Key Takeaways

• The outlook toward flex workspaces has significantly changed over the last two years since the pandemic with organizations of different scales now considering flex workspace as a long-term workspace solution. This change in occupier sentiment is led by constant innovation, excellent service, and round-the-clock client support demonstrated by the flex space providers, especially during uncertain times.
• Benefit of converting CAPEX to OPEX, adoption of a distributed or hybrid work strategy, and flexibility (financial, geographical, and solution-based) are the three main drivers of accelerated adoption of flex workspaces in India.
• With more organizations that have a large network and workforce spread across the country adopting a distributed or hybrid work strategy, it is predicted that they will lead the demand for flex workspaces in the future.
• With companies rolling out work from office policies and work from home employees resisting moving to metro cities, companies must focus on providing more than just a workspace. To get the workforce moving, companies must create workspaces that offer a productive growth environment with flexibility at its core.