The appeal for flexible and smarter workspaces has dramatically increased, allowing the hub and spoke to resurface as it favours the well sought out hybrid working conditions.

Net office space refers to the actual usable area within an office building. It excludes shared spaces such as hallways, restrooms, and stairways. Tenants use this space for desks, meeting rooms, and other work-related activities. It's a key metric for understanding the functional size of an office.