• Flexible space providers have undertaken dramatic growth across Asia Pacific in recent years, fueled by growing demand from a broadening base of end-users including start-ups, small and-medium sized enterprises, and large corporates.
  • With the sector occupying just 2% of total Grade A office stock in Asia Pacific, there is still considerable room for growth. However, in recent months, CBRE has observed many providers adopting a more measured pace of expansion amid the onset of the late business cycle.
  • CBRE believes these factors will drive the implementation of more sophisticated and nuanced strategies designed to improve occupancy and ensure operational profitability, especially on a per centre basis.
  • These strategies will include customising enterprise solutions; forming creative partnerships with landlords; targeting specific niche segments; and adopting a more prudent approach towards site selection.

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More Reports of Coworking & Flexible Space in Asia Pacific Region