Interest in flexible workspace was increasing throughout Latin America prior to the pandemic, but rather than slow this growth, the past 18 months have instead accelerated interest in flexible workspaces across the region to record levels.
Businesses across the region are considering their return-to-work strategies and exploring which solution would best suit their business and employee needs. This is driving high interest in flex space as traditional space occupiers are now questioning their strategy, placing more importance on rightsizing and subsequently looking at flexible offices as a viable alternative solution. Increased interest from corporate occupiers from industries such as consulting, technology and financial services is also fueling the increased demand for flexible workspace within Latin America.
This report focusses on Mexico City, Lima, Bogota and Buenos Aires, which are collectively expected to see an increase of 86% in demand for flexible office space by the end 2021. Going into the pandemic, Latin America was behind the global curve in terms of adopting hybrid working models, but the rise of remote working has challenged traditional thinking and had a profound impact on companies’ drive for agility within real estate.
Download the full report to find out more.