Large business expect the use of flexible working environments to increase over the next three years , according to a survey conducted by Knight Frank . The report found that more than half of the respondents , whose companies employ 3.5 million people globally , expect their use of co - workspaces to jump from around 5 % of their total office space at present to over 90 % by 2020 . Offices have become a tool to attract and retain talent . He expects the share of space on flexible leases in London to rise to between 7 percent and 10 percent over the next few years from almost 5 percent now. Paying more for higher quality , flexible office space can be cheaper than constantly replacing staff according to the report .
Large business expect the use of flexible working environments to increase over the next three years , according to a survey conducted by Knight Frank . The report found that more than half of the respondents , whose companies employ 3.5 million people globally , expect their use of co - workspaces to jump from around 5 % of their total office space at present to over 90 % by 2020 . Offices have become a tool to attract and retain talent . Paying more for higher quality , flexible office space can be cheaper than constantly replacing staff according to the report .