2022: Workspaces Are Flexible Again

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A really really long time ago, which means two years back, the coworking office was buzzing with workers hailing from all levels and every industry. 

The shared economy also ensured that coworking vibes, idea-sharing, people to people osmosis, and new accounts for businesses, all received a boost amid the walls of the coworking office. 

And then, 2020 happened. 

Recovering From The Pandemic

Fast-forward to the present day and coworking continues to witness a rise in demand as flexible spaces have become an increasing necessity. 

Per reports, coworking operators leased over 55,000 seats in 2021, up from 36,000 in 2020, and leasing is expected to double in 2022.

The Shared Economy And FY23

🍏 This coming fiscal, coworking spaces will not just be critical to how companies operate, but coworking operators themselves will transform to fill in the blanks for a growing hybrid workforce.

🍎 Operators are expected to expand and service suburbs and Tier II, III towns so WFH employees have a physical workplace to come into to make connections with others.

🍏 An increasing number of commercial property owners are becoming confident that demand for flexible offices will continue to grow far after the pandemic has ended. 

The Big Shift To Tier II

When the pandemic hit, most of the workforce transitioned to work-from-home positions, many of which were located in the suburbs and our smaller towns.

But months of working at home filled up workers with loneliness and distractions began impacting their ability to remain productive and focused.

Coworking spaces have taken note, and in 2022 operators are expanding services to cover suburbs and smaller towns so workers have a physical workplace to come into to make connections with others, while still benefiting from the perks of working near home.