'Embracing co-working spaces will turn disruption into opportunity'

Rajalakshmi S Updated - January 11, 2018 at 12:56 PM.

cowork

“The concept of co-working is not new; however, the tremendous growth it has seen around the globe and now in India - in recent years is tremendously exciting,” said Ramesh Nair - CEO & Country Head, JLL India.

Releasing the report ‘Future of Work – The Co-Working Revolution’, the very first co-authored study by JLL India and WeWork at the 9th CII Realty Conclave 2017, Nair said “the concept of co-working will impact and have an influence on the corporate real estate sector as it embraces the uncertainty and turns disruption into opportunity.”

Juggy Marwaha, Lead – WeWork-India, said, “The future of this industry will redefine the term ‘co-working’. The trend will move towards creating beautiful, well-designed and functional spaces that encourage collaboration and create a sense of community which will further be enhanced by a sophisticated online platform, and community events.”

He also said: “2016-17 witnessed a spike in the growth of the industry, and as it evolves further, it will be the era of flexible office spaces. There will be a paradigm shift in the way companies will operate in future, and some of the best innovations and projects will be an outcome of such true collaboration.”

Published on July 7, 2017 07:03