Factors Affecting the Coworking Industry

With the coworking space market on an upward trend, it’s no surprise that providers are stepping up their game to retain customer loyalty. As they vie for a larger piece of the pie, tenants can not only look forward to more affordable rates but also greater access and variety of services/amenities; all ideal components in establishing our ‘new normal’ when it comes flexible workplace options post pandemic.

Coworking Space Rates

With competition intensifying and people re-thinking how they work, providers are likely to be more cost conscious with their services as a means for attracting new customers. As such, we can expect an influx of budget friendly options that cater to different tiers; from luxury packages down to average or ‘budget’ prices – opening up this once out-of-range offering for companies looking for far cheaper alternatives compared to traditional office space rental rates.

Virtual Work Environments

Working from home has become a necessity in the era of COVID-19, but many people lack access to an environment conducive for telecommuting. Fortunately, coworking spaces have risen up as key players to help solve this problem by offering virtual memberships tailored specifically towards remote workers.

As pandemic safety measures relax we expect that those who prefer office space will return to traditional coworkers and use their new acquired skills with online amenities associated within them such as video conferencing or specialized applications geared towards work efficiency demands while also getting all other perks offered inside these unique offices!.

Health and Safety

Coworking spaces are taking additional steps to ensure the health and safety of its members. Enhanced cleaning regimens, increased sanitisation stations and strict social distancing guidelines provide a safer environment for workers who can’t or don’t want to work from home. To further boost sanitation efforts, some providers have even implemented innovative technologies like HVAC units with air purification filters as well as UV light sterilization systems – ensuring long-lasting peace of mind in this post pandemic era.

Specializations for Niche Markets

Working from home has become more popular than ever, prompting many people to search for workspace solutions beyond the traditional office. Enter coworking spaces – places tailored specifically towards remote workers looking for collaborations and support in an open-minded professional environment.

Recently, these shared offices have started exploring their niche markets by creating specialist services that cater to specific industries such as music production or tech start ups; giving customers access to a unique package of specialized amenities at each location.

Expanded Clientele

As the trend of coworking spaces grows, businesses are increasingly turning to them as an attractive and cost-effective way to get their employees access to top quality amenities without having the overhead or responsibility that comes with renting out a commercial office. This has created new opportunities for brokers offering services in finding ideal shared workspaces – enabling companies not only save on costs but also benefit from full service facilities at these locations.

Coworking Partnerships

The pandemic has opened up a new field for hotels and restaurants around the world who, facing decreased customer numbers, are serving as pioneers in transforming their establishments into coworking spaces. Accor Hotels in France set off this trend by blending hospitality with flexible workplace options to truly provide an innovative workspace experience – from lobby workstations to offices within hotel rooms. Restaurants too have not been left out; taking advantage of lower capacity restrictions or dinner-only operations many eateries now offer customers more than just great food but also a unique place to get down business while enjoying some culinary delights at the same time.

There’s a growing demand for flexible workspaces.

According to WFH Research’s survey of 5,000 Americans, employees want to work from home three days per week on average, primarily to reduce commute time and limit human interactions for health and safety reasons. Furthermore, more than a quarter of those polled stated that they would only accept a future job if it were close to their home.

• Freelancers continue to dominate as the most common type of worker to use coworking spaces, accounting for almost 41% 
• 59% of workers say human interaction is one of their top considerations when choosing a coworking space.
• 59% of workers seek 24/7 access from a coworking space.
• 65% of people who use coworking spaces globally are under 40.

Major Coworking Space Players

Regus Corporation and WeWork are the two major players in leasing office space, with Regus taking 11% of the market share. The European company operates across 900 cities spread over 128 nations, while WeWork has a presence in 77 urban areas around 23 countries globally. Not just coworking spaces, they also offer virtual offices, meeting facilities, day offices and business centres to cater to professionals who may require a workspace but do not have an accessible place near them. (Statista 2021). After Regus, there’s WeWork, Premier Workspaces, Knotel, Kr Space Coworking, and District. 

Singapore Coworking Space Market

Since 2015, the number of coworking spaces in Singapore has tripled, and flexible office space accounts for 4.2% of all office space in the country.

Large corporations in Singapore and the APAC region have reported saving millions of dollars by going remote and eliminating the need to pay for office space. Employees who work remotely have also saved money on transportation and other miscellaneous expenses.

• The majority of coworking spaces in Singapore are provided by seven (7) coworking space providers, with WeWork leading the pack (22%) and IWG (Regus) a close second (16.6%).
• The majority of coworking spaces in Singapore are located in major city centres. This includes Raffles Place and New Downtown, which account for 52% of the city’s coworking spaces, followed by Shenton Way or Tanjong Pagar, which account for 12%. The remaining coworking spaces are located at City Hall and Orchard Road. 
• The average desk price in Singapore is $SGD550 and is expected to rise by $SGD575 in 2023. 

Australian Coworking Space Market 

Despite rising real estate prices across the country, coworking spaces are an affordable option for businesses. Especially after the potential loss of business during the pandemic’s peak, providing employees with coworking space access is a natural progression into the new world of work.

