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How To Adapt Aging Office Spaces For A Modern Workforce

All Work

To stay competitive, aging office buildings must integrate flexible layouts, wellness features, and smart technology. Office leasing trends are shifting and many tenants are favoring new developments, posing significant challenges for older office buildings in maintaining occupancy.

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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.

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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.

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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.

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

Workplace Insight

Together, US cities accounted for 69 percent of overall H1 law firm office leasing activity in the world’s largest legal markets, reflecting the dominance of American firms in the sector overall, as well as the tendency for US legal offices to have a lower occupancy density and thereby requiring more space, according to Savills.

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London’s office market is reshaping the city and the way people experience the workplace

Workplace Insight

London’s office market continues to adapt to evolving workforce demands. The normalisation of hybrid and flexible working since the pandemic remains the biggest cultural shift that the office sector has witnessed in decades. We anticipate a steady incline in businesses leasing flexible workspaces throughout 2024.

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People spending more time in offices in search of social interaction

Workplace Insight

Office workers now spend more time in the office, with the average creeping up to three and a half days per week compared to three days in 2022 , according to a new report from international law firm, Gowling WLG.