Coworking Space Boom: Gangnam Still Preferred

## FASTFIVE Announces 2025 Coworking Office Trend Report: Market Changes Where Flexibility and Stability Coexist FASTFIVE has clearly presented the changing demand for office spaces by announcing its '2025 Coworking Office Trends' report, based on over 22,000 customer data points. According to the report, long-term contracts of 12 months or more accounted for the largest proportion at 37%, with companies of 10 or more employees showing a clear preference for ultra-long-term contracts of 24 months or more. This is interpreted as a strategic choice by companies to establish a stable office environment through coworking spaces. At the same time, the demand for short-term contracts of 1-3 months increased by 3% compared to the previous year, highlighting the importance of securing flexibility. Reflecting the trend of companies preferring flexible office space operations amid economic uncertainty, FASTFIVE is actively responding to market changes by introducing ultra-short-term rental services on a weekly basis. In terms of regional preference, Gangnam showed overwhelming dominance. The fact that 3 out of the top 5 most popular FASTFIVE branches are concentrated in Gangnam once again proves that Gangnam is the hub of the startup and investment ecosystem. The top priority when choosing an office was undoubtedly 'cost reduction'. The effect of reducing initial investment costs acts as the biggest appeal of coworking spaces, and in addition, building facilities, accessibility, relaxation areas, and contract flexibility were evaluated as important. CEO Kim Dae-il announced his ambition to maximize customer satisfaction by providing innovative services through customer needs analysis and expanding customized products, including not only coworking spaces but also office building construction solutions. This demonstrates FASTFIVE's vision to position itself as a partner that goes beyond simply providing office spaces, catering to various growth stages of businesses.