OfficeRnD：2025年第四季度的关键见解报告-FlexIndex共享办公和弹性空间表现状况（英文版）

Q4 2025 closed with stable occupancy and a clear step-up in revenue efficiency. Compared with the start of the year (Q1 2025), the big story is not “spaces got dramatically fuller.” It’s that operators, on average, generated more revenue per occupied desk and more revenue per available desk - two of the most practical KPIs for running a profitable flex business when space and staffing costs are largely fixed.