OFFICE DISRUPTION
Jul 01, 2021
4 minutes
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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