Professionals' Choice: The Best Coworking Space for All Sizes
The landscape of the shared office market is being reorganized around professional occupations. FastFive announced an unprecedented record high in occupancy contracts for professional occupations in the first half of 2025, revealing a remar...
The landscape of the shared office market is being reorganized around professional occupations. FastFive announced an unprecedented record high in occupancy contracts for professional occupations in the first half of 2025, revealing a remarkable growth rate of 65% compared to the previous half-year period. This clearly demonstrates that the 8 major professional occupations, such as lawyers and accountants, are actively utilizing shared offices as practical business hubs, moving beyond simple office spaces.
It's no longer short-term use. The average occupancy period for professional clients reaches 1 year and 5 months (528 days), and the diverse spectrum, from 2-month short-term contracts to a maximum of 7 years, along with a high renewal rate, proves that shared offices are becoming a long-term and stable business foundation for them. From one-person law offices to large law firms with 280 employees, and even large accounting firms utilizing them as hub offices for 1200 people, the average occupancy size of 4.7 people is satisfying the unique flexible needs of professionals.
The key driver behind this influx of professionals is the expertise in location and service. Gangnam 5th branch, Gyodae branch, and Euljiro 1st branch, where occupancy was active, are all located in Seoul's core business districts, perfectly aligning with the work characteristics of professionals who require excellent customer accessibility and frequent external meetings. By occupation, lawyers had an overwhelmingly high proportion, followed by labor attorneys, judicial scriveners, accountants, and patent attorneys.
FastFive's differentiated strengths stem from a stable operating environment and excellent space utilization efficiency. By providing all necessary infrastructure for office management, it supports professionals in focusing solely on their core business. In particular, independent meeting spaces designed with the crucial need for confidentiality for professionals in mind, along with systematic access control security systems, have built high trustworthiness and driven the expansion of occupancy.
Kim Dae-il, CEO of FastFive, emphasized, "This professional occupancy data is an important indicator showing that FastFive is being chosen as a practical business base across various industries, beyond specific sectors." He also stated, "Professionals now demand spaces that represent the professionalism and reliability of a company, beyond simple office spaces," and added that Fastive will continue to strengthen the expertise in space configuration and operational services to allow clients to focus on their core business. Shared offices are thus evolving, presenting a new standard for professional businesses.
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