• Banking and finance organizations are the most common type of business that uses shared office space and coworking spaces, accounting for 27% of all companies that use coworking space. This is followed by IT (18.13%), Professional Services (22.20%), and Real Estate (10.05%). 
• Almost three-quarters of businesses (72%) that use coworking spaces choose the private office option. Only 13% prefer coworking desks. 
• The average desk price in Australia is $AU550 and is expected to rise by $AU600 in 2023. 

US Coworking Space Market 

• Regus (IWC) and WeWork are the top coworking space providers in the United States. However, in 2021, the top coworking companies in the United States will also include Impact Hub, Your Alley, Knotel, District Cowork, Industrious Office, Serendipity Labs, Green Desk, and Spaces. 
• Some of America’s largest corporations are also using coworking spaces. Some of the largest companies that use coworking spaces are Apple, Facebook, Alibaba, Microsoft and Samsung. 
• According to Statista, the average monthly desk price at coworking spaces in the United States was $855.

The Future of Coworking

As the coworking space trend surges, these are the trends that we can expect in the coworking space industry:

• Specialization – A whole range of industry-specific offices and niche workspaces will be popping up soon as businesses strive for differentiation within this booming market.
• Health Protocols – Working in a coworking space is likely to remain different for the foreseeable future, with COVID-19 health and safety precautions becoming part of everyday life. From sanitation stations to improved air filters – businesses are taking every precaution they can think of to make sure everyone feels secure while working together.
• Technology – Coworking spaces are poised to make a big leap forward into the future thanks to technological advances. Automated access cards, apps for managing space and services, booking systems, attendance registers and time trackers will all help reduce on-site required resources whilst offering better amenities than ever before.
• Multi-City Locations – In the present climate of modern working, more and more people require flexibility when it comes to choosing their office space – coworking companies have answered this call by providing members with access to quality workplaces near them.
• Improved Design – Architects and interior designers will continue to play an essential role in creating productive, comfortable workspaces. Workers have come to expect ergonomic furniture and stylish interiors.
• New Amenities – As coworking space providers face a rising competitive climate, we can expect to see incredible new benefits arising in the industry. Companies will soon provide awesome extras like babysitting services for busy parents or professionals; direct access to chartered accountants and loans from banks; plus business accounts tailored just for them.
• Sustainability – It’s becoming increasingly important to stay ahead of the competition by offering sustainability features. In fact, observers predict that sustainable practices will become a standard in the near future if businesses don’t want to get left behind. 
• Affordability – With so many new players joining the coworking space market, memberships may become more accessible and catering to a wider variety of budgets. We are likely to see an emergence in tiers ranging from budget-friendly options, middle range selections and luxury levels – each targeting various segments of the population.
• Corporate Shift – The future of coworking space will be dominated by corporate clientele. Though it started out as a haven for freelancers and entrepreneurs, businesses are now taking advantage of collaborative remote working opportunities afforded by these spaces – some even setting up their headquarters in them. With such advantages over traditional office setups becoming more apparent everyday, it seems that companies from all industries will be jumping on board this trend soon enough.

2023 Coworking Space Report

osDORO surveyed coworking spaces in 2022. clients, as well as aggregated property data on commercial real estate. The outcomes were gathered and summarized, supplying data and projections for 2023 and beyond. An additional review of literature, market research, and business research was conducted to provide more data analysis on the state of the coworking space market.

A survey of over 300 global coworking customers allowed for varied responses. According to the result, people prefer coworking spaces only second to working from home. The customers were then divided into groups according to their respective geographical areas. As the world continues its post-pandemic re-opening efforts, this trend will likely shift toward coworking spaces.

Read the full coworking space market report below.

Coworking Space Market Report 2022-2023 – Coworking Space Trends, Analysis, and Stats

The post Coworking Space Trends and Stats appeared first on osDORO | Coworking Spaces & Offices for Rent US.

The post 2022-2023 Coworking Space Market Report – USA, Australia, and Singapore appeared first on osDORO | Coworking Spaces & Offices for Rent US.

Sydney is a thriving business hub, home to both major corporations and start-ups. Whether you work in technology, creative, finance, or another industry, Sydney has a neighborhood that will suit your needs. The easy part is deciding to set up shop here; the difficult part is finding an affordable space to thrive without steep start-up costs

This is where serviced offices come into play. They offer unique benefits and a strong sense of community, allowing you to find your productivity sweet spot and network to make new, valuable connections. Check out these 10 Sydney serviced office spaces designed to help you build your business and take it to the next level in this dynamic and vibrant city.

1. WeWork

WeWork is a large provider of serviced offices and serviced office spaces based in the United States, but with a presence in major cities across Australia. WeWork is located on George Street in Sydney.

Dedicated offices, hot desks, and dedicated desks are among the workspace options. WeWork is well-known for its incredible atmosphere and freelancer-centric approach to workspace design. 

2. Emerge Sydney Surry Hills

Emerge Sydney operates two locations, one in the CBD and the other in Surry Hills. Today we highlight the brank in Surry Hills. They provide both private offices and dedicated desks. Meeting rooms, a stocked kitchenette, a full-time receptionist, shower facilities, meeting rooms, 24 access, and mail delivery are among the amenities. Members can also visit both locations.

3. Paramount by The Office Space

If you’re looking for a high-end serviced office space, this is the place to be. Everything about the Office Space’s Mount exudes class. The private single person suite, a double suite, a three-person suite, and a five-person suite are among the spaces available (for larger businesses). There are also island workbenches for hot desking, meeting rooms, and event spaces.

