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4. Impact on occupiers?
The expansion in supply will be accompanied by demand from corporates as they embrace the greater choice. The wider geographic coverage in key office markets will provide opportunities for corporates to enter new markets or to adapt core and flex approach across a wider portfolio.
Managed solutions will be a growth area for operators and occupiers will benefit. Speed to market, shorter leases and a tailor-made solution will enable occupiers to be more agile and to add flexibility to their portfolio.
Occupiers will be paramount in the future of direction of the sector, as operators (and increasingly landlords) become more aware of their customers’ needs and understand how they use spaces. They will benefit from a greater choice in real estate options than at any time previously.
Importantly, providing aspirational workplaces allows companies to enhance the human experience and create an environment where people want to work. This is an essential consideration wherever an office is located.
At JLL we give occupiers the ability to search for both traditional office space and flex space at the same time in our NXT Office Studio. We have mapped every flexible office in London in our NXT Office app, allowing us to deep dive into location, size and provider.
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