CBRE has acquired a 35 percent interest in flex-space
provide, Industrious, with an option to grow its investment to a 40 percent
total stake.
The investment significantly increases CBRE’s participation
in the flexible workplace sector and positions the company to meet rising
demand from occupiers for agile space solutions – a trend that is being
accelerated by the Covid-19 pandemic.
Recent CBRE surveys show that 86 percent of its occupier
clients, which include many of the world’s largest global corporations, plan to
incorporate flex office space in their real estate strategies, and 82 percent will
favor buildings that offer a flex-office component.
The deal follows Newmark’s announcement earlier this month