NZ Property Investor

OFFICE DISRUPTION

Real estate giant JLL estimates that up to 30% of corporate real estate could be flexible workspace by 2030, adding $1.8 billion to the country’s economy.

The industry is estimated to be growing by 25% each year and a recent JLL workplace survey shows 65% of businesses globally see co-working space as a way to reduce capital and operating expenses.

Co-working spaces operate differently to traditional office lease models. Individuals and companies typically join co-working spaces as members, paying a fixed monthly fee depending on the number of desks they require. There are no hidden costs or long leases.

This type of space is being used by

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