• Events
  • Marketplace
  • Resources
  • Press Releases
  • Business Directory
  • About Us
  • Advertise
  • Contact
The FUTURE OF WORK® since 2003
Allwork.Space
Subscribe
  • All Topics
    • Business
    • Biophilic Design
    • Career Growth
    • Coliving
    • Collaboration
    • Coworking
    • CRE
    • DE&I
    • Digital Nomads
    • Future of Work
    • Home Office
    • Human Resources (HR)
    • Hybrid Work
    • Investment
    • Leadership
    • Marketing
    • Mental Health
    • Mergers & Acquisitions
    • Office Furniture
    • Productivity
    • PropTech
    • Remote Work
    • Self-care
    • SMBs
    • Social Impact
    • Space-as-a-Service
    • Technology
    • Virtual Office
    • Work-life Balance
    • Workforce
    • Workplace Design
    • Workplace Wellness
  • News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • Marketing
  • CRE
  • Podcast
  • More
    • Advertise With Us
    • Marketplace
    • Events
  • All Topics
    • Business
    • Biophilic Design
    • Career Growth
    • Coliving
    • Collaboration
    • Coworking
    • CRE
    • DE&I
    • Digital Nomads
    • Future of Work
    • Home Office
    • Human Resources (HR)
    • Hybrid Work
    • Investment
    • Leadership
    • Marketing
    • Mental Health
    • Mergers & Acquisitions
    • Office Furniture
    • Productivity
    • PropTech
    • Remote Work
    • Self-care
    • SMBs
    • Social Impact
    • Space-as-a-Service
    • Technology
    • Virtual Office
    • Work-life Balance
    • Workforce
    • Workplace Design
    • Workplace Wellness
  • News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • Marketing
  • CRE
  • Podcast
  • More
    • Advertise With Us
    • Marketplace
    • Events
No Result
View All Result
Allwork.Space
Nexudus Ad
Home News

The Flex Market Is Making Its Comeback

Aayat AlibyAayat Ali
March 30, 2021
in News
Reading Time: 1 min read
A A
The Flex Market Is Making Its Comeback
Share on FacebookShare on TwitterShare to Network
Switch Now to OfficeRnD Flex and Keep 2023 Pricing

Around a year after the pandemic cut leasing volume by 92%, flexible workspaces are preparing to rebound.

According to a new report from JLL, the industry saw a steady rise in growth between 2014 and 2019. However, the characteristics that these spaces were once loved for became their Achilles’ heel during the pandemic.

Papaya Global - Payroll Platform

Still, there are indications that the sector is emerging from the hole that was 2020. For instance, WeWork recently announced it would be going public via a special purpose acquisition company (SPAC), allowing it to fund its growth plans.

In addition to this, companies are strategizing their post-pandemic models that largely include hybrid arrangements, allowing workers to work from home and in the office. This means that the need for flex space will likely grow.

“This is more meaningful than a shifting of deckchairs,” said Ben Munn, managing director of flex space at JLL in the report. “Companies and investors are taking a different view on flex space entirely and are willing to invest because they see this as a bigger proportion of the overall office market than it is currently.”

Munn anticipates that the flex market will return to growth in the second half of this year, with flex space operators making their own business model changes, such as management agreements, in order to become more sustainable.

Tags: daily_digest
Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

No Result
View All Result
Yardi Kube IT Management
FlexJobs logo
Later - Turn followers into customers
1Password - Start Today

Latest News

U.S. Consumer Spending Dip Could Indicate Cooling Labor Market

U.S. Consumer Spending Dip Could Indicate Cooling Labor Market

November 30, 2023
Skill-Based Education Gains Traction Among Gen Z, Redefining Career Readiness

Skill-Based Education Gains Traction Among Gen Z, Redefining Career Readiness

November 30, 2023
Does Remote Work Produce Less Breakthroughs and Innovation?

Does Remote Work Produce Less Breakthroughs and Innovation?

November 30, 2023
Spain Emerges as the Number One Haven for Digital Nomads

Spain Emerges as the Number One Haven for Digital Nomads

November 29, 2023
Hybrid Workspaces Transform Dubai's City Centre Deira

Hybrid Workspaces Transform Dubai’s City Centre Deira

November 29, 2023
IWG Moves into the Chicago Suburbs

IWG Moves into the Chicago Suburbs

November 29, 2023

News and Features

Business

Tech

Marketing

Design

Work-life

CRE

Coworking

Workforce

Daily Digest

Podcast

Resources

Marketplace

Events

Press Releases

FlexSpace, Coworking
and Office Space

Los Angeles

New York

Chicago

Washington, D.C.

Houston

Dallas

Miami

San Francisco

Atlanta

Philadelphia

Seattle

Austin

Company

About Us

Submit to Allwork.Space

Contact

Advertise

FlexSpace

Terms Of Use

FlexSpace FAQs

Privacy Policy

Connect with Allwork.Space

Twitter

Linkedin

Facebook

Instagram

YouTube

Apple Podcasts

Spotify

Google Podcasts

©2023 Allwork.Space  l  Exploring the FUTURE OF WORK® since 2003.

No Result
View All Result
  • Home
  • News
  • Topics
    • Business
    • Leadership
    • Work-life
    • Workforce
    • Career Growth
    • Design
    • Tech
    • Coworking
    • Marketing
    • CRE
  • Experts
    • Podcast
    • Opinions
  • Resources
    • Research + Reports
    • Marketplace
    • Find Office Space
    • Find Remote Jobs
    • Press
  • Events
  • About Us
    • Advertise
    • Submit to Allwork.Space
    • Contact
Subscribe

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00