News

Hong Kong, the Asia-Pacific’s most expensive office market, is expected to rise rental costs again due to the consolidation of firms leading to a decrease in competition.

At Bisnow’s NYC Office & Workplace of the Future event, experts discussed the state of the flexible office sector and what to expect in the face of an economic downturn.

Boston-based coworking operator Workbar has managed to become a staple provider in the industry through its networking business model and community-building efforts.

As coworking spaces continue to blossom into a thriving industry, many niche coworking firms have started offering services that are catered to specific professions.

Coworking operator Second Home’s new location in London Fields is aiming to become the city’s most family-friendly workspace by incorporating the company’s first nursery.

A report from Herron Todd White has revealed that Australia’s coworking market has grown by nearly 300%, with Melbourne having the largest concentration of workspaces.

Research from Ropes & Gray suggests that the coworking market may actually grow faster during an economic downturn despite some analysts’ concerns that it would slow.

Design firm Vocon is one of the many companies who have effectively used technology to collect data and improve the layout of workspaces to better accommodate employees.

Women-focused coworking community The Wing has revealed its new 22,000 square foot headquarters located in a 19th-century former hospital in New York City’s East Village.

JLL’s recent research reveals how UK’s flexible office market is evolving, with predictions showing that the sector will take up 8.5% of total office stock by 2023.