COVID-19 was the unexpected guest that arrived at the serviced office and coworking party this year; uninvited, unwelcome and seemingly impossible to get rid of.
Ultimately, while COVID-19 has delivered an unimaginable year for Flex, the occupier and investor and operators alike; Flex’s key attraction for occupiers in unprecedented times is offering a hedge against uncertainty. There are other important reasons that we examine in this commentary, which lead us to expect a resurgence in this sector.
As we look forward to a return to offices, our surveys and corporate analysis affirm that COVID-19 is not a threat that will destroy the sector, rather a justification for its continued growth.
We hope you find this flex review informative and we look forward to sharing more insights with you throughout the year.