Post by account_disabled on Mar 16, 2024 5:52:28 GMT
After the covid-19 pandemic, the way of working has changed, but so have the offices where we work. Given the gradual recovery of the market and the good hiring behavior in flexible jobs, flexible space operators maintain their expansion plans, highlighting the high interest not only in Madrid and Barcelona but also in cities such as Valencia, Seville or Malaga, according to CBRE data.
With more than 2,400 jobs transacted in the first quarter of the year , the flexible office market in Madrid reaches an average occupancy of 84%, higher than that achieved in the same period of the previous year (82%). In Barcelona, during the first quarter of the year more than 2,100 jobs have been transacted, which represents an average occupancy of 81% compared to 78% in the first quarter of 2022.
In Madrid, more than 230,000 m2 are already allocated Phone Lead to flexible office space, equivalent to 23,460 jobs, compared to 21,560 in the same period of the previous year. They represent 1.8% of the total office stock, a value that continues to grow compared to 2022. In the Catalan capital, more than 220,000 m2 correspond to Flex stock, which represents 3.5% of the total offices, a increase of 6% compared to the first quarter of 2022. Barcelona has 22,300 jobs (compared to 18,250 in the same period of the previous year).
The highest occupancy in the national territory (98%) is in Valencia, where there are more than 600 Flex jobs and a stock of 6,100 m2. The expansion plans in the city by the most recognized operators of the flex market in Spain stand out , although there is a limitation in the supply of buildings for this use in the downtown area. According to CBRE, there is existing unmet demand, especially from companies that require flexible spaces with certain characteristics: private, exclusive, sustainable spaces and with Environmental, Health & Safety (EHS) provisions.
In Malaga, with a Flex stock of 4,000 m2, occupancy reaches 90%. The city has positioned itself in third position as the main expansion point nationwide for the largest operators in the market. Operators are looking to expand square meters, although the lack of attractive available spaces for this sector (spaces of +1,500 m2) stands out.
For its part, Seville has an occupancy rate of 86%. The city has a stock of 10,500 m2 that translates into 1,050 Flex jobs. A medium-high demand is observed for this city compared to other parts of the peninsula, highlighting a greater presence of local operators. In addition, there is growing interest from international operators in expanding to the city, although there is difficulty finding the optimal space in the city center. Spaces is one of the examples of success in the Sevillian market. After opening in 2019, it has an occupancy rate of 85%, highlighting the contribution of CBRE.
With more than 2,400 jobs transacted in the first quarter of the year , the flexible office market in Madrid reaches an average occupancy of 84%, higher than that achieved in the same period of the previous year (82%). In Barcelona, during the first quarter of the year more than 2,100 jobs have been transacted, which represents an average occupancy of 81% compared to 78% in the first quarter of 2022.
In Madrid, more than 230,000 m2 are already allocated Phone Lead to flexible office space, equivalent to 23,460 jobs, compared to 21,560 in the same period of the previous year. They represent 1.8% of the total office stock, a value that continues to grow compared to 2022. In the Catalan capital, more than 220,000 m2 correspond to Flex stock, which represents 3.5% of the total offices, a increase of 6% compared to the first quarter of 2022. Barcelona has 22,300 jobs (compared to 18,250 in the same period of the previous year).
The highest occupancy in the national territory (98%) is in Valencia, where there are more than 600 Flex jobs and a stock of 6,100 m2. The expansion plans in the city by the most recognized operators of the flex market in Spain stand out , although there is a limitation in the supply of buildings for this use in the downtown area. According to CBRE, there is existing unmet demand, especially from companies that require flexible spaces with certain characteristics: private, exclusive, sustainable spaces and with Environmental, Health & Safety (EHS) provisions.
In Malaga, with a Flex stock of 4,000 m2, occupancy reaches 90%. The city has positioned itself in third position as the main expansion point nationwide for the largest operators in the market. Operators are looking to expand square meters, although the lack of attractive available spaces for this sector (spaces of +1,500 m2) stands out.
For its part, Seville has an occupancy rate of 86%. The city has a stock of 10,500 m2 that translates into 1,050 Flex jobs. A medium-high demand is observed for this city compared to other parts of the peninsula, highlighting a greater presence of local operators. In addition, there is growing interest from international operators in expanding to the city, although there is difficulty finding the optimal space in the city center. Spaces is one of the examples of success in the Sevillian market. After opening in 2019, it has an occupancy rate of 85%, highlighting the contribution of CBRE.