NEWSEC PROPERTY OUTLOOK

Kevät2019

(CO-)WORKING 9 TO 5 – IS THAT THE NEW WAY TO MAKE A LIVING?

The sharing economy continues to take the world by storm, and co-working in particular has undergone striking growth over the past few years. The Nordics are no exception, having seen a sharp increase in the amount of available co-working locations in the region. Both local and international co-working operators have chosen to establish and expand locations in a wide range of Nordic and Baltic cities. In the latest issue of the Newsec Property Outlook we analyze the co-working trend and look at how it will affect the property market.

KEY INSIGHTS

  • The total co-working stock in the Nordic and Baltic countries has grown by 36 percent from 2017 to 2018. Following this strong growth, the amount of co-working space will continue to increase by another 24 percent in 2019, up to 680,000 square meters.
  • Co-working as a share of the total office stock will continue to grow, from 1.5 percent in 2017 to about 2.5 percent in 2019.

Newsec Property Outlook describes and predicts the property market and its sub-segments in northern Europe. The report is free to download and has been published twice a year since 2001. Newsec Property Outlook has become a practical tool for investors, property owners and tenants within real estate. Every six months, the report provides an overview of Newsec's perception of macroeconomic tendencies and the property market development.