Corporate real estate executives are set to rapidly increase their use of co - working spaces over the next five years , according to a study conducted by Jones & Wakefield and CoreNet Global at the latter 's recent summit in London . In 2017, the firm had revenue of $6.9 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. The study took responses from 220 companies , who reported that , on average , their use of co - working environments would rise from 11 % of their workforce to 23 % by 2023 . An overwhelming majority of those surveyed cited the flexibility to scale their real estate portfolio up or down depending on demand as the main reason behind the move .
Corporate real estate executives are set to rapidly increase their use of co - working spaces over the next five years , according to a study conducted by Jones & Wakefield and CoreNet Global at the latter 's recent summit in London . The study took responses from 220 companies , who reported that , on average , their use of co - working environments would rise from 11 % of their workforce to 23 % by 2023 . An overwhelming majority of those surveyed cited the flexibility to scale their real estate portfolio up or down depending on demand as the main reason behind the move .