Avison Young partners with Flex Index; delivering insights on hybrid workplace trends

broker and client review flex workplace trends May 21, 2024

First CRE firm to utilize Office Benchmark product offering of comprehensive metrics on flexible work approaches

Chicago, IL – Avison Young and Flex Index today announced a partnership that will deliver a new generation of workplace benchmarks that goes beyond space metrics, allowing access to a comprehensive collective data set of policy and workplace metrics that can be sorted by industry, geography, company size, and hybrid work requirements – empowering leaders to evaluate their investments and policy decisions compared to peers. Avison Young will be the first real estate firm to partner with Flex Index on their new Office Benchmarks product to provide holistic workplace benchmarks and hybrid workforce trends.

Building on shared values of integrity, trust and collaboration, global commercial real estate advisor Avison Young will be the first in the industry to use this new benchmarking model that will enhance client advisory services including decision-making around office investment, office planning and employee experience.

“It’s exciting for Avison Young to be the first in the CRE industry to build a partnership with Flex Index, recognizing their unique and comprehensive blend of policy and workplace metrics,” said Sheila Botting, Principal and President, Americas Professional Services. “Office Benchmarks will enrich the real estate decision-making process, reflecting new ways of measuring workplaces in our hybrid world and arming Avison Young’s Professional Services team with another metric to support the portfolio needs of owners and occupiers.”

“We have seen firsthand how valuable the Flex Index policy information has been for Avison Young’s clients and we are excited that this partnership will give them access to greater information for their data-driven workplace decisions,” added Michelle Osburn, Principal and Senior Director, US Workplace Consulting. “Clients want to have full confidence that their next space will support their people and their business – Avison Young’s workplace strategy and real estate expertise combined with meaningful benchmarks delivers that preferred confidence.”

Flex Index is the leading authority on hybrid, remote, and full-time office policies for thousands of companies around the globe, enabling employers to compare their office holdings and usage to firms with similar flexible work approaches. The Avison Young/Flex Index partnership fulfils the gap of tying metrics to policy with the benchmark data on how firms are realistically using their office space.

“Hybrid work has made the job of the workplace executive much more complicated. Workplace usage metrics have become more dynamic and are heavily impacted by a company’s hybrid work policy,” said Robert Sadow, CEO & Co-Founder, Scoop & Flex Index. “We’re excited to collaborate with Avison Young to empower workplace executives with rich benchmark insights that will lead to better office investment decisions.”

Avison Young is a leading firm that is seeing consistent growth driven by its use of intelligence platforms that provide clients with insight and advantage. To meet mounting demand and scale its business effectively, the company is committed to providing staff with the tools they need to focus on value-add work and superior client advisory experiences. 

About Flex Index

Flex Index was launched in February 2023 to create a one-stop shop for hybrid workforce data. Flex Index represents the largest proprietary dataset on company approaches to hybrid and remote work. Flex Index covers more than 9,000 companies that collectively have more than 75,000 offices and employ more than 100M people globally. Hundreds of thousands of people have read their monthly Flex Reports, and Flex Index data has anchored hybrid work coverage in top publications such as The Wall Street Journal, New York Times, Forbes, Fortune, and Bloomberg.

About Avison Young

Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. As a private company, our clients collaborate with an empowered partner who is invested in their success. Our integrated talent realizes the full potential of real estate by using global intelligence platforms that provide clients with insights and advantage. Together, we can create healthy, productive workplaces for employees, cities that are centers for prosperity for their citizens, and built spaces and places that create a net benefit to the economy, the environment and the community.

Avison Young is a 2024 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for 13 consecutive years.

Media Contacs:

Sandra Hill, Senior Manager, Media Relations – United States, Avison Young: +1 281.853.5548

Robert Sadow, CEO & Co-Founder, Scoop & Flex Index: +1 678-428-3879