Changing times in the shared/serviced office sector.
The Tokyo Olympics may be over but competition is heating up in the Serviced/Shared Office market with this week’s announcement of a strategic exclusive partnership between WeWork and Cushman Wakefield in the United States.
An interesting partnership in response to the fundamental change in the the way people work and how many businesses are reconsidering their approach to workspace.
As part of the announcement, the parties intend to work together to explore all opportunities in the new hybrid world of work where flexibility is key.
It will be very interesting to see this market evolve in the medium term and no doubt we can expect further announcements from other players during 2021. Time will tell if the proposed $150 million investment by the global estate agent in the above partnership will be the catalyst for further announcements in the marketplace.
Propertylocator.ie will also be making further announcements later in the year regarding an additional Shared Office space category for users searching for offices around Ireland in this growing sector.
Further information can be obtained from firstname.lastname@example.org for those wishing to market their Shared/Co working office space.
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