Instant: Rethinking Workspace

New York city is the second largest flexible office market globally with a wide mix of providers offering space. Rates vary dramatically across the city with some of the highest average rates per desk globally being achieved in the city. While the majority of supply exists in Manhattan in the last 12 months we have seen a move towards other boroughs such as Queens, Brooklyn and even Staten Island.

Singapore continues to see high levels of supply growth year on year with one of the largest flexible workspace markets in Asia found in the Island City-State. Singapore has long been a key business hub and with very limited office supply was a natural expansion ground for flexible working as providers looked to expand outside of their home markets. Because of this the share of large international operators is high across the city although niche coworking providers continue to pop up as the market develops.

Thanks to the tech boom in the city over the last decade the demand for high quality office space has been ever present. This meant that San Francisco was one of the first US cities to see a real flexible workspace industry. Rates remain some of the highest in the US and while larger companies are looking to create their own flexible environments the number of small companies looking to grow in the city creates continuous demand. Due to the cost of commercial real estate in the city we have more recently seen providers move out of the city core and into the wider bay area.

In this special installment of the “I’m Flexible” series, Ben Wright, Global Head of Partnerships at The Instant Group, speaks with Quinn Coan, Head of Global Expansion Strategy for Studio at Tishman Speyer, about Tishman’s journey into the flexible workspace sector through their Studio brand.

In a significant move towards sustainability, Singapore's Accounting and Corporate Regulatory Authority (ACRA) and the Singapore Exchange Regulation (SGX RegCo) introduced mandatory climate reporting for listed and non-listed companies, starting from FY25.

What are the "hottest" markets for flex in APAC? Analyzing the top 10 markets for flexible office spaces in 2024, we examine year-over-year fluctuations in demand, with data revealing notable demand spikes in Kuala Lumpur, Makati, and Hong Kong.

Koba has set a new global benchmark by becoming the first workspace to achieve the WELL Coworking Rating. We spoke with Paul Nellist, Managing Director at Koba, to explore what this achievement means for the industry.

Nearshoring to Mexico offers North American businesses cost savings, a skilled workforce, and streamlined logistics. Learn how flexible office solutions play a key role in enabling companies to scale operations efficiently in Mexico's dynamic market.