FastFive: 94% H1 Renewal Rate, Stable Growth Thanks to Customer Trust

FastFive Solidifies Office Market Leadership with Overwhelming 94% Recontract Rate Shared office brand FastFive recorded an astonishing recontract rate of 94% in the first half of 2025, proving its unrivaled trust and growth in the rapidly changing office market. This is the result of tenant companies valuing an environment that allows them to focus on their core business, free from the complexities of office management and operations, beyond mere cost savings. FastFive also demonstrated strong potential in securing new demand. During the first half, it recorded approximately 19,000 inquiries for tenancy, and ranked first in a survey on willingness to recommend shared offices to acquaintances, thereby securing both high customer satisfaction and strong brand loyalty. As of September 2025, the cumulative number of companies utilizing FastFive is approximately 28,000, and the current number of resident members exceeds 34,000. This demonstrates that an integrated service system, encompassing prime location near public transportation, standardized operational management, and IT solution and infrastructure support, is providing long-term trust to companies across various industries. Real success stories further clarify FastFive's value. Global fintech company WireBarley has utilized FastFive as its base office for over 6 years since its initial tenancy in 2019, expressing high satisfaction with flexible space selection according to corporate growth stages and professional support across security, facilities, and IT management. Additionally, Wolgeupnal, a payroll outsourcing specialist, was able to fully concentrate on its core business thanks to FastFive's complete infrastructure and management services, even during the special circumstances of each year-end tax adjustment season since 2020, which requires dozens of personnel to work intensively for short periods. Kim Dae-il, CEO of FastFive, stated, "The 94% recontract rate in the first half signifies that customers perceive their office not merely as a cost item, but as a core foundation for corporate competitiveness," and revealed his vision to "continue providing the optimal environment for companies to focus on their core business, and to leap forward as Korea's leading office platform supporting the growth of various industries." FastFive is establishing itself as a reliable partner for corporate growth, creating value beyond just an office.