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Prague’s Coworking Market is on the Rise

Jo MeunierbyJo Meunier
August 21, 2019
in News
Reading Time: 1 min read
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In the Czech Republic, the city of Prague is seeing a coworking boom. According to CBRE, the number of coworking and flexible office locations in Prague has risen 150% since 2017.

The city is now home to more than 30 flexible workspaces.

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“Our research reveals four main reasons that motivate companies to choose coworking spaces: coping with an increase in short-term demand, cost reduction, testing an alternative workplace, and as part of efforts to attract new talent,” commented Lenka Hrudíková, Coworking and Flexible Office Specialist at CBRE.

“The last reason is becoming increasingly important with regards to the approach of the millennial generation to work, and the long-term low unemployment rate.”

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Workspace Geek - Coworking Management Made Simple
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Jo Meunier

Jo Meunier

Jo is Allwork.Space's Senior Editor for the UK and Europe. Jo has worked within business centre and coworking circles since 2009, researching and contributing written features for numerous industry publications. She reports on the latest market news and delves into local issues with one main objective: to champion the flexible workspace industry and its members.

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