Warsaw ’s co-workspace market grew by more than 18,000 sqm in 2012 , the biggest increase in Europe , according to a report from BNP Paribas Real Estate . The Paris market grew the second most, with about 1,000 sqm of space added, followed by Warsaw , which increased its footprint by 110,000 sqm. The number of co-working locations globally has grown from about 1,000 in 2012 to more than 18,000 now. “After the explosion in the number of coworking spaces in recent years, which has jumped from about 1,000 worldwide in 2012 to over 18,000 today, the market should stabilise or even start consolidating in certain places. With 25% of them still unprofitable in 2018 , some consolidation is expected, said Richard Malle , the global head of research at BNP Paribas Real Estate .
Warsaw ’s co-workspace market grew by more than 18,000 sqm in 2012 , the biggest increase in Europe , according to a report from BNP Paribas Real Estate . The Paris market grew the second most, with about 1,000 sqm of space added, followed by Warsaw , which increased its footprint by 110,000 sqm. The number of co-working locations globally has grown from about 1,000 in 2012 to more than 18,000 now. With 25% of them still unprofitable in 2018 , some consolidation is expected, said Richard Malle , the global head of research at BNP Paribas Real Estate .