Spotlight: Landlord Flex Survey – November 2023
"What are landlords' views on the future of flexible office space?"
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"What are landlords' views on the future of flexible office space?"
"The average European office occupancy rate has increased from 55% in February 2023 to 57% in September 2023, behind the pre-pandemic average of 70%"
"Insurance & Financial Services occupiers continue to expand footprint"
"September sees uptick in take-up, driven by demand from Financial sector occupiers"
"Leasing activity is set to be boosted in the final quarter of the year, amidst an increase in the number of corporate occupiers searching for office space in the South East and Greater London market."
"Take-up in Q3 2023 was the highest quarterly total of the year, with improved corporate leasing activity"
"The flexible office market has exhibited remarkable resilience and growth, despite economic uncertainties."
"Subdued August dominated by the core and Insurance & Financial Services sector"
"Investment volumes subdued with pricing moving out"
"Leasing activity slows over the summer, but demand from the Financial Services sector remains robust"