In September 2017, global real estate services firm Cushman & Wakefield signed a strategic partnership agreement with Polish start-up ShareSpace, recognizing the rapid growth of modern co-working office space for start-ups and SMEs, and changing office lease preferences of large corporations. Both partners will work together to further their expansion and promote technological and commercial solutions for flexible office leases.
Thanks to the integration of Remobile.pl and Sharespace.pl, mutual knowledge sharing and development of new solutions, Cushman & Wakefield and ShareSpace will provide tenants with quick access to co-working and serviced office space offered across Poland. New technological tools will facilitate searching for ideal work spaces, transaction making and taking informed decisions about the size, style and location of an office. Tenants will have greater freedom of choice in selecting best-suited options and will gain access to exclusive tenant representation by a team of professionals of both companies. This is the first cooperation of this type on the Polish commercial real estate market.
Benefiting from this cooperation, Cushman & Wakefield has added to its long-term office leasing services office space provided in co working centres across Poland and offered on flexible terms on the ShareSpace platform. This new service has been launched in response to the growing demand of local sole traders, start-ups and international corporate teams that can now use this user-friendly tool to quickly lease a hot-desk, an ordinary desk, and an office or conference room. It aggregates offers of leading co working space providers in Poland, including Business Link, MindSpace, Brain Embassy, O4, and HubHub
“Co working space accounts for less than 1 percent of Warsaw’s total office stock compared with 2-3 percent on mature markets such as London and New York. This market segment, however, is growing at a rapid pace of 70 percent year-on-year in 2017 and is expected to provide 78,000 sqm of co working space by 2020,” said Mikołaj Niemczycki, Negotiator in the Office Agency of Cushman & Wakefield, and the leader of the strategic partnership with ShareSpace.
“Co working space is in the vanguard of the office leasing market and has become an incubator of cutting-edge technological solutions,” said Robert Chmielewski and Marcin Dyszyński, co-creators of www.sharespace.pl.
Coworking is a unique alternative to a typical workspace with a number of advantages, including flexible lease terms, attractive all-inclusive rents, short-term leases, ready-to-use office equipment, and plug and play infrastructure. It also offers many soft benefits such as business contacts, social events and an inspiring work environment. In contrast to the traditional office, co-working space is used by individuals working for different companies and on various sector projects. It combines the best features of a café and working space, creating a relaxed and professional atmosphere and a creative environment that fosters collaboration and nurtures a genuine sense of community.
Thanks to the cooperation both Cushman & Wakefield and ShareSpace will be able to satisfy the growing demand for flexible office space by providing user-friendly technological tools. It is the first cooperation of this type between a leading corporation and a start-up on the Polish office leasing market.