, and office leasing trends are following suit.

article thumbnail

US law firms make up two thirds of global law firm office leasing activity

Workplace Insight

New York accounted for a third of all leasing activity globally in the legal sector in the first half of 2024, says Savills , equating to over 1.4 The sector, already ahead of other professional service sectors in its adoption of AI, is trending to smart technology that optimises office utilisation and facility management.

article thumbnail

Top 10 Reasons You Should Try Thrive Workplace

Thrive Workplace

In today’s dynamic work environment, Thrive has emerged as a game-changer for small businesses and freelancers seeking flexibility and cost-efficiency. Here’s 10 reasons why you should consider making the switch from a traditional office to Thrive Workplace today!

article thumbnail

Office lease lengths may be decreasing but majority of firms will increase their footprint

Workplace Insight

Responding to reports from property management platform, Re-Leased, that UK office lease lengths has fallen to the lowest on record and that vacancies rates had soared, office designers Unispace are suggesting firms should be wary of making ‘rash decisions’ regarding their office footprint over the long term.