Colliers released "The future is flex" report analyzing the Philippine flexible workspace industry, reporting that Metro Manila's inventory reached 267,000 sqm as of the first 3 quarters of 2025 with 21% vacancy, surpassing pre-pandemic levels after recovering from a 41% vacancy peak in 2020.

The report identifies three strategic shifts among operators: growing adoption of managed workspace solutions by outsourcing firms seeking branded spaces without capital expenditure, increased joint venture agreements between building owners and flex operators, and expansion of Employer of Record services to accelerate market entry for foreign companies.

Colliers emphasized asset-light strategies, provincial market expansion, and business continuity products as key drivers for future growth, noting the Asian Development Bank identified 700 active Philippine startups in 2023, a sevenfold increase from 100 in 2015.