A new report by the Urban Land Institute (ULI) and The Instant Group finds that the office sector is in a ‘full state of flux’.
Analysis from ULI’s and TIG’s new global survey proves that occupiers are still trying to figure out the impact of new activity-based workplace (ABW) strategies and hybrid working patterns, leading to demands for a flexible approach from landlords who, at the same time, are trying to cope with cyclical challenges following increasing interest rates, ongoing high inflation and construction costs.
The report, titled ‘Bridging the occupier-landlord gap for the future of workspace’, shows that landlords (80%) even more so than occupiers (75%) expect greater lease flexibility and agility over the next five years.
Download a summary of the report.
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