A growing and influential sector, coworking is changing how occupiers, workers, and inves- tors think about the office workspace. However, questions remain about the sustainability of the model and what its ultimate impact will be on traditional office space. Cushman & Wakefield’s coworking and flexible office space report delves into where the coworking sector is and what to expect for its future.
Flexible offices will maintain momentum Currently accounting for 1% of total office inventory, expect the sector to triple in size in the foreseeable future and represent between 5% and 10% of inventory in many markets.
Investors comfortable with 15-30% of building allocated to coworking tenants without material adverse impact on valuations.