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uffizis for landlords
The rules of game have changed. Yes, Covid-19 has a significant part in the new rules of the Office Market, however Covid-19 is mainly an accelerator of a disruption started in 2010 by Flexible Workspace Providers
Many Tenants have come to realize that short term lease commitments and flexibility are crucial for their responsible corporate risk management
Therefore, Landlords HAVE to add flexible workspace offerings in their Office portfolios
Our team has an extensive Flexible Workspace "KNOW-HOW" - we have built and executed 15 successful Flexible Workspace business centers across the leading cities in Europe and we have examined hundreds of Flexible Workspace opportunities
Whether you think about creating your own flex’ operation or co-operating with a flex’ workspace provider - we’ll be happy to provide you the best flex’ workspace practice there is
uffizis for landlords
The rules of game have changed. Yes, Covid-19 has a significant part in the new rules of the Office Market, however Covid-19 is mainly an accelerator of a disruption started in 2010 by Flexible Workspace Providers
Many Tenants have come to realize that short term lease commitments and flexibility are crucial for their responsible corporate risk management
Therefore, Landlords HAVE to add flexible workspace offerings in their Office portfolios
Our team has an extensive Flexible Workspace "KNOW-HOW" - we have built and executed 15 successful Flexible Workspace business centers across the leading cities in Europe and we have examined hundreds of Flexible Workspace opportunities
Whether you think about creating your own flex’ operation or co-operating with a flex’ workspace provider - we’ll be happy to provide you the best flex’ workspace practice there is
covid 19 & work from home (wfh)
For weeks, humanity's majority was under lock-down with 2.5 billion people can't leave their homes.
Due to this unprecedented (though forced) situation- the biggest work from home experiment has taken place.
Unsurprisingly, driven by top notch online technologies, the forced WFH experiment is treates a HUGE success.
THE OFFICE SECTOR - POST COVID-19 DISRUPTION DRIVERS
Due to the following drivers, the way companies consume their workspace is going to change (for ever):
SIGNIFICANT DISMISSALS
It is likely that companies that survive the lockdown
will reduce an average of 20% of their workforce
by way of dismissal
WORK FROM HOME (WFH)
It has been proven that working from home is more than possible, it could also be efficient if doing it right. Many companies will adopt, to some extent, a ‘working from home’ method of work. Up to 25% of a company’s workforce will enjoy from the benefit of working from home, a few days a week (1-3 days per week).
Land lords
uffizis for landlords
THE RISE OF THE FLEXIBLE WORKSPACE INDUSTRY
Following the 2008 "Lehman Brothers Crisis", a new industry has arised - the Flexsible Workspace Industry.
Led by Wework and competing with conventional Landlords, Flex' workspace operators such as industrious, The Office Group, IWG Group and Wework, the industry started offering Occupiers relevant
offerings based on two fundamentals:
- Short term commitments
- Size doesn't matter
In the past 10 years, the Flexible Workspace Industry has become a major player in the Office Sector.
Even more important, Tenants have gained focus like never before.
UFFIZIS FOR LANDLORDS
It took landlords almost a decade to understand that flex’ workspace is here to stay.
Even during 2019 many landlords didn’t understand the great necessity of having a flex’ workspace component in their buildings. Now, that demand will be driven by occupiers, and occupiers will surge for flex’ solutions and short term commitments -
landlords will have to add flex’ workspace solutions their buildings.
Landlords that will not adjust and will not address this 2nd disruption - will themselves struggling with Conventional leases.
However, the leading flex’ workspace providers such as Wework, Mindspace, Industrious, Spaces
and others are not signing long term leases anymore - they have shifted their business method to management agreements.
This new method of partnership between landlords and flex’ workspace providers is facing birth pains - Office sector management agreements are relatively new (only a few significant deals were signed so far) and quite complex.
It would be right to say that the market majority (providers and landlords) “suffer” from lack of management agreements knowledge and experience.
UFFIZIS FOR LANDLORDS & FLEX'
WORKSPACE PROVIDERS
WE’VE GOT IT!
1. Many of the biggest management agreements in the industry were signed by Mindspace (which is a world leader in flex’ workspace management agreements).
2. The biggest management agreement deals to ever be signed in both London (UK) and Philadelphia (US) were signed by Uffizis’s CEO
UFFIZIRE WILL ACTIVELY APPROACH LANDLORDS (BOTH IN ISRAEL AND EUROPE) IN ORDER TO OFFER THEM MANAGEMENT AGREEMENTS ADVISORY SERVICES