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Jakarta Post

Coworking spaces drive growth in business districts

  • The Jakarta Post

Jakarta   /   Sat, July 20 2019   /  01:25 am

Demand for coworking spaces and serviced offices has offset the sluggish occupancy rates in Jakarta’s central business district (CBD) from April to June this year, according to property consultant Jones Lang LaSalle (JLL) Indonesia.Around three quarter of coworking spaces and serviced offices in Greater Jakarta are located in the central business district area, said JLL head of research James Taylor.“[With] flexible spaces, including coworking spaces and serviced offices, service providers have been growing quite aggressively, as reflected in the expansion of spaces used for the providers in past years,” Taylor said.For the operators of coworking spaces, the booming startup business has spurred the aggressive growth of coworking spaces as local entrepreneurs seek a more nurturing and affordable environment to develop their businesses.The space providers operating in Greater Jakarta...