Office buildings in Tokyo typically offer a traditional lease, which is a contract that gives a tenant exclusive possession of an office space for a specified period in exchange for the payment of rent.
Meanwhile, a coworking space offers a coworking agreement, which is a contract that, among other services and amenities, offers a coworking member a licence to use and share the coworking providerβs office space.
The member will pay a service fee instead of traditional rent. In the context of JustCo Japan, this often comes in the form of flexible workspace memberships.
We’ve prepared a helpful blog article to guide you on the differences between a rental lease vs a coworking agreement.