Media Centre

Why More Businesses are Choosing to Lease Through Co-working

Full article as featured on Sourceable can be read here.

01 Feb 2020

This article examines the rising popularity of co-working in Australia and why landlords seek disciplined companies that understand the co-working business model to deliver outstanding results for commercial devlopments. Co-working currently makes up about three to four per cent of total commercial real estate in Australia, but this number is growing rapidly. The scale of global co-working operators like JustCo Australia is a critical differentiating factor when comparing what’s currently available in the Australian market. Whilst the typical serviced office centre in Sydney averages around 900 sqm, JustCo’s first Sydney centre at 175 Pitt Street is more than 3,700 sqm allowing the flexible workspace juggernaut to offer a wideer range of options to members, from smaller hotdesks to an entire floor designed for enterprise clients.