Office tenants are increasingly looking to flex space as a crucial piece of their real estate strategy in the wake of COVID-19, with nearly a quarter of respondents recently surveyed by CBRE reporting having more than 10% of their portfolio in the asset class.
"The need for agility has never been greater as workforce behaviors have been transformed during the pandemic and likely will never return to pre-pandemic norms," a new report from CBRE notes. "As occupiers plan real estate portfolios amid such uncertainty, flexible office space is becoming a useful solution for some requirements."
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