Co-working occupancies coming back to life after brutal year

Original article by Martin Kelly
The Australian Financial Review – Page: 31 & 32 : 17-Feb-21

Hub Australia CEO Brad Krauskopf says the average occupancy rate across his company’s eight co-working sites is currently around 70 per cent. This remains well below the pre-coronavirus average of more than 90 per cent, but Krauskopf notes that there has been a 250 per cent increase in enquiries since the start of 2021. The Commons’ MD Cliff Ho says occupancy at its Sydney Central site is almost back to the pre-pandemic level, although occupancy at its four sites in Melbourne is currently at around 70-75 per cent.

CORPORATES
HUB AUSTRALIA PTY LTD, THE COMMONS

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