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The future of coworking: unlocking revenue potential for landlords

11 December 2023By essensys
The future of coworking: unlocking revenue potential for landlords

In the rapidly evolving landscape of office spaces, the spotlight is currently on the hot topic of coworking givebacks. However, amidst the challenges faced by the broader office sector, there’s a hidden gem: the surge in demand for flexible office spaces.

In our recent webinar with the Instant Group, we explore the options and potential benefits for landlords navigating an operator giveback; shedding light on the economic opportunities of having a flexible office model in their portfolio.

Here’s what you’ll find out by watching the webinar:

  • Kurt Patrick, Director of Business Development at essensys, sets the scene by introducing the topic of coworking givebacks in the office market today and facilitates the panel discussion.
  • Stasha Anderson, Director of Landlord Solutions, Americas at Instant Group, offers insights into the top flex markets in North America and highlights the key reasons behind the demand for flex.
  • David Kinnaird, Senior Director, Customer Operations at essensys, discusses how givebacks and transitions are not uncommon in the industry and explains that the success of coworking spaces doesn’t solely depend on amenities or location; it is the financial and operational model that are crucial.
  • The panel share advice and next steps on how landlords can manage their space/portfolio more efficiently and maximise revenue potential.

For more insight on managing coworking givebacks, watch the full webinar here.

To learn more on how to prepare and navigate an operator giveback, download our eBook here.

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