How Flexible Workspaces Are Reshaping Urban Real Estate

Flexible workspace models reduce office vacancy by matching real demand to prime locations, enabling shorter commitments, better space utilization, and adaptive operations that transform urban real estate into resilient ecosystems.

The Problem of Office Vacancy in Cities

Traditional long-term office leases require companies to predict headcount years in advance, often leading to oversized or underused spaces. This rigidity has contributed to high vacancy rates across European cities.

Why Flexibility Changes Demand Dynamics

Flexible workspace models allow businesses to scale space up or down based on real needs. Shorter commitments and modular usage align office supply with actual demand, reducing long-term vacancy.

Operating High-Quality Vacant Spaces

Platforms like Sora focus on activating the top tier of vacant offices in prime locations. By operating and managing these spaces, they unlock value from underused assets without new construction.

Impact on Urban Real Estate Transformation

By improving space utilization and adaptability, flexible workspaces help cities optimize existing buildings, support new work patterns, and build more resilient, efficient urban real estate ecosystems.