WEBINAR SUMMARY How are flexible office providers addressing health and safety concerns, enforcing protocols and monitoring thousands of companies at the same time? How are operational
- How are flexible office providers addressing health and safety concerns, enforcing protocols and monitoring thousands of companies at the same time?
- How are operational costs being split between flexible office operators, tenants and landlords?
- How is demand for flexible workspace changing? Does that affect certain business models more than others?
- What are financial terms and options available for flex office providers who are seeking rent relief and financial assistance?
- What does recovery look like for flexible office?
WHY THIS MATTERS
Even before the pandemic, the flexible office operators were already moving toward joint partnerships with landlords to find ways to better suit tenant needs. Once the coronavirus hit, flex operators were much quicker to adapt than traditional office due to an already changing business model tailored to the user, but how are operators faring?
There are major concerns of whether the flexible workspace model is still viable and relevant for tenants and operators, and it now is a game of survival of the fittest for those involved in the co-working sector. According to a Bisnow article, with declining leases, many operators are struggling to pay their rent and 31% of co-working operators in North America said they have asked for rent relief. As small co-working operators may struggle to stay afloat, how do they fare against larger operators that own their buildings? Come 2021, we have to wait and see who will be left operating when something resembling normalcy returns.
Join Bisnow for a flexible office webinar, discussing the impact of the pandemic on flex workspaces, the financial viability of the concept for operators and shifts within the flexible workspace business model.
Can’t attend live? Don’t worry! A recording will be sent to all registrants.
Territory Manager, SageGlass
Benjamin Dyett is a Partner at DecoGroup – a coworking consultancy with global reach which offers counsel on coworking operations and advises corporations and real estate entities…
LISA SKYE HAIN
As a magnetic leader, poised public speaker, and master networker, Lisa has spent a lifetime amidst thriving small businesses. She managed two restaurants in Danny Meyer’s hospital…
Managing Director, Innovation, Tishman Speyer
Ms. Galli joined Tishman Speyer in 2016 and currently oversees Studio, the firm’s global coworking and flexible leasing platform. She previously was a part of the Strategy team, wh…
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