The "Orega 2026 Flex Report" reveals that flexible workspace is now a central and rapidly expanding component of UK office portfolios, rather than a niche offering.

Flexible offices
Over 81% of landlords, advisors, and asset managers plan to increase their flexible space offerings in the next one to three years, with 33% already dedicating up to half of their office space to flex options. This growth is particularly strong in major cities like London and Manchester, and among owners of larger portfolios and younger decision-makers.
The shift is driven by a desire to attract and retain occupiers (39%), enhance the overall building experience (38%), and boost occupancy and revenue (35%). Landlords now view flex as a strategic asset to improve performance and appeal to modern businesses seeking adaptability, access to prime locations, and straightforward costs. Economic uncertainty is also a significant factor, leading businesses to favour flexible terms over long-term leases, prioritising convenience, amenities, and the ability to access multiple satellite offices.
While the demand for flexible space is high, challenges remain, including concerns about demand stability, perceived higher costs compared to traditional leases, and a lack of in-house operational expertise. Property owners are seeking better technology solutions (especially AI), proven success stories, stronger operator partnerships, and clearer financial frameworks to support their flex strategies.
Regarding operational models, 39% prefer joint ventures or management agreements with specialist operators, 33% favour in-house operations, and 23% opt for lease-based third-party arrangements. The expertise of operators in managing day-to-day services and enhancing the building's appeal is highly valued. However, landlords are wary of reputational risks (41%), a lack of transparency (33%), and the complexity or potential underperformance of operator partnerships, emphasising the need for credible, transparent, and aligned partners.
Alan Pepper, CEO of Orega, commented: “This independent research confirms what we are seeing on the ground—flex is not an optional extra, it is a core part of how office buildings are positioned and operated. Landlords and asset managers are recognising that occupiers want flexibility, operational simplicity and a high-quality experience, and flex delivers on all three. What is particularly striking is the shift from flex being a space-filling solution to a long-term occupier retention and asset enhancement strategy. In today’s market, if you’re not offering flexibility, you could be at a competitive disadvantage.”
The survey, conducted in March 2026 by Markettiers, gathered insights from 500 UK professionals, including landlords, their advisors, property asset managers, institutional investors, property developers, and property fund managers.
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