11
Cushman & Wakefield
Shanghai
“Between 2000 and 2005, the occupier base was
mainly foreign companies. Due to the recent
introduction of governmental policies promoting
business and economic growth, the tenant type
has shifted dramatically towards local companies.
Chinese growth in domestic and international
markets has meant that businesses are now willing
to spend more on their office space. Approximately
60% of our clients in Shanghai are Chinese.”
Sylvia Allan
, The Executive Company, Shanghai
Berlin
“Pre-2000, our tenant mix was predominantly media,
telecoms and finance. The losses we experienced
following the dotcom bubble forced the company
to reconsider the tenant mix and ever since we
have implemented strategies to diversify the tenant
demographic across all industry sectors.”
Marcus Grebenstein
, Regus, Berlin
142
82
83
108
London
New York
Hong Kong
Paris
Shanghai
Los Angeles
Manchester
Tokyo
Sydney
Melbourne
Berlin
Technology
Professional Services
Creative
Finance
Other
28%
28%
17%
15%
12%
Global Hotspots
Who Occupies Flexible Office Space?
87
12
%
Growth
6
%
Growth
108
Locations
74
Locations
1.1
%
Take-Up
1.1
%
Take-Up
Number of Flexible Offices
Growth
: Flexible office growth rate 2010 – 2015 yoy
Locations
: Number of flexible offices
Take-Up
: Flexible Office take-up as % of total take-up 2010-2015