CRE EXECUTIVE PERSPECTIVES ON COWORKING: HOW AND WHY THE FLEXIBLE WORKPLACE MATTERS

CRE EXECUTIVE PERSPECTIVES ON COWORKING: HOW AND WHY THE FLEXIBLE WORKPLACE MATTERS


February 2020

The phenomenon of coworking continues its aggressive growth. The global inventory is now approximately 125 million square feet (msf), with more than 50 msf of it located in the United States. The influx of new space is unceasing with frequent announcements of new leases signed by the industry’s largest players. Traditional real estate firms—both investors and services firms—have also entered the sector to provide flexible workplace solutions directly to their clients. This model has been embraced by much of the corporate real estate (CRE) community and is serving a diverse clientele, long comprised of a mix of global enterprises alongside small and medium firms. Learn more through this report based on the results of a survey conducted by CoreNet Global and Cushman & Wakefield.

Keywords: co-working, workplace, portfolio, business


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