By Samuel Horti2018-03-28T23:00:00
An increase in the number of co-working operators has affected pricing and sparked fears that some firms will fail.
In October, Rainmaking Loft shut its London branch, citing competition from international giant WeWork, and others have expressed concern that overexpansion will put downward pressure on the rates that they are able to charge occupiers.
So, is increased competition really suppressing desk rates, or is demand for space strong enough to prop up prices?
You must be logged in to continue
Try Property Week For Free to finish this article.
Sign up now for the following benefits:
To access this article TRY FOR FREE NOW
Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.
Registered users and subscribers SIGN IN here to continue
Site powered by Webvision Cloud