LONDON-Generation Y, a generation of digitally sophisticated 20-30 year olds, are now starting to dominate the workplace, and Colliers International believes their demands for flexibility at the office and technology will change how work space is used for the next few decades. Colliers created a study on the issue for the Swedish development firm Skanska, and has now expanded the work into a six-volume study for the office industry.

Colliers Corporate Solutions Head Guy Douetil tells GlobeSt.com that by age 38, an average Generation Y worker will have had 14 different jobs, equating to one job every two years. This presents a real challenge for all companies with a desire to retain their best staff, Douetil says.

To compete, he says corporations need to adapt to five alternative working strategies. These include efficient use of office space, more flexible workstations (not necessary smaller), sustainable practices and more data center development.