Savills

Publication

Coworking Trend in The New Normal

Covid-19 pandemic has brought the trend of flexible working to a new level. Supported by technology advancement, this way of working practice is seen as a most viable option in the so-called ‘new normal'

Year 2020 looks to be a tough year! In just a blink of an eye, we have seen that many things in our world have changed due to the outbreak of a new pneumonia virus called as covid-19. The world was suddenly put on a standstill and communal activity have been limited, if not restricted – this includes the practice to work in the office.

As the result, companies all over the globe began to implement remote working or ‘work-from-home’ plan for their employees in order to minimize or cut off the spread of the viral disease. However, the trend of working from home was started for quite some time now and recently been gaining momentum as new technology and contemporary culture among new businesses – particularly startup and tech companies – increasingly accommodate this trend. Furthermore, the pandemic is likely to encourage changes in the way people work, thus affect demand in the office market, while flexible working concept will be the new normal.