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Flex occupiers seek to close deals faster, MetSpace reports
['Jamie Bennett-Ness']
Property News for Commercial & Residential Sectors at Property Week
Flexible office deal execution is getting faster, with three quarters of transactions completed within one month, according to analysis by managed office specialist MetSpace, Property Week can reveal.
MetSpace’s analysis of 36 office deals completed between February 2024 and July 2026 showed 75% were closed within one month, while 28% were completed within two working weeks.
MetSpace added that its recent deals were completed around 25% faster than the preceding wave of deals as the company adapts to new occupier priorities.
Diamond added that the boom in managed office space demand in recent years had helped shorten decision-making periods significantly.
MetSpace said occupiers were increasingly wanting workspace that could support their teams immediately, meaning demand for managed and pre-fitted offices is growing.