There is no shortage of research to highlight the growth offlexible space on the office market. JLL, for example, recentlynoted in its publication The Investor thatflex space could increase by more than 25% in 2018 after rising 29%in 2017. Furthermore it is not just tenants and landlords that aretaking note of the flexible space story: As it becomes moremainstream, lenders and investors are starting to see the benefitsof moderate exposure to flex space as part of a well-diversifiedtenant roster, according to Alex Colpaert, Head of Offices Researchat JLL EMEA. In short, as JLL wrote, buildings with a highpercentage of flexible space are increasingly seen as viableinvestment propositions.

“With a growing demand for innovative environments andunconventional design, some secondary assets are in a primeposition to be revamped – unlocking opportunities for investors,”Colpaert said.