4. Work Club Sydney Barangaroo

Ambience is very important in creating a great working environment. Indeed, for many of us freelancers, it is the primary reason for leaving the house and looking for a serviced office space. WorkClub Sydney has nailed that part, and as a result, they are included on our list of the best serviced office spaces in Sydney.

This membership club, located in the Maritime Trade Towers, provides several spaces ideal for freelancers and small businesses.

5.  Le Porte Space

For its unrivaled class and customer service, this serviced office and events space provider has won the hearts of Sydney residents. You have access to thirty exceptional serviced offices, three event spaces, and photographic studios at Le Porte Space.

6. The Treehouse Sun Studios

The Treehouse by Sun Studios is an ideal serviced office space for creatives and freelancers. The facility offers flexible payment options such as day passes or longer-term commitment plans such as per month. They provide meeting rooms, dedicated desks, and editing desks.  

7. Gravity Coworking Sydney CBD

Gravity Coworking, one of the best co-working spaces in Sydney CBD, has received a lot of love from the city’s residents. The location has a lot going for it, with amenities like free internet, dedicated rooms for client meetings, and well-equipped boardrooms. They also have two separate showers if you prefer to use one. There are lockers for storing your belongings, and if you ride a bike, you can also use the bike racks.

8. Hub Sydney

Hub is a serviced office space in Sydney that has attracted a lot of attention from the city’s entrepreneurs. This cheap serviced office space in Sydney has a lot to offer, luring people in with amenities like bike racks, printing facilities, and access to shower space. The attention to detail can be seen in every aspect of this space, including a meditation area for their members. They believe that a membership here will be 30% less expensive than other places over the course of a year.

To book a tour of any office space in Sydney, feel free to chat with us now! Let us know your requirements, so we can show you the best options.

Arthur Truong

Enterprise software development experience. More recently in positions including CTO, Lead Developer and Head of Product in Australia. Deep expertise in property and legal technology in Australia with a specialty in lead generation and tech scalability across Asia-Pacific.

The post 8 Affordable Serviced Offices in Sydney appeared first on osDORO | Coworking Spaces & Offices for Rent US.

Here are the best serviced offices or flex offices in Brisbane you can choose from. 

1. WeWork

WeWork, the international co-working giant, is a dominant force in the space, with three flexible offices in Brisbane’s CBD from King Street to Edward, and a fourth opening next month.

WeWork impresses with coffee bars, laid-back lounges, craft beer, pool tables, and more in some of the most innovative and inspired offices in the Brisbane co-working space.

2. WOTSO

WOTSO’s Brisbane flex office spaces offer an engaging yet practical environment to focus on your work, with a combination of seating and desks as well as high-speed internet.

With 16 coworking spaces across Australia and more overseas, becoming a WOTSO member entitles you to benefits such as 24/7 access to hot desking at other locations.

3. The Cove

The Cove is another beautifully designed Brisbane co-working space, with underground parking, a business concierge, and on-site technicians.

4. Lightspace

After another productive day at Lightspace co-working, relax with sweeping city views from a private tiki bar on the deck.

It was originally a warehouse, but it has been transformed into an incredible collaborative space with eight-metre-high ceilings and abundant natural light.

5. Prospect Studios

Prospect Studios is difficult to overlook with an internal garden atrium, numerous break-out spaces, and a competitive foosball tablet, especially when considering their incredibly competitive pricing. It’s also one of the few dog-friendly co-working spaces in Brisbane.

6. HUB Australia

Hub Anzac Square is a premium co-working space in Brisbane city for businesses that want to enjoy first-class hospitality and amenities while they work.

A café, rooftop event spaces, an exercise studio, serviced meeting rooms, showers, and a media studio are all part of the space.

7. Newstead Studios

Brisbane has its fair share of refurbished warehouse co-working spaces, but few have been redesigned as completely as Newstead Studios. With an abundance of natural light, it’s a popular spot for photographers, but there’s still plenty of space for work and business lunches.

8. River City Labs

River City Labs provides everything you could want and more from a Brisbane co-working space, allowing you to unleash your creativity.

You can rent a desk for the day for $33 with Wi-Fi, printing, and shared facilities, or you can take advantage of their low prices with a monthly or longer term pass.

9. Regus

Regus is one of the world’s largest providers of flexible co-working spaces, with a rapidly expanding global network of coworking spaces.

Regus has every coworking option available, from a hot desk by the hour to all the professional trimmings a business requires from a traditional office space.

10. Entrepreneur Haus

Entrepreneur Haus, one of the few South Brisbane co-working spaces, does an excellent job of fostering creativity and innovation through its architecture, green spaces, and natural lighting. Entrepreneur Haus is the place to be for co-working on Brisbane’s south side.

11. Thought Fort

Thought Fort, one of Brisbane’s first co-working spaces, provides a calm, friendly, and collaborative environment for entrepreneurs and creatives.

Thought Fort is a great option for individuals looking to take the next step in their career, with air conditioning, high-speed Wi-Fi, and 24/7 access for their weekly and monthly coworkers.

12. Assembly Creative

Assembly Creative Coworking is a Brisbane co-working space run by local creatives with the goal of cultivating a collaborative and productive culture.

