The recent SharedSpace.co.nz survey got responses from 75% of the local industry operators. The results were compiled into a 2024 Market Report on coworking and flex workspaces in New Zealand.

Overview is that there are 194 spaces in NZ, averaging around 9,580 sqft in size, covering just over 1.8M sqft of total space, offering permanent desks at NZ$645 per month and private offices at NZ$837 per person per month on average.

As for market size and utilization, the local market has seen an average 22% y-o-y growth rate in number of spaces since 2013, with 56% of operators planning on expansion within the next 2 years. 82% of operators are locally owned, with 18% being international brands. Of the 102 operators, 68 operate one space, where 37 are multi-location.

I could go on and on, but it's a fantastic and rich data set! Thanks Matt Knight for sharing an exclusive ungated report link for TWIC subscribers.