The new normal turns out to be much like the old normal, if data on the European flex office space market from CBRE is borne out.
The technology, media and telecoms sector dominated activity in the European flex market in 2022, CBRE said.
TMT accounted for 52% of transactions in Europe by number of deals, and 62% by number of seats acquired. This demand is partly driven by more dynamic changes in headcount within the sector, CBRE added.
Until now this has been due to rapid growth but more recently the finger points at industry consolidation, which better lends itself to more flexible…
Source: Relax, Flex Space Is Still Mainly About Tech