OBC: Dubai experiencing rising demand for flexible office space solutions

OBC: Dubai experiencing rising demand for flexible office space solutions

- Increased demand drives OBC's expansion into Emaar Square, Downtown Dubai

DUBAI, United Arab Emirates/PRNewswire/ -- Before 2020, the general belief was that offices were critical to productivity, culture and getting ahead in the talent war, as companies competed for owned office spaces in major cities around the world. Yet today where uncertainty, cost saving, flexibility, agility, and resilience are buzzwords resounding across all industries, organisations are downsizing their real estate portfolios. As a result, flexible office space is emerging as an optimal solution to the shifting commercial landscape.

One Business Centre (OBC), a company built to inspire entrepreneurship success by providing company formation, private office and coworking spaces in Dubai, has recently witnessed a profound transformation in its client occupancy demographic, and is even planning to expand its current space to 100,000sqft by the end of next year.

Formerly the home of start-ups, entrepreneurs, and temporary local clients, OBC is now the preferred address of a growing number of SMEs and global multinationals who have downsized since 2020. These two groups now make up 60% and 25% respectively of its current clientele in its prime locations in Jumeirah Lake Towers and Dubai Media City.

With a recent CBRE report showing that Dubai office