After going on a massive expansion spree following funding from SoftBank’s Vision Fund, The We Company revealed that it doubled its losses and revenue last year.
A collaborative environment can be achieved by traditional offices too
Property and development companies Landsec and British Land have both revealed that flexible office space will be a big portion of their office portfolios going forward. In addition, Property Week’s recent report revealed that two-thirds of corporations will shift towards flexible offices in the next three years.
The demand for more collaborative spaces is high, but that does not mean that current office owners will hurt from this change. Moving towards a coworking environment can be as simple as smarter layouts and better technology.
Although coworking emphasizes collaborating with people outside of your company, it is still vital to communicate with the different sectors of your own workplace. With this, the same motivational and collaborative feel can be achieved within traditional offices.
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25hours Hotels CEO Christoph Hoffman is unimpressed with the massive growth of coworking, coliving and homesharing trends and believes the market has become saturated.
American-based design studio Brand Bureau has renovated an old food processing factory into a venue that features coworking spaces, dining, shuffleboard courts, and more.
At Innovation 2019, an international panel agreed that offering flexible workspaces for public bodies boosts productivity, morale, and is more tax and cost efficient.
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.
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.