Co-working office space is staging a comeback as demand rises

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Co-working office space is staging a comeback as demand rises
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Co-working and hybrid workspace operators are seeing signs of recovery as operators grow their footprint and occupiers target higher flexible space usage.

Co-working and hybrid workspace operators are seeing signs of recovery as local and offshore operators grow their footprint and occupiers target higher flexible space usage.

Major landlords including Dexus, Lendlease and GPT, among others all offer flexible space to tenants and are looking to expand the offerings as the demand increases over the next year. Hub Australia has been one of the more active in the area and is opening its flagship site at 44 Martin Place, Sydney with a high-end luxury offering.Hub chief executive Brad Krauskopf said the group was working with Hassell Studio to create “an iconic Sydney workspace inside a beautiful heritage listed building, which is the enviable and ideal place to work for a range of high-end financial, technology, legal and blue-chip organisations in Sydney”.

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