It’s the ideal place for any individual to set up shop, with unlimited access to their Wi-Fi, printing, and espresso machine, as well as their bookable meeting room.

13. The Bower

If you live in or near Greenslopes and are looking for a Brisbane co-working space, The Bower is a must-visit.

The Bower has everything you need to start growing your business, including private offices, community areas, and secure parking.

14. Salt Space

Since 2011, this family-owned and operated business in New Farm has provided freelancers and established businesses with Brisbane coworking spaces.

Salt Space, which is open 24 hours a day, provides a welcoming environment for anyone looking for a co-working space in Brisbane.

15. Gravity

Gravity Coworking Brisbane is an Australian shared office space with a creative and stylish design that aims to turn business into a lifestyle. This shared office space in Brisbane assists high-end startups and professionals by providing an environment in which they can connect with the greater world and like-minded individuals.

For enquiries about serviced office space availability or for booking a private office tour in Brisbane, please don’t hesitate to reach out to us. Talk to us now thru chat so we can show you all the best deals in Brisbane!

Arthur Truong

Enterprise software development experience. More recently in positions including CTO, Lead Developer and Head of Product in Australia. Deep expertise in property and legal technology in Australia with a specialty in lead generation and tech scalability across Asia-Pacific.

The post 15 Serviced Offices in Brisbane to Check Out in 2023 appeared first on osDORO | Coworking Spaces & Offices for Rent US.

Serviced office spaces in Sydney are in high demand due to the city’s growing number of entrepreneurs and small business owners. Small startups from Sydney have been instrumental in shaping Australia’s future, and some fantastic shared office spaces in Sydney have been equally beneficial in making them sustainable.

Here’s a list of some well-known shared or serviced offices in Sydney that attract a lot of people.

1. Hub Australia

Hub Australia offers fully-furnished serviced office spaces in Sydney for teams of one to one hundred, ready for you to move in. Hub Australia’s Sydney serviced office spaces are designed for all businesses, from startups to corporate teams, branch offices, and project teams, and are available on flexible terms, allowing your company to grow without being tethered to inflexible long-term leases.

2. Space & Co

In Australia, Space & Co has five locations, one of which is in Sydney. This space offers host management, fast internet, private phone booths, kitchen facilities, and a stocked bar for your well-deserved breaks, all within walking distance of a variety of restaurants and cafes.

3. Gravity Coworking

Gravity Coworking was created as a reinterpretation of traditional serviced office spaces, and it offers the ideal mix of workspaces for working and collaborating, as well as areas to unwind and relax. This space includes shower facilities, free coffee, tea, and fruit, and networking events. Membership also entitles you to free use of all meeting spaces.

4. Servcorp

Servcorp’s serviced offices in Sydney offer your company a smart and scalable solution for establishing a presence in the country’s leading business center. Servcorp’s serviced offices in Sydney are the ideal way to reduce your company’s overheads without sacrificing luxury facilities, specialized teams, or some of the most spectacular harbour views the country has to offer.

5. Spaces

Spaces is a global serviced office company with more than 250 locations worldwide. Two of them are in Sydney, and both have designer desks, high-speed internet, sofas, meeting rooms, and other amenities.

6. Paramount by The Office Space

The serviced office space, dubbed “Paramount,” is inspired by 1950s New York and features private and collaborative offices, board rooms with AV equipment for up to 8 people, a cafe, and, soon, a rooftop health club. There is also an in-house concierge team available to assist you at any time.

7. The Commune

If you prefer working in a more unconventional setting, The Commune is the serviced office space for you. This arts-focused space includes office space, a photography studio, an art gallery, and an event room.

8. Tank Stream Labs

Tank Stream Labs has four Sydney locations, and you can take a virtual tour of each to get a sense of what the facilities have to offer. There are multiple meeting rooms with AV equipment, event spaces, and an in-house bar in addition to well-equipped offices with fast wi-fi.

9. The Porter

The Porter is a luxury executive space with a wide range of rooms designed to meet a variety of work needs. There are meeting rooms fit for a king, an event room, a workshop atelier, a studio, two lounges, and even a library.

10. WeWork

WeWork is another global serviced office company with ten Sydney locations. These offices have local teams available to assist you with any questions you may have, as well as phone booths for client calls, super-fast wi-fi, and meeting rooms.

11. Work Club

Work Club has three boutique office spaces in Sydney, all of which are designed to meet the needs of professionals who want to break away from the traditional ways of working. Private suites for up to 200 team members are available, as are dedicated desks for solopreneurs.

12. Desk Space 

Desk Space, which is based on design thinking, is the ideal space for entrepreneurs who focus on business and technology. One advantage of this space is that it designates certain members as mentors, which can be extremely beneficial to newcomers.  

13. The Common Room

Since 2012, The Common Room has housed a variety of businesses and start-ups from various disciplines and countries. In fact, The Common Room was the first in Australia to house the BuzzFeed Team, as well as over 50 other businesses from Australia and around the world.

14. WOTSO

WOTSO has open work areas as well as private office spaces for up to 50 people. Meeting rooms with a capacity of up to 200 people are available, as are virtual address services.

15. Fishburner’s

This Sydney institution has been marketed to start-ups looking to make a fortune in the technology industry. Fishburner’s is a non-profit organization that offers its members access to a diverse network of multi-city group partners and facilities.

