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Coworking industry tracker cites concern over increased competition, overvaluation, and Regus’ plunge in value 

Coworking industry tracker cites concern over increased competition, overvaluation, and Regus’ plunge in value 
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The coworking industry is getting more competitive. Recent examples include stories about coworking spaces offering of a year’s free rent to prospective tenants, reports of coworking spaces spying on competitors and coworking spaces closing down due to growing competition.

Source: www.smallbizlabs.com

Some are questioning the sustainability of co-working with Regus’ reporting a loss of 1/3rd their marketing value, a WSJ article likening WeWork’s $20 Billion valuation to “pixie dust,” and increased competition traditional office buildings,  libraries, and coffee shops.

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