Colliers & Awfis Workplace & Flexibility Report

 

The CRE world is witnessing major shifts in occupier sentiments due to the evolved working patterns, especially so after the pandemic-led disruption. However, what has remained unstirred throughout is the need for flexibility in work model.

The influence of temporary work-from-home flexibility now reverberates in post-pandemic workplace strategies, conditioning companies into incorporating flexibility into their short-term and long-term plans. By adopting a hybrid work model, companies are bringing offices to their workforce, giving life to distributed workforce strategy, wherein flex workspaces have emerged as the catalyst.

In our latest report, we surveyed C-level occupiers to understand their workplace strategies, draw insights into current preferences and forecast how these trends will shape future preferences.

Key Takeaways:

  • Hybrid work model has emerged as the top choice among businesses ranging from start-ups to large corporates. 53% of our respondents have shown their likeliness towards working from home + office, followed by 24% preferring to work only from base location.
  • In pursuit of providing flexibility to their workforce that’s now widespread across Indian cities, companies are increasingly incorporating distributed workforce strategy, which has proven to save time and cost. 79% respondents of our survey feel likewise and these benefits encourage them to continue following a distributed workforce strategy.
  • With accelerated adoption of the hybrid work model and distributed workforce strategy, flex workspaces will go on to play a crucial role in occupiers’ portfolio strategy for the short as well as long term. We’ve found 74% occupiers embracing flex workspace in their current strategy while 77% respondents have plans to implement it in their future.

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