For enquiries about the availability of serviced offices, feel free to talk to us thru chat!

Arthur Truong

Enterprise software development experience. More recently in positions including CTO, Lead Developer and Head of Product in Australia. Deep expertise in property and legal technology in Australia with a specialty in lead generation and tech scalability across Asia-Pacific.

The post 15 Serviced Offices in Sydney to Check Out This 2023 appeared first on osDORO | Coworking Spaces & Offices for Rent US.

Running an office, especially for a small business, can quickly become an expensive and stressful endeavor, from installing internet and phone lines to hiring administration and cleaning services. It’s no surprise, then, that flex office spaces have become extremely popular among entrepreneurs. Most serviced offices not only provide state-of-the-art facilities, but also a collaborative work environment.

So, whether you’re looking for a place to grow your business or a place to get away from the solitude of your home office, we’ve compiled a list of best office spaces in  Melbourne. 

1. Hub Australia – Southern Cross, CBD

Hub Southern Cross is one of Victoria’s largest co-working spaces, occupying 3,900 sqm and two floors of the historic Mail Exchange building on the corner of Spencer and Bourke streets. It was designed by award-winning international design firm HASSELL.

2. workspace365 – 350 Collins Street

One of this Australian operator’s original Melbourne locations, with recently refurbished lobby spaces and a dedicated floor of training and meeting facilities, as well as a variety of corporate services.

3. Victory Offices – Box Hill

In a spacious and modern environment, a well-located suburban office location. A premium co-working hub with breakout areas, a phone booth, and an amphitheatre, as well as separate enterprise office suites with flexible lease terms. There is plenty of parking on site, and tram and train lines provide easy access to the CBD.

4. Kings Business Park, South Melbourne

Kings Business Park is a hybrid flexible office solution set amongst a beautiful parkland garden. This precinct offers over 32,000m2 of commercial space in five low density buildings, as well as an abundance of undercover secure car parking and premium fitness center and end of trip facilities.

5. JustCo Global – 15 Williams Street

JustCo’s largest Australian location, spanning 8,000sqm of beautifully designed offices, lounge, in-house café, and meeting space, with an internal staircase connecting all floors. High ceilings and floor-to-ceiling windows provide spectacular views of the MCG, Yarra River, and Melbourne.

6. Spaces -T&G

The beautifully designed and curated Spaces T&G, located in a Victorian landmark building, is part of an A-grade commercial precinct at the Paris End of Collins Street, featuring an impressive 10 floor brick atrium lobby designed to feel like a relaxed outdoor space.

7. Executive Centre – Collins Square, CBD

Collins Square is one of Australia’s largest commercial mixed-use developments, spanning an entire city block on Collins Street and seamlessly integrating office and retail space. Tower 5 Collins Square, designed by renowned architects Woods Bagot, has a stunning glass wall façade that creates a light-filled and spacious entry, as well as a 5 Green Star rating.

8. CreativeCubes.Co – South Melbourne

A versatile co-working space centered on a large atrium with sweeping views of the city skyline and a variety of workspace options.

9. WeWork – 401 Collins Street

This location, which was once the mid-century headquarters for the US Army, was WeWork’s first in Melbourne, and it spans 11 full floors of a beautifully refurbished historic building.

10. Gravity – William Street 

Gravity hires people from a variety of backgrounds, including technology, finance, marketing, real estate, and business consulting. The office, which has a refined, minimalistic interior, has open-plan coworking areas, meeting and function rooms, and breakout spaces.

11. Compass Offices – 360 Collins Street

This new Compass Office group flagship location is located on the bright and spacious 26th floor of the high zone and offers ample daylight and great open city views. The modern design offers a variety of options, ranging from private and secure serviced offices to customized workspaces. There is enterprise-grade IT infrastructure and connectivity, meeting rooms, boardrooms, and a large  complimentary business lounge.

12. The Commons – Collingwood/Market Street

The Commons coworking space, which has two locations, one in Collingwood and one in South Melbourne, aims to create the ideal work-life balance for maximum productivity. The structures are centered on a zen-like green garden where members can socialize and relax.

13. Revolver Coworking –  Chapel St

There are 15 offices, lounges, gallery and event spaces, and private meeting rooms on more than 1000 square metres. The intimate working space is ideal for small businesses with one to ten employees.

14. Blix Spaces – Normanby Road

Blix Spaces is centrally located in Port Melbourne. You can use one of over 55 workstations, which include standing desks to encourage a healthier workplace, for as little as $45 per day. There are also a number of meeting rooms and private booths available for those who require some privacy.

15. The Circle – Collingwood

The Circle is a Melbourne co-working space for those who want a fully equipped workspace without the commitment of a permanent office. The Circle is open 24 hours a day and has private phone booths and meeting rooms.

For any enquiries or bookings, please send us a message thru chat! Search from hundreds of offices in Australia and get the best deal on osDORO!

Arthur Truong

Enterprise software development experience. More recently in positions including CTO, Lead Developer and Head of Product in Australia. Deep expertise in property and legal technology in Australia with a specialty in lead generation and tech scalability across Asia-Pacific.

