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Coworking centres hard hit by the corona crisis

Before the corona crisis, coworking centres represented the fastest growing segment of the European office market over the past five years. Today this segment is really feeling the pinch. Maarten Van Gool, founder of the Fosbury & Sons coworking centres, explains: “It is a real estate sector with very variable income (clients rent for a period of a month up to a maximum of three years) and a lot of fixed costs (the lease often has a duration of 12 to 15 years, designing and set up a centre quickly costs several million and there are a lot of permanent staff)”. According to Maarten Van Gool, if the crisis were to last, it will be a matter of survival.

Read the interview of Maarten Van Gool, founder of Fosbury & Sons, in De Tijd report [ De nood aan flexibele werkruimte groeit ]
Tim Harrup
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