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The Pandemic's Effect on the Future of Co-Working

In the wake of the pandemic, we would have thought that co-working's future was in jeopardy as working from home rises in prominence and open-spaced work areas inhibit social distancing. In fact, the world's largest co-working company, Regus, has been filing for bankruptcy for many of its locations. Yet Cushman & Wakefield announced earlier this month a new joint venture with co-working company Industrious citing companies' need for flexible workspaces as they return to the office. What do you think about the concept of co-working in this era of social distancing?

Regus has been filing for bankruptcy at many of its locations.
Cushman & Industrious have entered into a new JV.
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The Pandemic's Effect on the Future of Co-Working

In the wake of the pandemic, we would have thought that co-working's future was in jeopardy as working from home rises in prominence and open-spaced work areas inhibit social distancing. In fact, the world's largest co-working company, Regus, has been filing for bankruptcy for many of its locations. Yet Cushman & Wakefield announced earlier this month a new joint venture with co-working company Industrious citing companies' need for flexible workspaces as they return to the office. What do you think about the concept of co-working in this era of social distancing?

Regus has been filing for bankruptcy at many of its locations.
Cushman & Industrious have entered into a new JV.
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© 2019 Real Estate Consultants of Colorado, LLC

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