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Co-working space seen as boon for office landlords and tenants

It allows landlords to hedge against wave of new office completions and businesses to scale up or down without incurring hefty upfront rental costs

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Co-working spaces have large open areas that encourage communication and cross-pollination of ideas and promote a sense of community as members are encouraged to host as well as join events for networking purpose.

BT_20160318_LKCOSPACE18_2172662.jpg
Co-working spaces have large open areas that encourage communication and cross-pollination of ideas and promote a sense of community as members are encouraged to host as well as join events for networking purpose.

Singapore

CO-WORKING spaces, a concept which made its way here six years ago, can be a hedge for office landlords against a wave of new office completions. Rather than engage in an intense price war on rental incentives and subsidies, developers can take a dip in this "blue ocean" to gain

sentifi.com

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