Demand for managed offices looks set to rise significantly over the next two to three years, according to new research published by Kitt.
The company’s ‘The New Office Normal’ report, which surveyed owners, operators, agents and advisers, found 92% of respondents believe demand for managed offices will grow in the next few years.
Demand is being driven by the desire to reduce voids with 82% of agents and 64% of landlords stating this as the main driver for engaging with managed space.
Some 62% of respondents cited valuation uncertainty as their top challenge when to engaging with managed offices, with the research also finding managed workspace operators and landlords are considering larger buildings, regional expansion and “complete product ecosystems”.
Steve Coulson and Lucy Minton, co-founders of Kitt, said: “Managed offices aren’t a niche anymore – they’re the future. Occupiers want more than leases. They want service, speed, and simplicity. Landlords want stronger, more stable income. Managed space sits at the intersection of both.
“We commissioned this research because we believe in the managed office model and wanted to gain a clearer understanding of the opportunities and challenges across the industry. The findings confirm what we’ve seen first-hand: demand is accelerating, and managed offices are becoming a core part of real estate strategy.
