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Flexible Workspace Outlook APAC | 2020

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Occupier strategies for the new reality

In January, we predicted five flexible workspace trends to watch, including:

  • Enterprise outsourcing becoming mainstream
  • Highly amenitised assets with best-in-class hospitality being ‘table stakes’ for any new office development
  • A continued boom in wellness offerings;
  • A revival of suburban locations and further operator fragmentation

COVID-19 has accelerated these trends, while new trends – such as the integration of home as a place of work and the growing importance of the digital experience – have also emerged.

Key forecasts for the full year in 2020:

  • Overall demand for new space from flexible workspace operators in the region is expected to be less than half the level that we recorded in 2019
  • Demand is likely to be muted across major markets such as Singapore, Australia and China
  • In Hong Kong, we expect negative absorption by the end of the year
  • Bangalore, Delhi-NCR, Tokyo and Manila are expected to lead the demand for new space in 2020.

While these are challenging times, we see flexible workspaces adapting to the changing business environment by differentiating their products, incorporating more technology into their offerings and working together with occupiers and landlords to produce mutually beneficial accommodation strategies.

Download the Flexible Workspace Outlook for 2020 below.  


Flexible Workspace Outlook APAC | 2020

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Hong Kong SAR China

Sam Harvey-Jones

Chief Operating Officer | Asia Pacific

Sam is Managing Director of Occupier Services Asia at Colliers International.  With over 21 years corporate real estate experience and over 14 years in Asia Pacific, Sam has a demonstrated track record of delivering holistic global real estate solutions for corporate occupiers across the region. 

Sam spearheads the strategic direction and has overall responsibility for the growth of the Colliers Occupier Services business in Asia, including Corporate Solutions, Tenant Representation, Flexible Workspace Consulting, Workplace Advisory, Wellness Consulting, Lease Administration and Project Management. Having joined Colliers in 2015, he has implemented strategic business plans and strategies that have contributed to the successful growth of the division.  

Sam is a member of the APAC leadership team.  

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Michael Bowens

Head of Industrial | Asia

Industrial | Asia


I've spent the past 19 years in Asia, with 7 of those years spent working in brokerage in Shanghai, China assisting MNC's who wished to establish or expand their China operations.

I have been based in Singapore since 2011 working in the Corporate Solutions division and more recently managing our Regional Tenant Representation platform team and providing strategic Real Estate advice to corporate occupiers all across the Asia Pacific region.

I currently lead the Colliers Technology Occupiers Practice Group for Asia.

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