The flexible workspace industry is currently undergoing a unique and interesting phase of development. From the onset of traditional business centers in the 70s and emergence of Regus as the dominating player, to the evolution towards Coworking and its Regus equivalent WeWork. Current day shared office market temperatures have heated up with rapid brand expansions, inflated valuations, global mergers, franchise brands, and the overnight entrance of massive CRE companies and investor organizations dipping their hands in the pot.
With new ways of working and calls for flexibility from modern professionals, the demand hasn’t slowed, and as such, workspace supply is increasing. What this means for longtime and new entry operators alike is new challenges in running their business. Niche, theme-focused, and co-branded workspaces are popping up globally and the domino effect means operators around the world are feeling it.
Essensys is calling all operators and shared workspace market players to participate in the only survey of its kind to capture information that will project an accurate picture of what’s in store for the future of our industry. Your contribution will help the wider market to understand how the current undertones and larger-scale entries to the industry are impacting operators today and will facilitate forecasting and business modeling over the next 12 months.
The results of the survey will be shared in a series of analytical articles and visualized data. Complete the survey today and enter for a chance to win an Apple Watch. We’re counting on your voice to better understand what lays ahead in the serviced office market.