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Flexible Workspace: Rethinking Your Corporate Real Estate Strategy

Colliers REview Singapore blog - Flexible workspace and rethinking your corporate real estate strategy

Unlock the ability to manage your office space requirements, lease commitments and financial obligations with greater flexibility


The ability for flexible workspace providers to offer a network of alternative office solutions, and not fixed-point solutions like a traditional tenant-landlord arrangement, will create more flexibility for those seeking greater ease of access and exit offerings.

Demand in flexible workspace is expected to increase as markets recover from the current economic and social climate. In a recent Colliers International survey of 4,000 occupiers, over 50% considered a flexible workspace solution to accommodate a longer-term office.

The increased variety of products provided by flexible workspace operators has unlocked the ability for organisations to actively manage their office space commitments and minimise lead times in signing a lease, lengthy procurement processes for fit out and also the need for capital which could be better deployed elsewhere.

Related content: Flexible Workspace Outlook APAC 2020 report

Colliers REview Singapore blog - Flexible workspace: Rethinking your corporate real estate strategy - The Work Project Bugis
The Work Project Bugis at Parkview Square (Image: The Work Project)

Why occupiers choose Flexible Workspace and how they can benefit from it

Understand the 6 key drivers for outsourcing to flexible workspace and review how you, as occupiers, can leverage the flexible workspace sector to rethink your corporate real estate strategy.

  • Agility – Allows growth or reduction in space for organisations with unpredictable or dynamic headcount changes
  • Financial – Reduce capital expenditure and provide operational expense certainty
  • Operational – Create operational efficiencies
  • Transformational – Expansion into new markets, M&A integrations and business-driven decisions
  • Urgency – Available on much shorter lead time
  • Employee Engagement – Improve workplace environment for employees with range of amenities, facilities and hospitality services

 

From a commercial real estate perspective, Flex and Core™ assists occupiers in managing uncertainty, scaling up or down their space needs in tandem with headcount movements and business objectives.

 

Looking for a flexible workspace? Check out these flexible workspace listings available for lease or reach out to our team of experts to find out if flexible workspace works for your business.

 

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