Brief overview of global trends in the flex office sector: growth rates, changes in occupancy and attendance, user profile, operator expansion directions, and price differentiation in key cities.
Savills Workthere Flexmark 5
Report summary
The flex market is maturing and becoming a permanent part of companies’ real estate strategies. Growth is being driven by both mature hubs (e.g., London, New York) and fast-growing cities in APAC and the Middle East. The role of multinational corporations in demand is growing, and operators are differentiating their offerings through quality, “hotel-like” services and locations in prime business districts. At the same time, expansion models are shifting toward management contracts and (increasingly) ownership strategies.
Key data
85%
Operators plan to expand within 12 months
+20%
global growth in flex attendance from 2022
81%
Private office occupancy (global, 2025, stable vs pre-pandemic)
65%
Coworking occupancy (globally, 2025; up from 60% in 2020)