These statistics could provide new franchising opportunities in the workspace industry.
Traditionally, franchises have been considered the preserve of the consumer lifestyle industries - retailers, restaurants and hotel chains are common options for property decision-makers looking to invest, because of the brand recognition that a lot of businesses in these sectors hold.
IWG, a global operator of workspace providers, said flexible workspaces are now becoming woven into the fabric of our societies, offering flexibility to businesses and their staff whenever and, crucially, wherever they need it. A new trend is emerging that is seeing an increasing number of co-working spaces housed within vibrant retail shopping centres offering opportunities for those who want to work in bustling hubs with many amenities on tap.
“With 50% of all employees in South Africa working remotely most of the time by 2020, it won’t be long before we see business hubs becoming destinations for both serviced offices and retailers.