{"id":196003,"date":"2025-12-21T06:09:08","date_gmt":"2025-12-21T06:09:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/196003\/"},"modified":"2025-12-21T06:09:08","modified_gmt":"2025-12-21T06:09:08","slug":"hong-kong-and-singapore-landlords-embrace-flex-offices-as-multinationals-reshape-demand","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/196003\/","title":{"rendered":"Hong Kong and Singapore landlords embrace flex offices as multinationals reshape demand"},"content":{"rendered":"<p>Landlords in Hong Kong and Singapore are expected to continue allocating space to <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/topics\/office-rental?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">flexible office<\/a> operators as <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/business\/banking-finance\/article\/3328068\/international-firms-flock-hong-kong-signalling-rebound-citys-capital-market?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">multinational corporations<\/a> reshape the sector\u2019s risk profile and fuel long-term demand, according to industry experts.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">A major driver behind this shift is the rapid change in who uses flexible workspaces. Global companies now represented 41 per cent of Asia-Pacific flex office users, the highest proportion worldwide and nearly triple North America\u2019s 14 per cent, according to Piers Mallitte, head of Workthere APAC at Savills.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">This marked a departure from the early days of the sector, when operators relied heavily on start-ups and small firms, analysts said.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cThe big game changer is risk profile,\u201d said Mallitte. \u201cFlex operators today are delivering creditworthy multinational tenants, not risky start-ups. It\u2019s not always foolproof, but operators and landlords complete enough due diligence and checks before occupiers receive the keys.\u201d<\/p>\n<p><img decoding=\"async\" alt=\"Multinationals are using flex space strategically to establish a footprint quickly, analysts say. Photo: Handout\" data-qa=\"BaseImage-handleRenderImage-StyledImage\" class=\"e1gf69pb2 css-6ikqhs e445x7d0\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2025\/12\/0f5c8c68-f10e-4f53-abb6-bd29ba3b53d3_e3bfec99.jpg\" title=\"Multinationals are using flex space strategically to establish a footprint quickly, analysts say. Photo: Handout\"\/>Multinationals are using flex space strategically to establish a footprint quickly, analysts say. Photo: Handout<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The contrast between Hong Kong and Singapore\u2019s office fundamentals further explains why landlords are reassessing flexible workspace.<\/p>\n","protected":false},"excerpt":{"rendered":"Landlords in Hong Kong and Singapore are expected to continue allocating space to flexible office operators as multinational&hellip;\n","protected":false},"author":2,"featured_media":196004,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[28534,1631,972,111378,114,111376,4483,11804,3448,27396,85,111379,46,111380,33821,111377,41951,111381,2252,60914],"class_list":["post-196003","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-apac","tag-asia-pacific","tag-australia","tag-bakehouse","tag-business","tag-cbre","tag-deloitte","tag-greater-china","tag-hong-kong","tag-hong-kong-island","tag-il","tag-international-workplace-group-iwg","tag-israel","tag-jll","tag-knight-frank","tag-moovup","tag-north-asia","tag-savills","tag-singapore","tag-tec"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/196003","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=196003"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/196003\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/196004"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=196003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=196003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=196003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}