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Co-working companies took up 2 million sq ft of commercial office space in the first quarter of this year alone, which is more than the 1.8 million sq ft they took up in 2017. Demand for co-working spaces been on the rise.co-working will replace traditional office spaces, it is important to note that a co-working space is complimentary and does not conflict with the traditional office space and that both co-exist. Going forward, we will see occupiers using a mix of both flexible and traditional spaces. To know more : https://cubickle.com/
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#Some Recent Moves and Facts • Co-working companies took up 2 million sq ft of commercial office space in the first quarter of this year alone, which is more than the 1.8 million sq ft they took up in 2017, Knight Frank said in a report . • Tech titan Microsoft moved 70% of their marketing and sales teams to coworking spaces. • Media Company Discovery Communications, Inc. claimed 150 seats at a coworking space in Mumbai. • Toronto has 39 co-working office space companies with a total of 80 locations spread across the city’s submarkets.
What #Coworking is Co working Space have blossomed as a viable option. A shared work environment where a group of people from different employers share. Users of coworking space are often self-employed, frequent travellers , and work in either small start-up companies or with smaller non-profit organizations. The individuals and Organizations who rent co-working space also vary across numerous industries.
Why the demand for co-working spaces been on the rise? • Due to the changing perception of the office, the workplace is being viewed as an instrument that could drive a dynamic and vibrant culture of corporate productivity. • The co-working operator is filling this niche and is fast being regarded as a specialist in workplace management, who can cultivate an environment of collaborative enterprise that yields tangible benefits to the occupier.
Summary of All surveys • Demand for co-working spaces to triple in 3 years. • The expansion plans of major players and the increasing appetite for this format from occupiers, property owners and co-working operators should see annual transaction numbers triple from current levels over the next three years, • Approximately 50 per cent of the client roster of an Indian co-working operator is made up of big corporate. This can rise to as high as 80 per cent in the more premium priced offerings. • Although there is a lot of discussion on whether co-working will replace traditional office spaces, it is important to note that a co-working space is complimentary and does not conflict with the traditional office space and that both co-exist. Going forward, we will see occupiers using a mix of both flexible and traditional spaces
What is driving corporate giants to take advantage of the trend? • Big business is booming thanks to the benefits of coworking. • Saving Money Through Shared Space. • Taking Advantage of Flexibility. • Tapping into Coworking’s Creativity. • Improve their employees’ outlooks.
About our Friendly Community Cubickleallows you to create, focus and be comfortable in your own space. It is created to revolutionize the concept of working in a Office for Freelancers, Startups who are looking to evolve, sell, collaborate and most importantly succeed. We create an environment to increase Innovation and productivity with Cost effective Coworking Cubicles in Tricity.
Why to Choose us? • Dedicated Seat • Power Backup • Hi Speed Internet • Professional Environment • Fully Air Condition • Front Desk Help • Hospitality On Desk • 24/7 Surveillance • Parking • Cafeteria
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