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Flexible Office Space Market in India is Poised for Explosive Growth by 2025

Allwork

million square feet, and this figure is projected to experience a 52% increase — estimated to reach 81 million square feet by 2025. Vestian’s projections indicate that by 2025, the flexible office sector might account for approximately 25% of the total office space absorption. This burgeoning growth is not just a random spike.

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75% Of Real Estate Decision-Makers Believe The Economy Will Slip Into A Recession By The End Of 2022

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economy is expected to slip into a recession by the end of 2022. . By 2025, 42% of respondents predict a further decrease. . The post 75% Of Real Estate Decision-Makers Believe The Economy Will Slip Into A Recession By The End Of 2022 appeared first on Allwork.Space.

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Blackstone Exploring Lucrative Exit Options From The Office Group, Asking £1.5B For Its Majority Share

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It’s reported that the firm wishes to capitalize on TOG’s market position and resilient business structure — with a deal possibly being made by the first quarter of 2025. The company’s strong market position has been further bolstered by its 2022 merger with Fora, another flexible office space provider.

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64% Of Landlords Plan To Incorporate Flexible Offices Into Their Buildings In The Near Future

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According to The Instant Group’s annual Future of Flex 2022 survey, 64% of landlords plan to incorporate flexible offices into their buildings in the coming years. . Landlords are hoping flex can beat the heat of an incoming recession. .

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Lease cycle means West End office market will ‘reset’ by 2025

Workplace Insight

A BNP Paribas Real Estate analysis claims that London’s West End office market is on course to ‘reset’ by 2025 following a major leasing event cycle commencing in 2023, which will see a flurry of renewals, expiries and break clauses executed by both landlord and tenant, which will alter the market as we know it by the milestone year.

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Workplace Stress Is Crushing Young Employees

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By 2025, Gen-Z will comprise 27% of the workforce across OECD nations. In 2022, a Bain and Company survey revealed that 61% of employees under thirty-five were most concerned about their job security and finances (compared to 41% over thirty-five). Supporting this generation in the workplace must be a top priority for employers.

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Gen Z’s Impact On The Workplace: Tech-Enabled And Collaborative

Allwork

Nearly three-quarters of Gen Z workers want a remote work option, according to JLL’s Global Workforce Preferences Barometer 2022 — even when they also want the option of coming to the office. JLL’s research shows that many companies are working steadily toward meeting net-zero carbon emissions targets by 2025.