After all , hybrid working and flexspace are here to stay . The majority of FTSE 250 firms are actively seeking to adapt to the hybrid model and we can expect smaller companies to follow suit .
“ As long as work is getting done , as long as companies continue to be profitable , they ’ re going to look at the real estate spending of having , for example , two floors in a building to house all their employees as a wasted expense .
“ Instead they will continue to favour a hub-and spoke-model that consolidates a relatively decentsized central office , combined with the use of flexible workspaces or
smaller satellite offices in areas where employees live .”
At IWG , we have spent 30 years refining and optimising our business model . As the world ’ s largest provider of flexible working solutions , we ’ re passionate about helping landlords and franchisees join the workspace revolution . Find out how we can support you today .
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SA Real Estate Investor Magazine OCT 2022 163