Coworking

Definition

Coworking is a shared workspace model where independent professionals (freelancers, entrepreneurs, small teams) occupy the same space and share common facilities: workstations, meeting rooms, a kitchen, internet access, and printers.

The concept is simple: rather than renting an individual office (which is often oversized and expensive), each occupant pays a monthly or daily subscription fee to access a fully equipped professional space. This model is based on cost-sharing and the creation of a working community.

How does a coworking space actually work?

A coworking space generally offers several membership options:

The shared open space: unassigned workstations available on a hot-desking basis. You sit wherever there’s space, often on a flexible subscription plan (daily, weekly, monthly).

The private office: a closed-off space for one person or a small team (2 to 5 people) within the coworking space. More privacy, but still access to common areas.

The day pass: ideal for digital nomads or occasional remote workers.

Included services vary from space to space, but typically include: high-speed Wi-Fi, access to meeting rooms (often on an hourly credit basis), coffee/tea, cleaning, and sometimes mail handling.

Who is coworking for (and who it isn’t for)

Coworking is suitable for:

Freelancers and independent professionals who want to break out of the isolation of working from home and return to a structured professional environment. Very small teams (1 to 5 people) in the launch phase who do not yet have a clear picture of their growth. Salaried remote workers looking for a “third place” close to home, a few days a week.

Coworking reaches its limits when:

The team exceeds 8 to 10 people: the cost per workstation becomes comparable to or even higher than that of a dedicated office, without the privacy or customization. The company requires a high level of confidentiality (sensitive customer calls, regulated data). The corporate culture necessitates a branded environment that reflects the company’s identity. Specific facility requirements (server room, studio, storage) exceed the standard offering.

Coworking vs. managed office: the real differences

Confusion between coworking and managed offices is common, but the two models address very different needs:

Space size: coworking offers individual workstations or small offices (1 to 10 workstations). Managed offices offer entire floors, from 10 to 200+ workstations, dedicated to a single company.

Customization: In coworking, you adapt to the existing space. In a managed office, the space can be configured according to your brand identity and operational needs.

The business model: coworking spaces charge per workstation or per person. Managed offices offer an all-inclusive flat rate for the entire space.

Commitment period: coworking spaces operate on a month-to-month basis. Managed office spaces typically require a minimum commitment of 12 months, offering greater stability for both parties.

The day-to-day experience: In a coworking space, you share common areas with dozens of different organizations. In a managed office, your team has its own dedicated space while still benefiting from managed services (maintenance, cleaning, reception).

5 criteria for choosing between coworking and a dedicated office

  1. Count your actual workstations: for fewer than 5 people, coworking is almost always more economical. With more than 10 employees, calculate the cost per workstation: a dedicated or managed office often becomes more cost-effective.
  2. Plan for the next 12 months: if your workforce is set to double, coworking offers the necessary flexibility. If your workforce is stable, a longer-term commitment reduces your monthly cost.
  3. Assess your privacy needs: regular client calls, sensitive data? A private office will quickly become essential.
  4. Test before committing: most spaces offer trial days. Spend a full workday there, not just a visit. Pay attention to noise levels, lighting, and Wi-Fi quality during peak hours.
  5. Read the termination terms: check notice periods, automatic renewal clauses, and any early termination fees.

The Role of Coworking in Today's Real Estate Ecosystem

Coworking has profoundly transformed businesses' expectations regarding real estate. By demonstrating that it was possible to access a professional space without signing a 3-, 6-, or 9-year lease, it paved the way for more flexible models such as managed office spaces or service-based solutions.

For companies with unused space, this growing demand for flexibility represents an opportunity: solutions like Sora allow you to transform these vacant square feet into managed spaces, attracting a clientele that grew up with coworking but whose needs have evolved toward more space and customization.

Has your team grown, and is coworking no longer enough? Discover our managed spaces: turnkey, flexible offices designed for growing businesses.