Jean-Yves Huwart from Coworking Europe summarized Colliers' recent "Flexpansion" report, which noted that flex models are "increasingly driving structural changes in how office space is developed, operated, and occupied" across EMEA (Europe, Middle-East, Africa).

On the data side, between 2010 and 2014 the no. of flex spaces across the region tripled (up from 1,450 to 4,358) and the total surface area rose by 6.3M sqm (surpassing 8.3M sqm or 89.3M sqft). When it comes to the share of the total office market, flex has grown from 0.7% to 2.4%.

Interestingly, most of the 82 new operators who entered the market last year are local, bringing the total of active flex space providers in EMEA to 1,859. 72% of whom operator in just one single market. When it comes to landlord-flex, their data showed that since 2020, 311 landlord-run flex locations have opened, spanning over 600k sqm.