OPEN SPACE

Country head of IWG (International Workplace Group) Damien Sheehan says, “By 2030, it is predicted that up to 30 per cent of all commercial real estate will be flexible workspace, while flexible working is estimated to increase the total economic output in Australia by an estimated $122 billion.”

IWG alone helps millions of people in 1000 cities across more than 120 countries find collaborative work spaces.

In Australia the firm’s geographical targets include the regions surrounding Sydney such as the Hunter and Wollongong, as well as Penrith and Nowra; the growth corridors north and south of Brisbane, Townsville and Cairns; the Mornington Peninsula, Albury-Wodonga and Mildura.

The business is targeting investors who can commit to three or more locations over the next four to six years.