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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).

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Landlords Have A Surprisingly Strong Impact On Return To Office Success

All Work

On the other end of the spectrum — and my crosshairs are hovering over Canary Wharf here — there are the big corporations that are stuck with infinitely long, very pricey office leases that need to be validated. The commercial office space industry, especially in London, needs to adapt to more flexible leasing arrangements.

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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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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.

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Top 10 Reasons You Should Try Thrive Workplace

Thrive Workplace

Here’s 10 reasons why you should consider making the switch from a traditional office to Thrive Workplace today! LOW COSTS Thrive offers a budget-friendly alternative to traditional office leases. Traditional offices often come with long-term commitments and hidden costs, such as utilities, maintenance, and furnishings.

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London office market sees sharp decline in leasing activity

Workplace Insight

The London office leasing market kicked off 2024 with a significant downturn, according to a new report from Devono. After a strong end to 2023, leasing activity plummeted by 45 percent in the first quarter, with only 2.3 million sq ft of space leased.

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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.