The average share of Workspace as a Service (WaaS) take-up in Europe reached 7.5% in Q1 2018,
up from 7.2% in 2017 and almost three times higher compared to 2016, corresponding to a total volume of 680,000 m² according to Savills.
Briefing note Workspace as a Service (WaaS) Trend or necessity?
The largest market over the past five quarters was London (217,000 m²), followed by Paris (126,000 m²) and Berlin (81,000 m²).
Eight percent of space turnover in Berlin are accounted for by Flexible Workspaces.
up from 7.2% in 2017 and almost three times higher compared to 2016, corresponding to a total volume of 680,000 m² according to Savills.
“The effect of 'on-demand' economy on the office sector, is bringing the expectation for higher flexibility, shorter leases and personalised services.”
Eri Mitsostergiou, Savills European Research
Briefing note Workspace as a Service (WaaS) Trend or necessity?
The largest market over the past five quarters was London (217,000 m²), followed by Paris (126,000 m²) and Berlin (81,000 m²).
Eight percent of space turnover in Berlin are accounted for by Flexible Workspaces.
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