When I first read the report we produced on how Fortune 500 companies are utilizing WeWork spaces across the globe, the data told a clear story.
-- 1 in 4 of the Global Fortune 500 use WeWork
-- 2 in 3 maintained or grew their footprint year over year
-- Average footprints grew by 21%
-- 95 days from inquiry to occupancy
-- 60% of companies have space in multiple cities
-- 53% have space in multiple countries
As I said in the report, “The question is no longer whether flexible workspace has a role in the enterprise portfolio. The question is how companies integrate it alongside long-term leases to create a real estate strategy that’s faster, more resilient, and better suited to growth or uncertainty.”
In a business environment shaped by AI, shifting headcount, changing market priorities, and continued uncertainty, real estate can no longer be static. It needs to move with the business, and we're seeing that in real time -- across all markets.
https://lnkd.in/gdARRnqa
The data is in: Large global companies continue to choose WeWork—and keep growing their footprints.
Our latest Business Intelligence study, The Global Fortune 500 Flex Space Report, features important insights on enterprise occupancy, desk counts, and key factors driving their growth.
Read the full report: https://we.co/3RBFkSN
A good read. Workplace flexibility is no longer just an option it's becoming an important part of enterprise real estate strategy.