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THE CHANGING ROLE OF COWORKING IN THE WORKPLACE ECOSYSTEM

The inventory of coworking and flexible office space across the Americas grew dramatically over the second half of the past decade, although recently it has been affected by COVID-19.

The pandemic is impacting business of all types, and the nature of coworking is changing in response to the current economic challenges. However, the demand for flexibility across occupier portfolios is likely to grow in the post-pandemic world. Coworking providers and landlords are shifting their offerings to meet the long-term needs of freelancers, SMEs and large enterprise clients. This report explores:

  • The current challenges of resuming operations during the pandemic
  • The changing landscape of coworking users (who and where)
  • The opportunities for landlords and providers during this shift
  • Coworking inventory and trends across 28 impacted markets in the Americas
DOWNLOAD THE FULL REPORT HERE

Florida Office Rents Q2 2020

Second quarter rents reflect minimal impacts from COVID-19. Class A direct rents increased to near record highs in several markets based on confidence in demand pre-COVID. However, the speed at which rents are increasing has slowed on a YOY basis, increasing only 0.4% and average statewide rents are now 16% higher than previous cycle highs.

On an inflation adjusted basis, statewide rents were off by 3.4% from the previous market highs.
For most office markets in Florida, the high point for rent this cycle occurred prior to 2020.

 

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RECOVERY READINESS: A HOW-TO GUIDE FOR REOPENING YOUR WORKPLACE

Recovery Readiness: A How-to Guide for Reopening your Workplace

As areas stabilize from the COVID-19 pandemic and stay-at-home restrictions are lifted, organizations will begin to bring workers back into the physical workplace. It’s already begun in some parts of the world. In fact, as of April 2020, we have helped move our own employees, and those of our clients, back into more than 800 million square feet of properties globally.

The “Recovery Readiness: A How-to Guide for Reopening your Workplace,” outlines some of the best thinking and practices that our more than 53,000 professionals have compiled across the globe and also includes insights from key partners. The recommended practices and protocols already have been implemented at locations across the globe with tremendous success.

We are proud to release this comprehensive guide and look forward to connecting with you to learn more about how we can help.

 

Download Guide

Download Safe Six Checklist

WEBINAR: A HOW-TO GUIDE FOR REOPENING YOUR WORKPLACE
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