Flexible office space is on the cusp of becoming mainstream in the UK, according to 95% of commercial landlords in a CBRE survey, with 79% planning to enter the sector in the coming year. With the operator model, the co-working operator still has to lower its prices in a recession, but the landlord shares the downside; in other words, they go down together. The survey also found that more than half (52%) of businesses plan to open an office or branch within five years, up from 47% last year, and nearly one third (31%) expect their business will be A third option maybe an operator model, where landlords provide the space and co-workspace operators provide the brand and expertise, sharing the ups and downs of fluctuations in rental income.
Flexible office space is on the cusp of becoming mainstream in the UK, according to 95% of commercial landlords in a CBRE survey, with 79% planning to enter the sector in the coming year. The survey also found that more than half (52%) of businesses plan to open an office or branch within five years, up from 47% last year, and nearly one third (31%) expect their business will be A third option maybe an operator model, where landlords provide the space and co-workspace operators provide the brand and expertise, sharing the ups and downs of fluctuations in rental income.