London’s co-workspace market grew by 180,000 sqm in 2018, the biggest increase in Europe, according to a report from BNP Paribas Real Estate. The report, which looked at data for all of Europe and North America, found that there was an average growth rate of 5.75% per year between 2016 and 2018. The number of co-working locations globally has grown from about 1,000 in 2012 to more than 18,000 now. , Warsaw was the third largest market coworking in Europe in terms of take up in 2018, according to a report from BNP Paribas Real Estate. 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.
London’s co-workspace market grew by 180,000 sqm in 2018, the biggest increase in Europe, according to a report from BNP Paribas Real Estate. The report, which looked at data for all of Europe and North America, found that there was an average growth rate of 5.75% per year between 2016 and 2018. 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.