Mumbai, 9 th November 2020: JLL today launched a report titled JLL’s “Reimagine Flexspaces A 360⁰ view” which highlights that the current market penetration of flex spaces into India’s total office stock stands at 3.0%. This can be co-working spaces, serviced offices, or liquid space, available on the open market. ... JLL UK’s Head of UK Offices Research. Think people-first to select a space that attracts the talent you’re looking for and brings your culture to life. These flexible spaces typically provide tenants with ready-to occupy furnished office spaces. Adaptable spaces, flexible leases, tech adoption and sustainability to drive the regional property market in 2021 JLL has shared insights on the property trends which are expected to drive Middle East’s real estate industry in 2021, at its annual outlook event. Save this job with your existing LinkedIn profile, or create a new one. A new generation of flexible office space is spreading into cities across the UK as a growing number of businesses review how their workspaces can better meet the needs of modern working life. Unlike the traditional office model flexible space is a workplace that offers greater flexibility for users. Flexible space should support your unique goals. Flexible space typically means workspaces that fall outside of the traditional ‘office’ model. In the last few years we have seen exponential growth in both the number of operators and the volume of space they are occupying – in Central London we now estimate the total flexible office landscape to encompass over 7 million sq ft across more than 60 providers, accounting for 3.2% of all office stock. Repurposing office space. The demand for flex space will continue to increase due to COVID-19, as the need for a more agile portfolio strategy and employee mobility options expand What the future holds for flexible space in a fast-paced world affected by the pandemic | JLL Apply on company website Save. Find office space Move into your first office, find a new one with room to grow, or develop a complete location strategy. Headquartered in London, Hubble is the online platform for flexible office space and marks the first European investment for JLL Spark. Source: JLL. Vincent Lottefier, a veteran executive of JLL offices across Europe and Asia, will enter the role of chief strategy officer at Upflex, a global marketplace for coworking and flexible office space . Save job. JLL forecasts a flexible space revolution *Approximately 2% of current U.S. office inventory is controlled by independent, third-party flexible office providers (spanning all operator types, from traditional executive office suites to coworking to incubators). The demand for flexible spaces are increasing across Asia Pacific. The growing proportion of flex space – JLL expects 30 percent of all office space globally to be flexible in some form by 2030 – means fewer long leases. The demand for flex space will continue to increase due to COVID-19, as the need for a more agile portfolio strategy and employee mobility options expand What the future holds for flexible space in a fast-paced world affected by the pandemic | JLL In fact, we believe 30% of all office space will be consumed flexibly by 2030. To discover how to make the most of this development on your investment strategies, read on. 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