The post 15 Best Serviced Offices in Melbourne to Check Out in 2023 appeared first on osDORO | Coworking Spaces & Offices for Rent US.

Brisbane’s thriving creative and tech communities benefit from some of the country’s most innovative co-working spaces. There’s a Brisbane coworking space for everyone, whether you’re an individual looking for a hot desk to get some serious work done or a small business looking for a break from rising rent and long-term leases.

Brisbane has a high demand for office space. Its CBD, in particular, is an appealing prospect for businesses seeking to establish a presence in Australia’s third largest city. As the state capital, Brisbane is home to some of the country’s largest administrative and financial firms.

If you’re looking for the best coworking space Brisbane has to offer, take a look at our list of the best coworking spaces in Brisbane below.

1. Regus Brisbane

 Regus is one of the world’s largest providers of flexible workspaces, with a rapidly expanding global network, and adds a little globalisation to the Brisbane co-working space melting pot. They have nine co-working locations throughout the city, and their offerings range from an hourly hot desk to a permanent spot to set up shop. 

2. Servcorp Brisbane

The Servcorp coworking space provides a collaborative environment for newly established businesses.

Startups, entrepreneurs, freelancers, and corporations are the most popular clients here. Servcorp has a fashionable look and the workspaces are well-equipped with office supplies. 

3. WeWork Brisbane

WeWork is a large American real estate company that specializes in shared workspaces for startups and businesses. The company maintains a strong presence in Brisbane. Private offices, dedicated desks, and hot desks are among the options.

Monthly membership fees start at AUD 1710 for a private office, AUD550 for a dedicated desk, and AUD450 for a hot desk membership.

4. River City Labs

River City Labs has operated on a simple philosophy since its inception in 2012: to provide a cutting-edge space for entrepreneurs to collaborate and connect. The emphasis here is on technology start-ups, with the ultimate goal of providing the ultimate incubator where ideas become reality. RCL has the space for you, whether you’re a one-man-show, a collaborative dream team looking to throw some ideas around a boardroom, or an innovator pitching ideas to a lecture hall.

5. Little Tokyo Two

Little Tokyo Two is one of Brisbane’s fastest growing co-working spaces, with five locations across Brisbane and the Gold Coast. The membership-based community offers everything from day passes to dedicated desks to long-term office space and has a proven track record of success.

6. Lightspace

If the office-in-a-warehouse trend is confusing you, a tour of Lightspace in Brisbane’s Fortitude Valley may persuade you of its benefits. Unlike some of the more casual co-working spaces in Brisbane, the options at Lightspace are more suited to long-term endeavors; you can sign up for a desk or a studio on a month-to-month basis.

(RELATED: Brisbane Price Guide – Coworking Space & Flex Office for Rent)

7. The Coterie

The Coterie is a co-working space provided by QUT’s Creative Enterprise initiative, where creative professionals can collaborate and solo workers can plug into a more private corner to get some serious work done. The Coterie, located on the university campus and a short distance from Roma St station, offers flexible membership options to suit a variety of needs.

8. HUB Australia

Hub Anzac Square is a premium co-working space for Brisbane corporates who appreciate the finer things in life. The café and rooftop event spaces, exercise studio, serviced meeting rooms, showers, towel service, and lockers are all part of the first-class hospitality and amenities.

9.  Salt Space

Salt Space has welcomed new and established businesses, freelancers, remote workers, and creatives from all disciplines into their co-working space in the heart of New Farm since its inception in 2011. They provide desks by the day, week, or month, with members having access to them 24 hours a day, seven days a week, with no lease required.

10. Thought Fort

Though Fort, one of Brisbane’s first co-working spaces, has fostered the growth of a vibrant and diverse community of thinkers, artists, and entrepreneurs. Thought Fort is available to weekly and monthly coworkers 24 hours a day, seven days a week.

11. Fishburners

This Brisbane co-working space is one of three iterations of Fishburners (there are also locations in Sydney and Shanghai), a space dedicated to the development of future tech startups. At Fishburners, competition for desk space is fierce; the community is limited to scalable, high-impact tech startups.

12. WOTSO

WOTSO’s Brisbane coworking spaces offer an engaging yet practical environment to focus on your work, with a combination of seating and desks as well as high-speed internet.

With 16 coworking spaces across Australia and more overseas, becoming a WOTSO member entitles you to benefits such as 24/7 access to hot desking at other locations.

For enquiries about our available coworking spaces or if you want to book a private office tour, please talk to us thru chat!

Arthur Truong

Enterprise software development experience. More recently in positions including CTO, Lead Developer and Head of Product in Australia. Deep expertise in property and legal technology in Australia with a specialty in lead generation and tech scalability across Asia-Pacific.

The post 12 Coworking Spaces in Brisbane appeared first on osDORO | Coworking Spaces & Offices for Rent US.

Though prices fell in the early stages of the pandemic, they have remained stable for the majority of 2021.

Though there is plenty on offer for smaller teams of up to 15 people, supply for larger teams of more than 25 people is limited outside of the Brisbane CBD. If you’re looking for a great deal close to the CBD for a small team of 1-4, Fortitude Valley, South Brisbane, and Milton provide the best value, with median prices under $500 per person.

Traditional businesses, like other markets in Australia, will have lower prices than coworking operators, though the space may lack some of the amenities you’ve come to expect from a typical coworking environment.

