Seeking collaboration in coworking spaces in the new normal

IN the Philippines, coworking is becoming more popular especially in the central business districts (CBDs) of Metro Manila. As its name suggests, co-working spaces foster collaboration among its users. It is an emerging type of workspace that features a physical design of an open floor, arrangement of tables that enable coworkers to interact, complemented social areas such as kitchen, meeting rooms and leisure areas.

Co-working in the Philippines is a trend popularized by tech-savvy millennials who comprise the bulk of the metropolitan sector. It is projected that Metro Manila's co-working space sector in CBDs will grow at least 10 percent per annum over the next three years due to the following reasons: the continued rise of micro, small, and medium enterprises; the influx of multinational corporations; and for freelancers and startups looking for plug-and-play offices.