Co-working space forecast to expand massively by 2030

By 2030, co-working spaces will make up 30 percent of the office market and multinational enterprises will become major users, according to a report released by the US-based real estate services provider Colliers International Group Inc in March.

The emerging number of employees from the post-1980 generation and the increase in multinational corporations using flexible workspace are some of the drivers, the report said.

Jonathan Seliger, CEO of naked Hub, a co-working space operator founded in 2015, said the post-1980 generation tended to seek better designed and aspirational settings.