A study of all co-workspace office opening from June 2018 to April 2019 found London to be the world’s fastest city for co-working venues. The study, by research firm Cushman & Wakefield, also revealed that London’s creative industries are among its most competitive and diverse. Results from the CoworkingResources report also revealed that 65.3% of new facilities are opened by new business, indicating that while existing providers dominate the market, grow is coming largely from firms and business owners entering the sector for the first time.
A study of all co-workspace office opening from June 2018 to April 2019 found London to be the world’s fastest city for co-working venues. New York came second in terms of actual office openings while Luxembourg boasts the highest density of co-workspaces per capita, followed by Singapore and Ireland. Results from the CoworkingResources report also revealed that 65.3% of new facilities are opened by new business, indicating that while existing providers dominate the market, grow is coming largely from firms and business owners entering the sector for the first time.