Invitation to Tender: BCO Research Project - Growth of Flexible Workplace: impact on the specification and lifespan of office space in the UK

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Invitation to Tender: BCO Research Project - Growth of Flexible Workplace: impact on the specification and lifespan of office space in the UK

13 Jun 2018

The BCO is pleased to invite your company to submit a research proposal for an important research study as described below.

Background

Flexible workspaces have been a longstanding part of the UK property market but more recently the sector has been at the forefront of Property developers, landlords and investors’ minds, as the sector has come to the fore of the leasing market, with the sector accounting for c20% of leasing in London and Birmingham in 2017 and 10% in the Thames Valley and Manchester for example. New entrants into the market appear to have transformed not only the real estate offer but the level of services to the tenant. Landlords are increasingly wanting to engage with flexible workplace operators to find out how they use their office space and work out how they can best accommodate these requirements. This sector is perceived to use its space more densely than traditional business sectors, which is likely to have implications for the specification and life span of offices in the future.

This research project will focus on whether the requirements from the sector are truly different and whether this will impact on the specification of offices. The intention is to produce a genuinely insightful piece of research which looks at how this dynamic sector is shaping the office market.

Research objectives

The objectives of this research project are to:

• Better understand the make-up of the flexible workplace sector, which includes organisations providing traditional serviced offices, co-working, managed solutions and a hybrid of operations in between

• Comment on whether the current surge in demand from this sector (particularly as a percentage of overall demand) is likely to be sustained into the future

• Understand how the flexible workplace sector uses its space to include occupier densities and whether this has any impact on the lifespan or obsolescence rate of office buildings

• Comment on the physical challenges in accommodating this sector within an existing building

• Understand whether secondary office space can accommodate the sector

• To help the users of the BCO Guide to Specification

Download specification.

Any queries regarding this specification should be addressed to:

Arezou Said 
Director of Research and Policy 
BCO 
78-79 Leadenhall Street 
London EC3A 3DH 

T 020 7280 9683 
F 020 7626 1553 
E arezou.said@bco.org.uk 


Deadline for the proposal is 20 July 2018 at 5pm and it should be submitted by email to arezou.said@bco.org.uk.

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