In today's unpredictable market, businesses face ever-changing challenges. Adaptability - the ability to respond - has become more crucial than ever. Elena Christodoulou, leasing specialist at B:HIVE Smales Farm, explains that as a result, many businesses are exploring flexibility as a key strategy and looking beyond traditional office spaces. While flexibility is often thought of as meaning remote or hybrid working models for employees, for business owners it is an astute business strategy.
A space that can respond to market challenges is a fantastic business asset - and that’s exactly what is offered at B:HIVE Smales Farm. Here, businesses share high-quality facilities like kitchens, dining areas, collaborative spaces and meeting pods, whilst also enjoying the privacy of dedicated offices. Says Christodoulou, “Many businesses expect some level of cost efficiency with shared spaces, but they don't expect to find a calibre of space as high as what B:HIVE offers. These are state-of-the-art facilities where every detail has been thought of. Flexibility is the cherry on top but also absolutely at the core of our thinking.”
Flexibility in leasing allows businesses to expand or contract as needed. Christodoulou notes that over 60% of businesses within B:HIVE have changed shape during their tenancy, leveraging the opportunity of adaptable workspaces.
Modular design and short-term licenses mean that offices can be reconfigured to suit changing needs. This flexibility is not just convenient but also sustainable, eliminating waste typically associated with traditional office moves or renovations. The ability to adapt without leaving a large environmental footprint is increasingly important for many.
“Business is dynamic,” says Christodoulou. "We have seen a lot of change lately. Some of our members are growing and need more space, while others are strategically reducing their footprint.”
Christodoulou expects interest in flexibility to only increase as businesses explore different ways of working. “An increasing number of businesses today offer some form of hybrid working. At B:HIVE, organisations are realising the full potential of shared space and how it can be used to strengthen business outcomes and drive efficiency,” she explains.
One innovative example is businesses that have desk numbers for less than the full team size, utilising B:HIVE’s unique desk and membership model. "In that case, team members work on certain days of the week and then come together for collaboration or team-building opportunities. Other B:HIVE members enjoy a secure office with desks for each staff member, prioritising working together physically as a team most days. It's really interesting to see how our members use the model," Christodoulou adds.
In anticipation of increased demand for flexible working environments, B:HIVE is expanding its shared space offering with the highly anticipated B:HIVE+ opening in early 2025. Elena encourages any businesses interested in finding out more to express interest at bhive.co.nz
With the opening of the new space, B:HIVE is expanding their team. Check out B:HIVE socials for more information if you are interested in joining the team!
