Commercial real estate models are changing rapidly to adjust to a new marketplace reality. With almost 50% of corporate occupiers looking to shift some long-term leases to co-working, it is expected that flexible workplace offerings will exceed 10% of all office space within the next 5 years.
In the same way that companies learned to shrink or grow their workforce on-demand with independent contractors and contingent workers, they are now applying the same approach to real estate, opting for pay-as-you-go workplace models like co-working and local working.
SPACE-2 specialise in maximizing potential benefits from this massive shift in workspace demand, away from traditional leases and advising on co-working strategies, reinventing space to accommodate the need for flexibility.
A trend that is not limited to office buildings, opportunities extend to retail units, even residential space. Whether the inclusion of co-working opportunities, shared tenant work-lounges, event space or pre-built suites, we assist in optimising greater flexibility and vibrancy.