OE Landlord Deck 4_2020

RECESSION RESISTENT MODEL

CATEGORY : The coworking category continues to grow. Recession- resistant, the category succeeds in good times and challenging times. Illustrative of this, industry bellwether Regus’s occupancy only reduced by 5.5% during the great recession. ENTERPRISE NEED: Enterprise recognizes the need to diversify their property portfolio, instilling more flexible leases. It is projected that enterprise will put 20% of their property portfolio in flex space. SMALL BUSINESS NEED: There are 23 million US Microbusinesses, increasing at 3 times the rate of the population growth. The growth rate of this market typically increases post market downturn.