Co-working spaces in the Baltic countries will increase this year, and small companies and middle-aged and older professionals will be more likely to be established in them, according to the international real estate consultancy the company "Newsec". Representatives of co-working spaces operating in Lithuania say that the diversity of employees working here is also expanding, and the market is rapidly catching up with large Scandinavian cities as well.
The area of co-working spaces in the Scandinavian and Baltic countries will increase by 2019 percent in 24. up to 690 thousand sq. m, and two co-working spaces will be opened in Vilnius during this period, it is announced in "Newsec's" spring review of the Scandinavian and Baltic real estate market.
The study also showed that the supply of co-working spaces in Vilnius surpassed other capitals of the Baltic states and was equal to the big Scandinavian cities. Vilnius currently offers about 20 different co-working spaces. Helsinki, Malmö, Gothenburg also offer so many of them. And the market of co-working spaces Beautiful keeps pace with the neighboring capitals - Riga and Tallinn, offers about 10-15 different workspaces of this type.
Older people also work
Newsec notices that co-working spaces are increasingly dominated by small companies with 2-10 employees. It now accounts for about 65 percent in the Scandinavian and Baltic countries. tenants of all co-working spaces. Other tenants include freelancers at 19 percent and larger companies at around 16 percent.
"Another emerging trend is that the young professionals who dominated co-working spaces until now are gradually being supplemented by middle-aged or older people: 55 percent. the age of members of co-working spaces reaches 30-50 years, and one in eight is over 50 years old", say Newsec experts.
In addition, the structure of the tenants is also changing - companies from other fields are being established in the co-working spaces that programmers used to love, and more women are working in them.
Creates units in the city center
Vilnius in the old town 9 sq.m. is opening in June in the shopping center "GO2130". m area co-working space "UMA GO9" for Lithuania Lina Maskoliūnė notices that the spectrum of companies choosing workplaces in co-working spaces has been diversifying for some time.
"Many people imagine that co-working spaces are created only by information technology specialists, but according to our client portfolio, we see a completely different picture: we receive the interest of specialists from a very wide range of fields, especially finance, marketing, food industry and other companies," she says.
According to L. Maskoliūnė, companies choose co-working spaces for different reasons, but the most important thing is all kinds of flexibility that this type of space can offer. Usually, according to the client's needs, the most suitable work space is modeled and a full package of additional services is provided: cleaning services, coffee, internet connection, etc. Companies also appreciate a convenient location, modern workplaces, the latest equipment and technologies, and recently the need for companies to have small units for meetings or representative purposes has become evident.
"In Lithuania, the practice of Scandinavian countries is becoming more and more popular, when companies establish their departments in co-working spaces in order to be close to customers or partners located in the city center. Only one or a few employees who have a real need to be in the city center can work in such departments. Meanwhile, the rest of the team, whose work location is not of great importance, settles in offices outside the city center", says L. Maskoliūnė.
"UMA GO9" will offer 230 functional workplaces in Vilnius city center, of which approximately 60% will be – in private offices. The co-working space will also be equipped with meeting rooms, common areas with a coffee area and outdoor terraces for relaxation. A single membership will allow access to different UMA Workspaces in all countries where this network operates.
Finnish real estate investment and management company "Technopolis" plans to open two more co-working spaces this year - "UMA GO9" in Vilnius and "Maakri" in Tallinn. These will be the largest network spaces in the Baltic countries. In total, by the end of the 2020s, the aim is to have at least 20 network co-working spaces in the Scandinavian and Baltic states.