Our Flexible Offices Price Guide – Brisbane should help you pick the best flexible office for your needs. 

Brisbane Flex Offices (Coworking) Pricing Table

Here are the office space base rates for 1-4 Desks. 5-10 desks, and 11 or more desks. For any price enquiries, feel free to talk to us thru chat!

Fully Managed vs Traditional Office Space

As a business, you have a plethora of options, ranging from fully-managed office operators like Regus and Servcorp to the new kids on the block like WeWork, Regus (owned by IWG), JustCo, and Australian-owned Altitude, Hub Australia, and Workspace365, to name a few. These fully managed operators provide everything you need at a single monthly price, from desks and chairs to printing and amenities like showers and bike racks, with the option to add more desks or downsize the space as needed.

Renting space from traditional businesses with spare offices is typically less expensive than renting space from dedicated coworking operators, owing to lower overheads and the fact that rental income is not their core business model.

Coworking vs Private Office

Though many coworking operators offer rates for a single desk in an open-plan space, these typically represent less than 20% of the available spaces. These private offices usually share communal facilities like meeting rooms, bathrooms, and kitchen areas, but they are self-contained and fully serviced.

When it comes to office size, smaller private spaces with fewer than ten desks account for 82 percent of total available space. This is in response to a demand for smaller private spaces by businesses looking for safe places for their employees to work away from HQ or home, and with Work Safe Australia’s new physical distancing guidelines coming into play, we expect operators to convert open plan spaces into more private small offices.

How to Calculate the Cost of Office Space in Brisbane

Rent is calculated for traditional office leasing based on the price per square meter and multiplied by the size of the space to yield a net annual rent. In addition to the rent, there are outgoings and land tax that must be paid by the tenant.  

To calculate the number of desks your business requires for flexible office space, the calculation is often simpler and dependent on the size of your team. If, for example, each desk in a private office costs $800 per person, the monthly cost for a six-person office is simply $4,800 ($800 x 6 = $4,800). Flexible office rental typically includes credits for meeting rooms and printing facilities, but for heavy users of either, these services can be included. Of course, in addition to your office space and desks, you’ll have access to common areas such as kitchens, meeting rooms, restrooms, and other amenities such as showers and secure bike racks.

It’s important to note that traditional office rent does not include the fit-out, desks, or any other amenities you might want to provide your employees. Furthermore, you may be paying for extra space that you do not require.

A flexible office space, on the other hand, allows you to only pay for what you need while also providing numerous amenities that would not be economical or feasible in a small traditional office setting.

For any enquiries, feel free to talk to us thru chat!

Arthur Truong

Enterprise software development experience. More recently in positions including CTO, Lead Developer and Head of Product in Australia. Deep expertise in property and legal technology in Australia with a specialty in lead generation and tech scalability across Asia-Pacific.

The post 2022 Brisbane Flexible Offices Price Guide appeared first on osDORO | Coworking Spaces & Offices for Rent US.

1. The Cluster

The Cluster is a modern Melbourne coworking space with a prime location and all the necessary services for a hassle-free coworking experience. They have an amazing front office team and hospitality staff, a great coworker community, and a productive environment.

2. The Circle

The Circle Collingwood, Melbourne’s most creative coworking space, is an excellent pit stop for entrepreneurs and startups looking to grow and achieve more. These guys are on a mission to provide their members with a close-knit community as well as a space that is replete with best-in-class services and amenities. Floating desks, dedicated desks, and private offices are all available.  

3. Hub Australia – Melbourne

Hub Australia has workspaces in the top five metropolises, including Melbourne. They have a total of six locations in Melbourne, with the office on Flinders Street being one of the best in the city. The location is ideal for freelancers, creatives, entrepreneurs, startups, small teams, and large corporations.

4. JustCo

Three centrally located JustCo coworking spaces and private offices close to public transportation and surrounded by world-class bars, restaurants, grocers, and lifestyle amenities are located right in the heart of Melbourne.

JustCo provides more than just a beautiful workspace for businesses looking for flexibility or the ability to scale up or down. With friendly community teams on-site to assist you with your daily business operations, such as reception services, mail handling, and IT support, you can devote your time to achieving your business goals.

5. ServCorp Melbourne

Servcorp’s Coworking in Melbourne provides a new style of workspace in which people from various companies share an open common space, creating a dynamic place to work at a lower cost than a traditional office space. It has various Coworking options available, such as Hot Desking, Dedicated Desks, and Offices, to meet the needs of your business, all while being located at a prestigious Melbourne business address to give your company a distinct advantage.

6. Inspire9

Inspire9 has one of the best coworking environments in Melbourne. Members will benefit from a central location, a clean and safe office environment, a diverse and supportive business community, an attractive interior, comfortable seating options, a variety of services, and much more.

Members will have access to a fully stocked kitchen with a fridge, microwave, and coffee machine, as well as a quiet space, event space, indoor gaming room, yoga room, and rooftop terrace. 

7. CoWork Me

CoWork Me is a beautiful and stylish coworking space located in Melbourne’s picturesque Kilda Street neighborhood. They provide a variety of membership options at reasonable prices.

This spacious office is spread across 3,000 square meters and can accommodate freelancers, entrepreneurs, teams, as well as small and large businesses. They have areas for private and shared coworking, corporate events, study areas, and board meetings, among other things.

