Where 2024 has seen a myriad of changes, coworking spaces in Pakistan are also undergoing a remarkable transformation, evolving well beyond the traditional office setups that once dominated the landscape. Today’s coworking environments are being reimagined to cater to diverse needs and preferences, reflecting a broader trend towards creating community-oriented workspaces beyond mere functionality.
As Oscar Wilde once said, “The only thing worse than being talked about is not being talked about”. In the context of coworking, it is clear that creating spaces where conversations and interactions thrive is essential.
This year’s trend emphasises creating workspaces that foster a strong sense of community and collaboration. Coworking spaces are increasingly designed with themes that include rural and unconventional interior styles, offering a refreshing departure from the conventional corporate look.
These themed spaces are not only visually appealing but also encourage a more engaging and inclusive atmosphere, where professionals can feel more connected to their work and each other.
Global Impact of Co-Working Spaces
According to market research, the global co-working space market was valued at approximately USD 10.53 billion in 2023. The market is projected to grow significantly, reaching around USD 35.63 billion by 2032. This growth represents a robust compound annual growth rate (CAGR) of approximately 14.5% from 2024 to 2032.
The rapid expansion of the co-working space sector is driven by the increasing adoption of flexible working arrangements, the rise of remote and freelance work, and the growing demand for cost-effective office solutions. This global trend reflects a broader shift towards flexible work environments, supported by advancements in technology and changing business needs.
Budding Trend in Pakistan
Occupancy rates for co-working spaces in Pakistan are high, averaging around 85-90% by the end of 2023. This reflects the strong demand and utilization of these flexible office environments. Investment in the sector has been robust, with over USD 50 million invested by both local and international stakeholders in new developments and expansions.
Corporate adoption of co-working spaces is also significant, with approximately 30% of space usage attributed to companies seeking flexible office solutions for their teams. This trend highlights the growing importance of co-working spaces in accommodating the evolving needs of modern businesses.
Explore Finest Co-Working Spaces in Lahore
Bear with us to learn about the finest working spaces in Lahore’s vibrant corporate landscape:
Daftarkhwan (DK) – Gulberg, DHA
Daftarkhwan (DK) is designed as a versatile community space aimed at supporting creators, entrepreneurs, and social ventures. It offers a range of facilities to meet the diverse needs of its members.
The workspace at DK includes flexible seating arrangements for individuals and teams, complete with essential administrative and technological amenities. Members can benefit from utilities, maintenance services, and complimentary tea.
In addition to its workspaces, DK provides an event space suitable for educational and social gatherings, intended to foster a strong community of innovators. For meetings and collaborative sessions, DK features a conference room equipped for both in-person and virtual interactions.
Community areas at DK include two multi-purpose lounges, a library, huddle rooms, a coffee bar, and a kitchen, all designed to enhance interaction and comfort.
- Pricing Details
Daftarkhwan (DK) offers a range of flexible pricing options to accommodate different needs and preferences. Here’s an overview:
- Dedicated Desk: Starting from PKR 16700
- Private Office: Starting from PKR 65000
Colabs – Gulberg II, Johar Town
Colabs offers a well-designed workspace aimed at boosting collaboration, productivity, and innovation through a strong community and network. You can choose from options like Day Passes, Monthly plans, Private Offices, Hot Desks, or Dedicated Desks, depending on what suits you best.
Colabs provides essential amenities including high-speed internet, valet parking, printing facilities, and meeting and event spaces. With three convenient locations in Lahore, Colabs is a leading coworking space in the city.
- Pricing Details
Colabs provides various flexible pricing options to meet diverse needs and preferences. Here’s a summary:
- Day Pass: Starting from PKR 2000 (single person)
- Hot Desk: Starting from PKR 22500 (single person)
- Private Office (medium with 6 – 10 people capacity): Starting from PKR 28000 (per seat)
These prices may vary with small, medium, and large offices including enterprise and private offices.
Kickstart – Gulberg, Airline Society
Next in line is Kickstart. It offers an excellent networking environment where professionals from a wide range of fields come together for an outstanding office experience. It is a space where you can sit, relax, think, and work without distractions, disturbances, or interruptions. Enjoy a highly professional environment with top-notch standards and a skilled staff.
- Pricing Details
Kickstart is one of Lahore’s longest-established coworking spaces and was a pioneer in the market. Following are its price details:
- Dedicated Desk: Starting from PKR 7000
- Private Office: Starting from PKR 80000
Popcorn Studios – Gulberg, DHA
What adds significant value to Lahore’s working-space landscape is the name Popcorn Studio. It provides a fully equipped professional workspace with all the essentials, including WiFi, meeting rooms, printing facilities, valet parking, and personal lockers.
- Pricing Details
Located near Mall 1, it is a great spot for coffee enthusiasts, offering a selection of free coffees to keep you motivated.
- Dedicated Desk: Starting from PKR 13,500
- Private Office: Starting from PKR 135,000 (with a capacity of 7 people)
GitMit – Gulberg III
GitMit creates a stimulating environment that supports your focus and growth. Known for its outstanding staff and efficient management, GitMit is dedicated to ensuring your comfort and satisfaction. The approachable team is available to assist with anything you need, from a coffee to a quick snack to boost your productivity.
- Pricing Details
The well-stocked café bar is a standout feature, enhancing the workspace with a cosy atmosphere that reflects GitMit’s commitment to providing excellent facilities.
- Dedicated Desk: PKR 15000
- Private Office: PKR 15000 (1 person)
Shared coworking spaces are evolving into vibrant hubs for networking and community building. By incorporating amenities and features that facilitate interaction and collaboration, these spaces are becoming central to professional growth and innovation.
Events, seminars, and networking opportunities hosted within these environments are key components in fostering a sense of community and shared purpose among members. Larger coworking spaces are being designed to meet the needs of corporate clients, providing expansive facilities that accommodate various business operations.
As coworking spaces continue to innovate, they are adapting to meet the dynamic needs of today’s professionals. The emphasis is on creating environments that support both productivity and well-being, with a focus on sustainability and technological advancement.
With these trends, coworking spaces in Pakistan are poised to shape the future of work and redefine how we approach shared work environments.
