Staff wellness and productivity are two key trends driving growth and diversity in today’s flexible workspace sector and big businesses are taking full advantage. Some of the world’s largest corporations have recognized the benefits of coworking and have taken advantage of the opportunity, committing millions of square feet to flexible space over the last decade.

Supply of flexible space is increasing rapidly. In fact, flexible space forecasts for both Europe and the US suggest momentum is building on both sides of the Atlantic. Industry estimates predict that the continued shift towards flexible workspace and shared amenity spaces are projected to account for approximately 30% of the global office market by 2030. Flexible workspaces in the USA alone grew 20% year on year in 2017 with over 27 million square feet available. The top three city locations; New York, Chicago and Atlanta, each offered more than 2 Million square feet of flexible space.

The number of operators of flexible working space are at an all-time high, providing more space at more locations than ever before. Conventional landlords are now entering the market joining the established players in this growing sector. This provides customers with more choice and greatly widens the appeal of flexible office space to large corporations.

Ten key reasons why corporations are choosing flexible workspaces.

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