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Office Leasing Simplified: Comparing Coworking with Traditional Office Options

Launch Work Places

Office leasing has evolved over the decades, and businesses today have options that were virtually unheard of ten years ago. The current professional landscape is largely rooted in flexibility and adaptability, and office leasing trends are following suit.

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US law firms make up two thirds of global law firm office leasing activity

Workplace Insight

Together, US cities accounted for 69 percent of overall H1 law firm office leasing activity in the world’s largest legal markets, reflecting the dominance of American firms in the sector overall, as well as the tendency for US legal offices to have a lower occupancy density and thereby requiring more space, according to Savills.

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Flexible workspace market will be worth up to $50bn by end of decade

Workplace Insight

Flexible workspaces provide the convenience of diverse office setups and services, accommodating varying professional needs. The appeal lies in the accessibility of premium locations, enabling professionals to work in central hubs without the constraints of traditional office leases.

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People spending more time in offices in search of social interaction

Workplace Insight

Office workers now spend more time in the office, with the average creeping up to three and a half days per week compared to three days in 2022 , according to a new report from international law firm, Gowling WLG.

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Landlords Have A Surprisingly Strong Impact On Return To Office Success

All Work

On the other end of the spectrum — and my crosshairs are hovering over Canary Wharf here — there are the big corporations that are stuck with infinitely long, very pricey office leases that need to be validated. But why do employers need to get their employees back into the office? There is panic.

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London’s office market is reshaping the city and the way people experience the workplace

Workplace Insight

The long road to economic recovery after multiple lockdowns shaped 2022, in which ‘long’ became the de facto word for the industry seeing little change in capital values for commercial real estate, including office space, in 2023 after a fall of nearly 20 percent in the latter half of 2022 (CBRE).

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How Much Does It Cost to Rent an Office Space?

Launch Work Places

As a rule of thumb, the bigger the city, the stronger the real estate market and, in turn, the higher the cost to rent an office space there. Market Demand Let’s look at basic economics and their impact on the cost to rent an office space.