occupation collaboration or offices flexibleAs it is known, real estate jargon continues to increase. According to the latest report published by the consulting firm CBRE with data updated until September, in the third quarter Lease agreements for nearly 4,600 workplaces were signedCalculating 10 square meters for each area for the worker, this is equivalent to approximately 46,000 square meters of area. The majority of all these hires, almost 90%, are evenly distributed between Madrid and Barcelona, with 2,060 and 2,035 positions respectively.
According to the consultancy, the interest in renting in such flexible offices is also reflected in the increasing space occupancy. “During the third quarter, when activity is traditionally low due to the summer period, the regional market reflects an increase in the occupancy rate of flexible spaces. The average of the analyzed cities is 82%They point out that “2% increase compared to the previous quarter” in the study signed by Salvador Aguilar, head of Agile Practice at CBRE Spain.
“It is an ever-expanding sectorThe excellent quality of life and the main regional squares where companies and employees focus on settling are particularly highlighted. In most cases, given the high level of occupancy and the supply of space, we observe that the demand for space, in some cases not very professionalised, is an unmet trend,” says the manager.
The hiring trend in flexible offices is the opposite of that in more traditional buildings. Also, unlike flexible spaces, according to CBRE, Office rents decreased by 11% in July, August and SeptemberDuring the period, only 109,000 square meters were signed, bringing the annual decrease to 15%. According to the consulting firm, the decline is not dramatic because it is in line with the historical average.
Madrid and Barcelona are the leading markets
Madrid and Barcelona are leading markets for flexible offices as well as other asset types. The average occupancy rate in the capital is 84%during In Barcelona, this rate is 79%. In both cases, they are in line, above and below the national average.
In the case of Madrid, the consultancy detects a slowdown in the pace of new flex space openings compared to the same period the previous year, although the number of flex spaces continues to increase. There are currently more than one 24,000 positionsThe total is 242,000 square meters, almost a thousand more than a year ago. There is in Barcelona 22,370 positionsCompared to 21,200 available in 2022.
HE weight collaboration There are more flexible offices in Barcelona than in Madrid relative to the total office park: in the former they represent 3.4% of the available square meters and in the latter 1.8%.
Occupation in Malaga, Valencia and Alicante
Malaga is the city with the best occupancy rate, 98%, almost at the ‘complete’ mark. Occupation in the last quarter increased by 6%We place this ratio as follows: all time highs. “Due to the lack of availability in the city, only 87 flexible jobs were hired in the third quarter, a total of 568 people are currently hired. In total, the Andalusian city has 580 positions and 5,800 square meters of stock in these properties. The city lacks attractive available spaces for this sector, normally over 1,500 square meters “While it stands out, it has positioned itself as one of the main expansion points nationwide for the largest operators in the market looking to expand square metres.” Explain from CBRE.
The second city with the best occupancy is Seville.It is at 85% level. 140 positions were signed in the third quarter, making it the regional city (excluding Madrid and Barcelona) with the second most positions hired. ValenciaWhere 199 people were hired. However, the city of Turia was occupied 78%, much lower than that of the Andalusian capital. In the case of Seville and Valencia, although the country’s main companies are trying to expand, “there is difficulty in finding the most suitable space in the centre”; In the case of the capital city of Seville, the Cartuja region is the only possible region. According to CBRE. Inside AlicanteIt is the sixth most important city in the market occupancy rate 69% and only 45 flexible jobs were signed in the last quarter.