Corporates to further expand flexible office space portfolio by 2026: CBRE
The adoption of flexible workspaces is on the rise among corporations in India, with projections indicating a significant increase. Currently, 42% of companies allocate over 10% of their office space to flexible arrangements, a number expected to grow to 58% by 2026. The trend reflects heightened confidence among occupiers, driven by increased demand for quality office spaces and a rebound from pandemic-related delays. Indian firms, in particular, are embracing flexibility, aiming to optimize portfolios across multiple cities while emphasizing an "office-first" approach and enhancing employee experience.