For this week’s Brave Ideas episode, Brave Corp CEO, Caleb Parker, sat down with Andrew Dunn, Vice President for Brookfield Properties to discuss how the company is scaling its 1.8 million square feet of flex space through the innovative use of hybrid leases, and why stability and flexibility are critical to their success.
Brookfield has been a leader in integrating flexible office space into their portfolio, and Andrew dives deep into their hybrid lease model, which is a blend of fixed rent and performance-based incentives, and he shares how that is helping them grow flex space in key markets. This model is a departure from traditional leasing and provides a pathway to long-term sustainability in an ever-changing market.
Here’s what we cover:
💡 Hybrid Leases: Why Brookfield is using a mix of fixed rent and performance-based incentives to align landlord and operator interests.
📊 Stability Over Risk: How Brookfield balances stability and flexibility in the evolving flex space market.
🔑 Corporate Demand: The role corporate tenants are playing in driving the growth of flex space.
🌍 Global Flex Footprint: How Brookfield is expanding its flex portfolio across key markets, including the US, UK, and Brazil.
The Big Question
As the office space market continues to evolve, how can landlords and operators leverage hybrid lease models to ensure flexibility and long-term growth? And what can we learn from Brookfield’s approach to creating stability in the midst of a rapidly changing market?
Who should dive into this epside?
➡️ Landlords looking to innovate with hybrid leases and flex spaces
➡️ Co-working operators and tenants in the flex space market
➡️ Investors interested in the future of office real estate
Links
Connect with Andrew Dunn
This mini-series is presented by ReturnSuite:
Software that simplifies complex cash flow modeling for modern real estate companies.
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