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Coworking space practices: assessing space users’ preferences and challenges in Ibadan, Nigeria

Timothy Oluwafemi Ayodele (Department of Estate Management, Obafemi Awolowo University, Ile-Ife, Nigeria and Department of Quantity Surveying and Construction Management, University of the Free State, Bloemfontein, South Africa)
Oyeronke Toyin Ogunbayo (Department of Estate Management Obafemi Awolowo University, Ile_Ife, Nigeria)
Kahilu Kajimo-Shakantu (Department of Quantity Surveying and Construction Management, University of the Free State, Bloemfontein, South Africa)
Theophilus Babatunde (Department of Estate Management, Faculty of Environmental Design and Management, Obafemi Awolowo University, Ile-Ife, Nigeria)

Journal of Corporate Real Estate

ISSN: 1463-001X

Article publication date: 25 October 2021

Issue publication date: 19 October 2022

343

Abstract

Purpose

Coworking spaces are recent developments in commercial property investment portfolio in Nigeria. Given the user-centered nature of coworking space practices, the purpose of this paper is to examine the factors influencing users’ preference for coworking, and the challenges associated with the use of coworking spaces in the emerging Nigeria property market.

Design/methodology/approach

This study used a quantitative research approach. This study sampled nine (9) traditional coworking spaces in Ibadan property market, from which 15 coworking space users were randomly selected in each of the coworking hubs. From a total of 135 respondents, only 45 (33.33%) questionnaires were retrieved and found suitable for analysis. The data collected were analyzed using descriptive and inferential statistics.

Findings

The results showed that economic and social motivators were significant drivers influencing coworkers’ decision to cowork. Personal factors were the least rated. Also, top-rated features/facilities that users prefer in the workstations include a neat environment and conveniences, uninterrupted power supply, serenity of the neighborhood and ease of signing up. The findings also showed that the challenges being faced by the users were predominantly about disturbance/noise from guests and/or other users, lack of privacy, poor internet connectivity, power failure and inability to personalize workspace (in decreasing order).

Practical implications

This study has implications for investors and users of coworking spaces in comparable developing markets. Also, the study will influence strategies and decisions of private firms/companies, as it relates to the work pattern of their employees.

Originality/value

This paper is relevant given the emergent behavioral changes, necessitated by the changing work practices. This compels the need for a reevaluation of the preferences and challenges associated with coworking spaces, especially as it relates to the users of flexible office spaces in emerging economies.

Keywords

Citation

Ayodele, T.O., Ogunbayo, O.T., Kajimo-Shakantu, K. and Babatunde, T. (2022), "Coworking space practices: assessing space users’ preferences and challenges in Ibadan, Nigeria", Journal of Corporate Real Estate, Vol. 24 No. 4, pp. 256-272. https://doi.org/10.1108/JCRE-03-2021-0011

Publisher

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Emerald Publishing Limited

Copyright © 2021, Emerald Publishing Limited

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