- Hub Australia, a flexible workspace operator based in Australia, has signed global biotech firm Amgen to its new location in Wynyard, Sydney.
- The pharmaceutical giant is the latest corporate client to utilize Hub Australia’s flexible workspace offering.
- In a move that demonstrates how corporate firms are using flex space to embrace hybrid work, Amgen will have its own custom-built private workspace as well as access to Hub Australia’s communal amenities and perks.
Australia-based flexible workspace operator, Hub Australia, announced this week that Amgen, a global biotech company, has become its latest corporate client. Amgen will move its offices into Hub Australia’s Wynyard location.
Hub Australia will provide Amgen with a custom-built private workspace to accommodate Amgen’s Sydney-based employees.
“We are delighted to be welcoming Amgen into the brand-new Hub Wynyard premium flexible workspace, in a move that signifies an exciting milestone for the pharmaceutical industry. Amgen paves the way for other global corporates to evolve their operations and embrace hybrid work styles from bespoke and premium third spaces, such as our hospitality-led offering within the new Brookfield Place. We firmly believe this will be a permanent demand beyond the pandemic into the future.
“We’ve already received significant inquiry for Hub Wynyard from larger companies that are beginning to recognise the need for flexible workspaces to attract and retain talent in a very competitive environment. We’ve deliberately designed Hub Wynyard to accommodate for businesses of all sizes: from startups, to scaleups and more enterprises like Amgen,” said Brad Krauskopf, CEO of Hub Australia.
In addition to workspace, Amgen employees will have access to all of Hub Australia’s communal amenities and perks.
Corporate Demand for Flexible Space Expected to Increase
Recent reports predict that corporate demand for flexible workspace will continue to increase in the short and long-term.
Research from The Instant Group found that “Larger companies are increasingly driving demand for flex workspace, whether that be for head offices, satellite offices, or local drop-in spaces.”
Research from Savills echoed The Instant Group’s findings.
“Speaking to Savills, Orega’s Zach Douglas noted that many companies are turning to flex space because they are ‘unable to plan for a longer period and see the five-year lease as an eternity’, while FORA’s Enrico Sanna added that, coming off the back of an unprecedented global health crisis, companies are looking for flexible tailored solutions that ‘can cater to their evolving needs’.”
While there is certainly an opportunity for growth, research has found that only a handful of flexible workspace operators are well-positioned to meet the requirements of large enterprises.
