NAIROBI, Kenya June 1
The 12,000-square-foot facility features 19 private office studios that can accommodate up to 110 people in a variety of flexible configurations, two meeting rooms, an on-site full-service café, and a deck for events in all weathers.  Effective Chief Executive Officer Samir Patel said the state-of-the-art facility was designed to meet the international demand for corporate co-working spaces that focus on employee productivity and well-being. The global shared office industry is estimated at over $ 100 billion and has seen astronomical growth in major cities on every continent since 2005.
"For most observers, the coworking industry is connected to freelancers, startups, and small businesses. Today, however, the largest growth in the industry is seen in larger companies and their employees. In fact, nearly 20% of S & P 500 companies in the US have employees working in coworking spaces, "said Patel.
A new report from CBRE, the world's largest commercial real estate company and Fortune 500 company, forecasts global accelerated growth of flexible office space in 2019 due to impressive demand in 2018. In the Asia-Pacific region, the CBRE study over 80 % of flexible office leasing was new and expansion demand, while in the US, the share of main leasing activities doubled in the first three quarters of 2018 compared to 2017 as a whole. In Europe, the London industry is rapidly growing at the fastest rate in major cities such as Paris, Madrid and Amsterdam.
The same global movement in the shared office industry has seen rapid growth in Kenya over the past decade, with technology companies taking up most of the space in Nairobi. The influx of multinationals and non-governmental organizations as well as adolescent start-ups has increased the demand for space that meets their expansion needs while providing the same vibrancy as shared offices.
"Businesses are seeking to align their real estate portfolios to more general business goals. The strategy of space-as-a-service is one way of managing both cost and flexibility in paying for space and services such as: For example, to provide meeting rooms on demand.
The use of shared office space is required away from the headaches of binding long-term leases, investments for the establishment and provision for expansion or contraction, as well as maintenance costs.
"Workable provides a solution for the modern organization that wants to offer its employees personalized and comfortable work environments designed to improve productivity. Companies around the world are revising their real estate needs and generally reducing their office space. Many companies use a Core + Flexi approach. We are the flexible part that allows for elasticity depending on the real-time office needs of this company.
He referred to a study cited by three professors from the University of Michigan in the Harvard Business Review and found employees who belong to coworking spaces thrive more than their regular office colleagues. Their reasons included the liveliness of a coworking location where employees of different companies work with different backgrounds and cultures, feel part of a larger community, and the flexibility of the work environment they get from a desk, a shared workplace, or a workplace can work from open public place.
"In practical terms, Nairobi's premier shared office space is home to flexible class A studios and many features premiering in Kenya. The primary target is global companies and non-governmental organizations in Nairobi, as well as large local companies with significant office supplies. Our target user is a well-traveled professional that has been exposed to a variety of experiences, countries and cultures, both professionally and personally. "
Each studio is equipped with first-class electric lecterns, soundproofing, individual temperature control and high-speed Internet in isolated virtual networks (VLAN) to ensure data security. A refrigerator equipped with a fridge is accessible to all users and especially useful for nursing mothers.