Report: Two-Thirds of CRE Companies Use Some Type Of Coworking

Two-thirds of commercial real estate companies are using some type of coworking product, and many of them plan to expand their usage, Cushman & Wakefield said in a new report.

The report, which is based on Cushman & Wakefield and CoreNet Global interviews with 550 commercial real estate executives, says coworking is beyond an emerging office asset class and more or less a strategic play that CRE firms must invest in. 

Not only do two-thirds of the firms interviewed use coworking, the respondents expect their coworking commitments to grow over the next five years....

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RSK: Actually co-working isn`t anything new. Real Estate offices have used it for years before the term was coined.

Ken Notes: I think every co-working office managers sgould have to see Glengarry Glen Ross just to see what can happen!!!