In the first quarter of 2019, more than half of office real estate lenders who were asked about the vulnerability of the coworking model to an economic downturn felt that the coworking model is less vulnerable than traditional office real estate (61 percent). In contrast, more than half of traditional office landlords (54 percent) believe that it makes no difference. An economic downturn, also known as a recession, can be defined as a slowdown in economic activity over a sustained period of time.
Is the coworking model more or less vulnerable to a downturn than traditional real estate models?
Survey respondents consist of 100 senior executives (coworking operators, equity investors who fund coworking operators and/or coworking funds, traditional landlords, lenders and brokers). 75 respondents were based in the United States, with the rest based in the United Kingdom and Europe.
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Ropes & Gray. (June 11, 2019). Is the coworking model more or less vulnerable to a downturn than traditional real estate models? [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1190855/downturn-vulnerability-coworking-compared-to-traditional-real-estate-models/
Ropes & Gray. "Is the coworking model more or less vulnerable to a downturn than traditional real estate models?." Chart. June 11, 2019. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1190855/downturn-vulnerability-coworking-compared-to-traditional-real-estate-models/
Ropes & Gray. (2019). Is the coworking model more or less vulnerable to a downturn than traditional real estate models?. Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1190855/downturn-vulnerability-coworking-compared-to-traditional-real-estate-models/
Ropes & Gray. "Is The Coworking Model More or Less Vulnerable to a Downturn than Traditional Real Estate Models?." Statista, Statista Inc., 11 Jun 2019, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1190855/downturn-vulnerability-coworking-compared-to-traditional-real-estate-models/
Ropes & Gray, Is the coworking model more or less vulnerable to a downturn than traditional real estate models? Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1190855/downturn-vulnerability-coworking-compared-to-traditional-real-estate-models/ (last visited November 13, 2024)
Is the coworking model more or less vulnerable to a downturn than traditional real estate models? [Graph], Ropes & Gray, June 11, 2019. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1190855/downturn-vulnerability-coworking-compared-to-traditional-real-estate-models/