Investment in City of London offices is up by 7.6 percent for the same period last year reaching £9.47 billion as of the end of October 2018, according to Savills. Stephen Down, executive director and head of Savills Central London investment team, says “Demand for central London offices has remained buoyant throughout 2018. While we may [...]
The supply and demand for coworking spaces across Southeast Asia has been increasing rapidly as of late. However, the key driver contributing to this growth may surprise you. It is not entrepreneurs and startups as commonly believed, but corporate users, among whom coworking is fast gaining popularity. Bangkok has emerged as a popular city for coworking, [...]
As the way we work continues to change, the work life of parents changes with it. There is a dramatically shifting landscape amongst working parents, as they continue to work more flexible hours in order to accommodate the ever-changing requirements of childcare. The significant cost of childcare is a huge consideration for many parents as they [...]
With coworking emerging as the fastest growing sub-sector of the real estate market, it should come as no surprise that it is now the new normal when it comes to office leasing. The popularity of the sector has meant new reports are now released on such a frequent basis that it’s hard to keep up! But [...]
Search Acumen, the property data and technology provider, analysed HM Land Registry data for Greater London’s 28 boroughs and the results have shown that the annual value of London’s commercial sales of property has soared by 166% since 2014, up from £11.3 billion in 2014 to £30.1 billion in 2017. 2018 is set to be another [...]
Coworking memberships have enjoyed steady growth since inception. The Global Coworking Unconference Conference (GCUC) has indicated that memberships are growing at an average annual growth rate of 24.2%. In addition, the number of self-employed people is set to take over the public sector for the first time and predictions are that by 2020, over half of [...]
A recent report by Cushman & Wakefield shines the spotlight on the Asia Pacific coworking market with research revealing a 40% growth in memberships, which is well above the global average. “Coworking in Asia, China specifically, is making coworking in the US look like it’s standing still,” Liz Elam, Executive Producer of GCUC, said after the [...]
One of the latest real estate asset classes, already growing in popularity in Hong Kong and across Asia too, is bucking the trend attracting investors back to London. Co-living is primed to take off in the capital city. Such developments consisting of smaller private rooms and larger communal amenities are being viewed as the inevitable evolution [...]
The City of London property market is seeing a boost of investment from Asia, with the amount spent on office blocks by South Koreans about to reach a record high. They are expected to have invested £3 billion by the end of this year, according to Savills, the property consultancy, making them the largest foreign buyers. [...]
Flexible office space in Seoul has seen rapid expansion, with coworking leading the change according to CBRE Korea's latest report. The past three years have seen the rapid growth of flexible office space in Seoul. In 2016 the volume of occupied space surged by more than 350% y-o-y, primarily due to the entry of several major [...]
