There's a lot to consider when making the switch from a traditional leased office to a shared coworking space. Some essential questions include:
Of course, there are more factors at play than just these four. Using other variables such as value for money, facilities, experience, and more, here's the lowdown on two of the most prominent coworking operators in Australia: WeWork and Regus.
Founded over a decade ago in New York by Miguel McKelvey and Adam Neuman, Wework has since become a massive global entity. It has a whopping 800 locations around the world, including 20 premium serviced offices spread out across Sydney, Melbourne, Brisbane, and Perth. Overall, it manages over 4 million square metres.
Initially, the company aimed to create flexible shared workspaces for entrepreneurs, specifically those in the field of technology. Over the years, it's held fast to its vision of creating environments where people from various industries can join forces to do their best work. WeWork casts a wide net these days, but it still caters best to startups, freelancers, and businesses of all sizes with some WeWork locations having entire floors available for larger companies.
The company is perhaps best known for its particular aesthetic, which includes innovative architecture, modern layouts, and trendy common spaces. Many offices have glass walls, which is great for creating a communal feel. The end result infuses its coworking spaces with a casual coffee shop vibe. In fact, micro-roasted coffee, tea, and fruit water are free to patrons at every location — and some of them even offer beer on the house.
All of WeWork's facilities allow 24/7 coded access, and in the COVID-19 era, buildings have been further enhanced to increase sanitization, improve airflow, and make physical distancing easier.
|Median Office Rate Per Person||$631.50|
|Median Coworking Desk Rate||$214.00|
|Flex Floorspace Available (sqm)||16,905|
|Available Desk Capacity||1,967|
As part of the collective of workspace brands owned by International Workplace Group, Regus is another powerhouse operation. Founded by the British entrepreneur Mark Dixon in 1989, the company now has a presence in 106 countries. It's one of the world's largest providers of flexible workspaces.
As far as its Australian offerings, Regus has 71 locations across Australia's central business districts, airports, and suburbs. The company oversees 608 serviced offices in all.
Although all Regus locations come complete with a coffee machine, the coffee-shop vibe WeWork is known for is absent here. While WeWork puts the emphasis on making communal spaces, Regus focuses on creating corporate ones. Individual spaces are enclosed and private while providing all of the extras expected from a serviced office.
Regus's locations exude professionalism and class in every detail. As such, the company is particularly well-suited for legal and financial professionals. agencies, and large corporations. Business addresses and virtual offices are also available for companies that need them.
Regus puts particular emphasis on privacy and security, and its enhanced COVID protocols allow for further physical distancing in addition to its ramped-up sanitization efforts.
We look at a number of factors to help you compare these two serviced office operators and find the best office for your business.
|Median Office Rate Per Person||$590.00|
|Median Coworking Desk Rate||$469.00|
|Flex Floorspace Available (sqm)||19,840|
|Available Desk Capacity||1,967|
|The Skinny||WeWork has fast become one of the largest coworking platforms in the world. Known for its inspiring and innovative architectural designs, premium office space and global services, WeWork has effectively created a community that reaches a worldwide audience.||With private offices and coworking desks available in 71 locations across Australia, Regus offers a professional solution for those looking for an affordable desk or office rates whilst still focusing on a corporate atmosphere.|
|Style||Modern and trendy office layouts||Professional and corporate office layouts|
|Vibe||Casual, relaxed & community driven||Professional, corporate, privacy-focused|
|Space||Dedicated desks, Co-working memberships (WeWork All Access), Private offices, Suites, Enterprise Suites, Entire floors with private meeting rooms||Dedicated desks, Co-working memberships, Private offices, Suites, Enterprise Suites, Entire floors with private meeting rooms), Virtual memberships|
|Best for:||Startups, Freelancers, Small business, Enterprise clients looking for a private floor, and those travelling interstate||Legal & financial professionals, Agencies, Frequent travellers, large corporates|
|Locations||18 premium centres located across Sydney, Melbourne, Brisbane, North Sydney, Perth, Brisbane, Pyrmont, Bowen Hills, Northbridge||59 locations across Australian in CBDs, airports and the suburbs. Sydney, Melbourne, Brisbane, Perth, Canberra, Docklands, South Yarra, East Melbourne and more|
|Available Offices on Rubberdesk||155||381|
|Available Desks on Rubberdesk||2,846||3,125|
|Virtual Offices||N/A||Business address, virtual offices and virtual offices plus|
|Amenities||Turnkey Office Space
Open desk & Private office Layouts
Desks & office chairs
Reception desk with meet and greet
Printers & copiers
Paper & pens
Incoming & outgoing mail service
Mail & package, notification, sorting & delivery
Unlimited tea & coffee
Community network events
|Business grade WIFI
Phone handset & lines
Choice of furniture
Workspace layout options
Receptionist with meet & greet
Dedicated business address with mail handling
Tea and coffee packages
|Access & Security||Keycard Activation / Deactivation with 24/7 Access
Guest Management / Keycard Access
Security Guards & Video Surveillance
Fire & Safety Personnel
Private parking (by location)
|24/7 security with code access
Private parking (by location)
Meeting Booths & Nooks
White Boards & Dry Ease Markers
Furniture & Equipment
Private eating area
Private showers (End of Trip)
Access to meeting rooms
Use of community meeting rooms (2hrs per day)
Private eating area
All facilities management & outgoing costs including electricity & water
|Extras||Additional fees apply for conference/meeting rooms beyond monthly available credits||Outgoing telephone calls if using handsets (Telstra standard rates)
Printing/copying charged per page or bring your own printer
A two month retainer is required as a deposit which is fully refundable
Unlimited tea/coffee (opt out if not required)
A one time office restoration service to restore the office upon vacating/moving office (carpet cleaning & repainting
|Privacy||Many offices have glass walls though frosting is available for those businesses with privacy concerns||Privacy is a major point of focus|
|Safety||WeWork has implemented strict Covid-19 safety protocols including increased sanitisation, enhanced cleaning, improved air flow, priortising personal space, signage, de-densified lounges, single-occupancy work nooks, reconfigured meeting rooms, enhance phone booth cleaning schedules and complementary sanitisation products.
Nightly trash removal from offices, conference rooms and common areas
Daily upkeep of bathrooms, pantires, conference rooms, and common areas
Deep clean of offices on a weekly basis
|Regus has also implemented strict Covid-19 safety protocols and access to hand sanitizer at entry ways, one way traffic, physical distancing, visible signage, mask wearing and frequent cleaning.|
|Customers||Slack, Puma, KPMG||Microsoft, Google, Toshiba|
|Average Google Star Rating||4.7||4.0|
The cost to rent a coworking desk at WeWork & Regus varies by location with most WeWork locations starting at $445 per desk per month in Sydney while the median price of a cowkring desk at Regus is $517 per month in the Sydney CBD as of March 16, 2022.
The median cost to rent a one person private office at Regus is $590 per desk compared to $631.50 per desk at WeWork as of March 16, 2022.
As specialist brokers in the flexible office market, Rubberdesk is across all the options, offers and availability. We have real time pricing for thousands of spaces listed by hundreds of providers to help find your next office.
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