Tuesday, 19 January, 2021
Despite global lockdown, flex space supply increased across France during 2020. Find out how the french flex market has withstood over the past 12 months, and which cities have fared best during the most difficult year for the sector.
This has been an extraordinarily difficult year with France, and Paris in particular, impacted by very strict lockdown conditions. This has had an obvious impact on the city centre markets and the ability of firms to trade from urban hubs.
There has been an uptick in interest in other, more rural locations, however, the French market does not have the supply of centres, as yet, to benefit those looking for space in those areas.
This looks like it will change in time as many workers have realised that they can work further afield. It is a demand-side trend that Instant has seen across many markets during 2020 and it points to a real opportunity for those operators that feel their model can be replicated in new, alternative locations.
France Flex Market Review 2020