Attitudes towards the length of leases vary. Some of the tenants see the current situation as a possibility to negotiate better conditions for the longer term horizons, while others are looking for shorter leases and higher flexibility of the contracts (e.g. break options, contracts for undefined periods of time, etc.) Considering the general trend of the reduction of occupied office space, potential for flexible platforms is growing.
Decrease in market activity is pushing landlords to lower the rental rates and enhance the incentives packages.