Established in 1999, The Instant Group is a workspace innovation company that rethinks workspace on behalf of its clients injecting flexibility, reducing cost and driving enterprise performance. Instant places more than 11,000 companies a year in flexible workspace such as coworking, serviced, or managed offices including Barclays, Prudential, Capita, Jaguar Land Rover, Amex, Booking.com, and Worldpay making it the market leader in flexible workspace.
Sydney CBD has seen the highest rates in occupancy since the start of the pandemic, boasting 80% office occupancy.
Throughout Texas, central business districts are seeing declining demand while suburban markets are maintaining strong interest from clients.
Coworking operators have seen record demand growth across Latin America, which is a very positive sign for the flex industry.
A lack of available flex supply will hamper the ability of companies to offer the opportunity to work from anywhere in the coming years.
Leeds’ city center has seen a 15% increase in demand for flexible space in the last 12 months, with average occupancy reaching 86%.
Amenity-focused flex spaces have some of the highest occupancy rates across the UK, especially in city center locations.
CRE’s role in understanding and procuring flexible solutions in all markets will be an increasingly critical component of any portfolio strategy.
While no one knows what the next normal will bring, agility will be the key driver for workspace strategy in the future.