Officebroker.com is rebranding as Officio to move away from the broker model and aid clients in finding long-term solutions, rather than completing short-term goals.
Remote working has become more than a trend
Working remotely has become increasingly accessible to workers from all sectors of the workforce. With various forms of instant messaging, video conferencing, and coworking spaces, remote working is easier than ever.
Regus.co.za reports that workers in South Africa telecommute about 56% of the time and 52% of the time worldwide.
“Millennials, who are now entering management positions, want mobility and flexibility, to be able to work anywhere, at any time. There is an increase in ‘telecommuting’ with staff working from home or from cowork spaces and virtual offices,” said Mari Schourie, CEO of South Africa coworking operator The Workspace.
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Dimension Data spoke to 73 executives with companies that have at least 1,000 employees and found that 42% of organizations in South Africa have employees working from home full-time and 67% saying employees will be working from home full-time in the next two years.
Mobile technology allows employees to work virtually from anywhere at anytime, but many companies still have not caught onto the idea of remote working and its numerous benefits including it’s cost effectiveness, flexibility, reduction in employee turnover, and allowance for a wider pool of applicants.
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JLL research revealed that Dallas-Fort Worth is ranked 12th out of the country’s top 15 coworking and flexible space markets, taking up 3 million square feet of space.
Office provider LABS has launched its 96,100 square foot flagship property LABS House in Bloomsbury, London that features coworking, offices, and full-service dining.
Cool office interiors are ideal at first glance, but looking into a company’s principles, such as gender equality and flexibility, will be the factors that retain talent.
Colliers International revealed the success of the office market last year due to high demand for coworking and tech firms, but predictions for 2019 are uncertain.
Shared office space providers as tenants have become the norm for many landlords and building owners, and now many REITs have adopted coworking as it continues to expand.
Brookfield Properties has teamed up with Convene to spruce up the 73,000 square foot Brookfield Place into a full-service events venue that accommodates up to 500 people.
Many coworking operators pride themselves on massive, rampant expansion, but some industry experts believe this growth could lead to failure and consolidation in 2019.