THE COWORKING MARKET IN -
PA R I S A N D T H E P O R T R A I T
O F
A
G R E AT E R
PA R I S A R E A
G R O W I N G
- SUMMER 2017
P L A Y E R
-
NOV 8-9-10 | DUBLIN
”The coworking market driven by independent & branded spaces: the situation in Paris and extrapolation for Europe ”
CEVAN TOROSSIAN – HEAD OF RESEARCH
3 MAIN FINDINGS
1.Openings
2.Size
3.Locations
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THE
MAIN -
FINDINGS OF THE STUDY Cumulative openings of coworking spaces and a projection for the end of 2017 in the Paris area - in m²
m² 180 000
By the end of 2017, 155,200m2 of coworking spaces will be in use
Coworking spaces in use Projection for the end of 2017
155,200m²
160 000 140 000 120 000 83,600 m²
100 000 80 000 60 000 40 000 20 000 0 2008
2009
2010
2011
2012
2013
2014
2015
2016
End of 2017
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THE
MAIN -
FINDINGS OF THE STUDY
70m
120m
-
THE
MAIN -
FINDINGS OF THE STUDY
x10
-
THE
MAIN -
FINDINGS OF THE STUDY
The average size of newly opened coworking spaces has been multiplied by 3 since 2015
1,440 m²
x3 450 m²
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THE
MAIN -
FINDINGS OF THE STUDY The geographical development of coworking spaces in the Paris area
22% Openings in traditional business districts between 2008 and 2015
77% Openings in traditional business districts since 2016
-
THE
MAIN -
FINDINGS OF THE STUDY Traditional business sectors
La Défense Distribution by size in m2 2 000 et +
Paris CBD
500 à 1999 200 à 499 100 à 199 0 à 99
Density and location of coworking spaces
INDEPENDENTS &
M U LT I - S I T E S INDEPENDENT COWORKING SPACES
BRANDED COWORKING SPACES
50%
50%
NUMBER OF SPACES
364 m2 in the G r e a t e r Paris area on
average
26% 74%
AREA IN M²
1,061m2 in the Greater Paris area on average
INDEPENDENTS &
M U LT I - S I T E S
INDEPENDENT COWORKING SPACES
€401/month
BRANDED COWORKING SPACES
€493/month
€ €€
AVERAGE COST / DEDICATED DESK
INDEPENDENTS &
M U LT I - S I T E S
THE COWORKING MARKET A CONCEPT WHICH CAN BE ADAPTED INFINITELY Coworking is no Cantal cheese We know the concern. However, to us, coworking has not to be treated like Cantal cheese. As many food products or culinary traditions within the European Union, the Cantal cheese “Appellation” (AOC) is protected by the law. To be allowed to name a cheese “Cantal”, producers have to comply to a strict list of rules, which determines, for instance, the type of cow milk used, the area of production, the number of days of maturation, things such as the hydrometry level, etc.
“Coworking” should be considered To us, “Coworking” should be considered as a generic word. Such as the as a generic word “cheese” word is. Coworking is no Cantal.
Within the generic category, any one can make his/her own choice of what is good, right, bad or wrong… …A few years ago, a por.on of the historical coworking scene kept seing the provision of private offices as a blaspheme to the “pure” historical coworking model of the origins. Fortunately, those days are mainly over.
“Coworking evolves. And the fact that new players are coming in is a Coworking evolves. And the fact that new players are coming in is a sign of success of the model we cherish, not a distor>on. sign of success of the model we To us, the biggest impact of coworking is cultural. Coworking brings a cultural revolu.on in the workplace world in general. This is an on going transforma.on which is part of a bigger shiB to a cherish, not a distortion” more horizontal and sustainable society…
By Jean-Yves Huwart
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PARIS
IN -
T H E E U R O P E A N COWORKING ECOSYSTEM 4 implementation strategies on different scales
PARIS
W O R L D # 1 IN COWORKING
LONDON BERLIN
D I G I T A L COMMUNITY
FROM €890 /PRIVATE OFFICE IN PARIS
PARIS
Main cities
A GLOBAL N E T W O R K
LONDON
STRENGTH OF R E G U S ’ N E T W O R K
AVERAGE PRICE €750 /PRIVATE OFFICE IN PARIS
AMSTERDAM
PARIS
Main cities
FRENCH COWORKING S P E C I A L I S T
PARIS COST-EFFICIENT SUBSCRIPTIONS FOR A MULTI-SITE O P E R A T O R
From €460 TO €620 /PRIVATE OFFICE IN PARIS
LYON
Main cities
LILLE ROUEN
LYON
MARSEILLE
THE COWORKING MARKET - T O D AY A N D T O M O R R O W -
Independents + Branded spaces
Independents
THE COWORKING MARKET - T O D AY A N D T O M O R R O W -
%
EVOLUTION OF SELF-EMPLOYED WORKERS BETWEEN 2008 AND 2016 TOP 3 in Europe
40 35
93%of
digital natives don’t see themselves working in “traditional” offices
30 25 20 15
+34%
+33%
source: Deloitte & ESSEC
+28%
10 5 0
EU average
France Netherlands
UK source: Arthur Loyd, according to Eurostat
THE COWORKING MARKET - T O D AY A N D T O M O R R O W -
SEE THE FULL COWORKING STUDY & THIS PRESENTATION ON
www.arthur-loyd.com
KEEP IN TOUCH – YOUR OPINION MATTERS !