1、REPORTUK Flex Market Update 2024 Adaptive SpacesUKREAL ESTATECBRE FLEX2CBRE 2024 CBRE,INC.Adaptive SpacesFlex Market Update 2024|UKThis report explores the key trends across the UK Flex market,providing insight and analysis to address stakeholders from the occupier,operator,and investor community.As
2、 evidenced in our Q1 report,corporate flexible office take-up has become a significant contributor to the growth and maturity of the market.This report looks at occupier demand across the UK,assessing trends across client type and size.The flight to quality term is now engrained in the corporate rea
3、l estate narrative.The statistics support the trend,and we explore what this means with regards to pricing,discount,and sustainability.For the first time,we have gone beyond CBREs transactional data,through round table discussions and questionaries we have collaborated with operators to create a com
4、prehensive market-wide snapshot for Birmingham and Manchester in 2024.This will form the initial step towards addressing data ambiguity and fostering greater collaboration within the market.Utilising CBRE insights from across the UK we explorethe size bandings and how this can help influence future
5、workplace strategy for operator growth.Additionally,Q3 London transaction data assesses the evolution of the market;flexible workspaces appeal to a more diverse group of occupiers who are drawn to the sector by the design innovations and the breadth of products.Through a UK narrative,this report inv
6、estigates how sector alignment to flex differs in regional markets.Introduction3CBRE 2024 CBRE,INC.Adaptive SpacesFlex Market Update 2024|UKTo provide an overview of how Flex is performing across the UK,CBRE tracks the average rate as well as the top rate achieved in each market(cost per sq ft).UK p