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Yardi Kube automates flex and coworking operations
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The Instant Group Launches Operations In Mexico City Amid 163% Surge in Demand

The company’s entry into Latin American markets begins in Mexico City, a city with one of the world’s highest demands for flex desks.

Dominic CatacorabyDominic Catacora
January 12, 2024
in News
Reading Time: 3 mins read
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The Instant Group Launches Operations In Mexico City Amid 163% Surge in Demand

In response to the growing demand for flexible workspaces in Latin America, The Instant Group announced that it is expanding its global presence by entering the Mexico City market.  

The rise in demand for flex spaces in Mexico coincides with a much broader global movement towards workspaces that can support the increasingly digital, mobile, and project-based nature of the modern workforce. The Instant Group reports that flexible workspace demand in the Latin America region is up 29% and that in Mexico City demand has risen by 163% year over year.   

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According to data published by the company, Mexico City ranked as number two in the top 10 cities that saw the greatest number of flex desks requested in 2023. Mexico City is The Instant Group’s first foray into the Latin American markets. 

The full list of major international cities with the greatest demand were: 

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  1. London  
  2. Mexico City  
  3. Riyadh, Saudi Arabia   
  4. Dubai, United Arab Emirates  
  5. Sydney  
  6. Chennai, India  
  7. New York City  
  8. Colombo, Sri Lanka   
  9. Singapore  
  10. Berlin
     

The Instant Group’s CEO Tim Rodber expressed in the announcement that the company’s expansion strategy has led it to establish a presence in diverse markets including Sweden, India, and Africa, and this is a clear indicator that global flexible workspace demand is on the rise.  

The mounting data and expansion announcements also arrive from a list of flex operators including Workspace, IWG, and Premier Workspaces, all representing a fundamental change in how businesses worldwide are approaching collaboration and how companies plan on utilizing physical office space this year. 

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Source: PR Newswire
Tags: BusinessCoworkingCRE
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Dominic Catacora

Dominic Catacora

Dominic Catacora is a Staff Writer for Allwork.space. He is based in Pittsburgh, PA. He graduated from Radford University in 2017 with a Bachelor of Science degree in Media Studies - Journalism. He has previously covered the Historic Triangle as a journalist living in Williamsburg, Va, and is now focused on writing related to the future of work.

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