Flexible workspaces account for only 5% of 4.3 million sq ft leasing in Q1 this year April 20, 2021 × IT-BPM accounted for about 47 per cent of the total leasing, driving the demand, according to Colliers Flexible workspaces accounted for 5 per cent of the 4.3 million square feet leasing in Q1 2021, down from 11 per cent share of the 12.2 million square feet in Q1 2020. Operators continued to be cautious on expansion and instead focused on opening centres only with established demand from enterprises. Flexible workspaces saw corporate clients leasing over 11,800 seats with them during the quarter. Bengaluru saw majority of the flexible workspace leasing. Mumbai and Pune had one deal each.