Networking on Commercial Real Estate
At the start of 2021, the number of coworking spaces worldwide calculates to cross 20,000 and reach 26,000 by 2022, an astonishing increase of 42% from 2020.
Since 2010, flexible space has been annually growing at an average rate of 23%. No segment of the market has manifested more significant overall growth than the coworking industry.
Also, in Europe, the boom of coworking spaces for startups and enterprises has brought the market to a point where coworking providers are the fastest-growing group of tenants continually looking for new prime locations across their countries.
In recent years, Eastern Europe has experienced the highest level of growth by almost 150% primarily through a tremendous increase in startups. A trend that has also attracted larger companies and organizations.