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CRE Executive Perspectives on Coworking

David Smith • 10/30/2019
The report reveals corporate perceptions of the value of flexible workspace and coworking strategies.

Cushman & Wakefield partnered with CoreNet Global to survey global commercial real estate (CRE) executives. The report reveals corporate perceptions of the value of flexible workspace and coworking strategies. Some key findings include:

  • Nearly two-thirds of companies utilize coworking to some degree, and many respondents expect to double their commitment to coworking over the next five years.
  • One-third of companies using flexible space report occupancy cost savings of more than 5 percent.
  • Despite an overall positive view of coworking, CRE executives are realistic about the challenges for the workforce.

Additional findings include general perceptions of coworking, current usage, expected impacts on cost, and past and future employee utilization of flexible office spaces.

See how and why the flexible workplace matters.

Authors

David C Smith (image)
David Smith

Head of Occupier Insights, Global Research
Atlanta, United States


+1 (404) 853-5310

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Carol-Wong-01_Headshot_Regional
Carol Wong

APAC Lead, Total Workplace
Singapore, Singapore


+65 63178320

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Jeremy-Pearson
Jeremy Clive Pearson

Managing Director, Tenant Advisory Group, Asia Pacific
Central, Hong Kong


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OConnorKellen Associate
Kellen O'Connor

Associate
Seattle, United States


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