It’s no secret that flexible working spaces have transformed the office real estate sector.
In an era marred by political and economic uncertainty, they provide businesses with more flexibility than ever, enabling them to offer employees appealing locations to work, which in turn ensures high productivity.
When the notion of flexible workspaces or co-working space was first touted, it was dismissed by many.
This is hardly surprising – disruption often seems to have that negative connotation but over time, it can bring about a positive result.
Technology, and specifically proptech concepts, are often treated with suspicion. If you look carefully, searching for office spaces still remains fairly traditional. Occupiers are dependent on agents or listing sites, but is that really effective?
Are businesses able to find spaces that are suited to their needs and are workspace providers effectively communicating the merit of their spaces through third-party representatives?
This is where technology has the ability to facilitate direct communication. If the hospitality industry can been disrupted by the likes of Airbnb, then surely the office real estate sector should embrace technology, too?
Potential occupiers should have the opportunity to directly engage with providers, streamlining the office space search process and eliminating extra charges.
Technology also enables businesses to quickly create bespoke lease agreements and tailored terms and conditions, which reflect their needs.
Thanks to the rise of proptech, space providers can broker bespoke deals with occupiers and showcase their spaces the way they want to. It also enables them to optimise the experience of their workspaces, ensuring they are securing the right mix of businesses at their locations and ultimately helping them get long-term tenants. Offices are no longer just 9-5 spaces to work from; they are becoming key destinations with a distinct sense of place and belonging.
As working patterns evolve, the location, quality of work-life and wellbeing is what occupiers are looking for, as these help them keep their teams happy, motivated and productive.
Spacepool is determined to address the tech gap in the office market and offer businesses real value. More importantly, we are enabling businesses to grow by providing access to spaces that reflect their needs, values and culture.
Eugene Tavyev is founder and CEO of office space search engine Spacepool