- Activity-based working has been a buzzword of the office sector, gaining significant traction in recent times. The benefits of implementing activity-based working does not revolve only around costs. Facilitating intangibles such as driving greater employee engagement, greater work ownership and fostering creativity and collaboration among workers will eventually lead to positive tangible outcomes in the form of higher business performance.

- Co-working is the private sector’s response to meet the occupier’s preference for activity-based working. At first glance, co-working space operators represent a threat to conventional office landlords as they both essentially provide the same type of real estate service. A closer examination however would reveal otherwise.

- The impact of co-working as a potential demand driver cannot be ignored by landlords. Based on CBRE’s estimates, 2017 will see the co-working market grow by an additional 80% to 718,000 sq. That said, there are some concerns regarding the sustainability of growth of co-working space in the longer term and some consolidation is expected as the co-working market matures. Nevertheless, its emergence has led to an inexorable fundamental change in the attitudes and mind-sets towards the traditional office format.