I'm super excited to launch the NZ Coworking and Flexible Workspace Report for 2024 presented by Sharedspace.co.nz
View The Full Report Here: https://lnkd.in/gPjabXfW
A big thanks to all the operators who contributed to this insightful report! With over 75% of the industry responding to our survey, this inaugural report includes comprehensive data and analysis, showcasing the remarkable growth and evolving landscape of the coworking industry.
Key findings from the report include:
1. Remarkable Growth: Over the past decade, the New Zealand coworking industry has experienced an impressive 22% year-on-year growth trajectory, demonstrating its resilience and adaptability in meeting the changing needs of modern professionals and businesses.
2. Expansive Footprint: Currently, there are 169,000 square meters of coworking space available across New Zealand, offering individuals and businesses access to flexible and collaborative work environments tailored to their requirements.
3. Optimal Business Size: The average size of businesses within coworking spaces is reported to be five people, highlighting the popularity of coworking environments among small to medium-sized teams seeking cost-effective and professional workspace solutions.
4. How Members Use Their Spaces: Tuesday emerges as the busiest day in coworking spaces across New Zealand, reflecting a pattern of heightened engagement and productivity among occupants during the midweek period. Residents are utilising coworking spaces an average of three days per week, indicating that many organisations are offering their staff more flexible hybrid working arrangements.
5. Affordable Desk Rates: With an average price of $645 for a permanent desk, coworking spaces provide accessible and budget-friendly alternatives to traditional office setups, catering to a diverse range of professionals and businesses.
6. Expansion Plans: Encouragingly, 56% of coworking space providers are planning on expanding their businesses, indicating a positive outlook for continued growth and innovation within the industry.
7. High Occupancy Rate: Private offices within coworking spaces boast an impressive 88% occupancy rate across New Zealand, underscoring the popularity and demand for private workspace solutions within shared, community-driven environments.
Massive thanks to Samantha, Pip and Bel for helping to get this amazing report finished.
If you have any questions, please don't hesitate to get in touch.
#sharedspacenz #coworkingnz #coworkingreport
Marketing Communications Specialist
2ySuper sleek 🔥