The trend is clear: worldwide, from just 160 co-working spaces in 2008, the number has grown to 35,000 this year, as per office tracker flexas.com. For landlords, surplus office space can be easily converted and leased to a franchise or chain, that will fetch higher-than-traditional returns. The trend is clear: worldwide, from just 160 co-working spaces in 2008, the number has grown to 35,000 this year, as per office tracker flexas.com. Changing work culture The impact of the pandemic and work from home (WFH) has changed office culture. For landlords, surplus office space can be easily converted and leased to a franchise or chain, that will fetch higher-than-traditional returns.

Source: Indian Express November 05, 2023 19:00 UTC