The UK office sector is ever evolving. An article on React News discusses Workthere’s new research on management agreements in the flexible office sector. Relying on a profit share model, a management agreement is an alternative to the usual model of occupation by way of a lease. The research says that such agreements have increased in popularity from 9% of deals in the UK flexible office sector before 2019 to 41% of the sector deals so far this year. The agreements gained popularity during Covid in challenging market times.  Interestingly, management agreements remain appealing, even though occupation rates in the flexible office sector have recovered since Covid. The research also shows that management agreements are particularly attractive in Greater London and the regions compared to central London. Workthere expects that management agreements will continue to rise in popularity this year. It is interesting to see how the flexible office sector continues evolving to cater for the needs of both occupiers and their landlords.