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Co-Working Spaces: More than Just a Workspace

Are shared and flexible offices the future?

Asia's Leading Online Property Group, PropertyGuru

Bjorn Sprengers

Thematic (Sector/Industry)

Singapore Real estate / Thematic (Sector/Industry)

<p>As the co-working trend gains popularity, a new office space concept is beginning to take a larger share of the market:</p><ul><li>Gone are the days when solopreneurs, freelancers and the like are okay with either staying home or fighting for space at their local caf&eacute;s to do their work. In the same manner, those working for companies no longer want to work in tiny enclosed cubicles. This is how the way we work has changed in recent years.</li><li>With the rise of start-up businesses and the growing popularity of flexible working, the global office market is seeing, now more than ever, a need to accommodate an increasing demand for shorter-termed shared and flexible workspaces.</li><li>In the second part of our feature on shared and flexible offices, we shed light on co-working spaces and the new office space concept that has ensued.</li></ul>

As the co-working trend gains popularity, a new office space concept is beginning to take a larger share of the market:Gone are the days when solopreneurs, freelancers and the like are okay with either staying home or fighting for space at their local caf&eacute;s to do their work. In the same manner, those working for companies no longer want to work in tiny enclosed cubicles. This is how the way we work has changed in recent years.With the rise of start-up businesses and the growing popularity of flexible working, the global office market is seeing, now more than ever, a need to accommodate an increasing demand for shorter-termed shared and flexible workspaces.In the second part of our feature on shared and flexible offices, we shed light on co-working spaces and the new office space concept that has ensued.

Capitaland Integrated Commercial Trust (CICT SP)

Mapletree Pan Asia Commercial Trust (MCT SP)

Mapletree North Asia Commercial Trust (MAGIC SP)

Ying Li International Real Estate Ltd (YINGLI SP)

Lippo Malls Indonesia Retail Trust (LMRT SP)

Soilbuild Business Space REIT (SBREIT SP)

Pacific Century Regional Developments (PAC SP)

Frasers Logistics & Commercial Trust (FLT SP)

Co-Working Spaces: New Generation Offices