8. The Thrive Network

Thrive’s flexible office space is designed to help you save money while growing your business. Private offices, dedicated desk space, flexible desks, hot desks, and casual day passes are all available. Their virtual office packages give your company a professional address without the expense of a dedicated office.

9. Circle Collingwood

The Circle Collingwood is a community for dreamers and doers; we firmly believe that being in the right circle of people is critical to the success of any business. With so much to offer, watch your company thrive in this fun and modern environment. This centre is conveniently located in Collingwood’s downtown core.

10. Space & Co.

Space & Co., one of Australia’s largest coworking spaces, has four locations in Melbourne alone! Space & Co. operates on an open-plan basis rather than with fixed workstations. They promise to tailor it to your specific business requirements.

Another significant advantage of this coworking space is its location—Space & Co. workspaces are only in the most convenient locations.

Search coworking spaces in Melbourne on osDORO! Chat with our team who can help you find a coworking space based on your needs.

Arthur Truong

Enterprise software development experience. More recently in positions including CTO, Lead Developer and Head of Product in Australia. Deep expertise in property and legal technology in Australia with a specialty in lead generation and tech scalability across Asia-Pacific.

The post 10 Affordable Coworking Spaces in Melbourne appeared first on osDORO | Coworking Spaces & Offices for Rent US.

The Sydney CBD, as the primary business center for many Australian head offices, has some of the highest rents before discounts. The median price per person is higher in larger offices because these larger spaces are often fully enclosed, on a dedicated floor, and include their own amenities and meeting rooms.

If you don’t have the budget for the Sydney CBD, there are plenty of other flexible spaces outside the CBD or on the city outskirts where you can quickly set up shop, such as North Sydney, St Leonards, or North Strathfield, that offer great value.

For smaller businesses that require closer proximity to the downtown core, Pyrmont, Chippendale, Paddington, and Bondi Junction all offer flexible office space at a lower cost.

From the Northern Beaches to Sydney’s Inner and Outer West, and from South Sydney to the Eastern Suburbs, Sydney has office space for rent in over 70 bustling suburbs starting at $200 per person per month.

Most flexible office prices are calculated on a per workstation (or per person) per month basis in the flexible office market. Some flexible agreements can be negotiated on a per square foot, per month basis.

Flex Offices (Coworking Space) Price Table for Sydney

Here are the current average pricing per desk for coworking spaces or flex offices in Sydney. For any pricing enquiries, feel free to talk to us thru chat!

How Much Do Top Flexible Offices Cost in Sydney?

Regus Australia offers a wide range of office formats in different parts of Australia, including New South Wales. Prices for collaborative workstations start at A$448 per person per month.

Compass Offices is a flex space operator with offices in central CBDs in eight cities across Asia Pacific and Australia. Compass Offices’ workspace options range from serviced offices and virtual spaces to coworking hubs and more. In Australia, prices for a desk per person per month begin at A$700.

In business locations around the world, the Executive Centre provides world-class infrastructure and premium serviced spaces. Individual workstations start at A$500 per month. Aside from desk space, the price includes internet, electricity, building expenses, and other great perks.

JustCo has Asia’s largest coworking network, spanning seven countries. With offices in Melbourne and Sydney, the massive flex space provider has recently entered the Australian market. Monthly coworking space rentals start at A$741.

Christie Spaces is an Australia-based provider of flexible offices and coworking spaces with locations in Melbourne, Melbourne, Sydney CBD, and North Sydney. The monthly cost per person starts at A$281 and varies depending on location.

In Sydney, WeWork has nine locations. The hot desk option costs an average of A$550 per month, while the dedicated desk option costs an average of A$797 per month. WeWork appears to have a higher average price than other coworking spaces in this case. The price difference is also due to amenities such as 24/7 access, a permanent mail address, showers and lockers, and so on.

Fishburners is a non-profit coworking space that attracts some of Sydney’s best startups. The coworking space hopes to build a large community that will provide its members with access to mentors, investors, media contacts, potential customers, and other resources. You can join for $300 per month if you work part-time, or $400 per month if you work full-time.

Are Flexible Offices Cheaper Than Traditional Offices? 

Although working from a coworking space is more expensive than working from home or plugging in at a cafe, it works out to be less expensive than establishing a traditional office.

Coworking spaces aren’t perfect, but there aren’t usually any hidden costs because all utilities are included in your rental package. Tenants are not required to pay any upfront fees, nor are they expected to sign long-term leases. Often, you can select the best payment plan for you.

Wrapping Up

Sydney has one of the world’s best startup ecosystems and is home to Australia’s largest tech startup hub. The demand for space in the city’s key districts shows no signs of abating, and as competition heats up, businesses of all sizes will benefit from the agility and affordability of Sydney’s flexible office space.There are several coworking spaces in Sydney that offer competitive rates and may be a good fit for your preferred work style.

Arthur Truong

Enterprise software development experience. More recently in positions including CTO, Lead Developer and Head of Product in Australia. Deep expertise in property and legal technology in Australia with a specialty in lead generation and tech scalability across Asia-Pacific.

The post Price Guide for Flexible Offices in Sydney appeared first on osDORO | Coworking Spaces & Offices for Rent US.