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, Booking.com, and Worldpay making it the market leader in flexible workspace.
Demand for flexible workspace in Singapore increased by 37% in 2022 compared to 2021, and by 62% in the second half of 2022.
Recent data shows UK flexible workspace occupancy rates reached an average of 83% in Q3, the highest level since before the pandemic began.
According to new data by The Instant Group, interest in flexible workspace is returning to key business hubs like Melbourne and Sydney.
The alliance creates the world’s largest and most robust data platform for the flexible workspace industry.
While demand in Chicago is forecast to be down 14% between 2021-22, the second half of 2022 has outpaced the second half of 2021.
New data by Incendium Consulting shows the flex working model with increased desk utilization is more efficient and has lower emissions.
The Instant Group’s latest data has determined that supply of flexible office spaces in NYC is up 7% year-over-year, showing further development.
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.