The PRWIRE Press Releases https:// 2019-03-25T19:50:20Z Peer to peer office rental market gets rebooted 2019-03-25T19:50:20Z peer-to-peer-office-space-market-gets-rebooted-1 Australian PropTech disrupter Rubberdesk, today announces the relaunch of its peer to peer marketplace for businesses to earn by renting their spare office space out. In a twist to the enormous and growing coworking trend, over two thirds of office rentals through Rubberdesk are peer to peer, where one business has spare office space and another rents it from them by the month ongoing. Huge growth in flexible office space Now, with over 15,000 spaces available to rent, the Rubberdesk relaunch adds extended 3, 6 and 12 monthly rental terms, coupled with online payment processing and standard licence agreements, the business is focused on making the sharing of unused office space as easy as possible. And demand has been high, with Rubberdesk doubling in size over the last 4 months alone.  "The choice of turnkey offices available has never been better and that's great news for businesses of all sizes." Said Jim Groves, Co-Founder and CEO of Rubberdesk "And with more businesses renting space for a year or more without ever taking a lease, peer to peer rentals is a game changer and valuable addition to the industry."   Despite traditional office space availability now at an all time low across most capital cities, Rubberdesk has seen an enormous amount of unused flexible office space come to market. Research published by JLL, expects the flexible office space market to account for 30% of office space in the coming years, and Rubberdesk's own research puts the value of unused office space globally at over $130bn per annum.  "Rubberdesk Guests want a space their team can thrive in, without the headache and upfront expense of leasing. The freedom to focus on their business without worrying about real estate is very liberating." Continued Jim. The global coworking phenomenon has brought flexible workspace to the attention corporates and small businesses alike. In fact, most of the big name and boutique commercial coworking operators list their offices on Rubberdesk alongside traditional businesses with spare office space to rent. It's a mix that Jim is very proud of.  "The challenge was to make it easy for traditonal businesses with spare office space to earn without it becoming a full-time job. Now, business has the tools to list their space, get paid online, have agreements all done for them." Said David Dale, Co-Founder and CTO of Rubberdesk. "Our focus is on using technology to reduce friction around the rental process. From start to finish we've put control in our customers' hands. The design of the site is an intentional departure from the traditional real estate feel, and instead is more organic and human, which reflects our "people first" approach."   Financial and Work-place Happiness Benefits   Businesses renting their spare office space through Rubberdesk have seen more than just the financial rewards of doing so, as explained by some of the Hosts on the site who have had success:  "...the office was finally well utilised, financially that was a great outcome, but also the culture was a much more fun place to go to work." Said Rubberdesk Host Cesar Aldea   And of course the financial help it gives a business when covering the rent is not to be underestimated:   "It takes a massive strain off our business to have three quarters of the office filled by another agency." Said Rubberdesk Host Adam Blain. "We get a really good team atmosphere and a creative space which is better for everybody" Big Names in Coworking involved Among the Hosts on the platform are traditional businesses keen to earn by renting their spare office space, as well as the big names of coworking such as WeWork, IWG and Servcorp to name a few. In fact the site is available to anyone looking to rent office space on flexible terms. Rubberdesk, started out being referred to as "The Airbnb of office space", but quickly found that although the similarity of renting spare space resonated with customers, the analogy didn't cover the nuances or duration of workspace bookings. "On Airbnb, guests rent space for days or weeks at a time without viewing before arriving. With Rubberdesk our Guests and Hosts meet and if both are happy to proceed they typically rent for a year or more." Said Jim Groves Rubberdesk Co-Founder. "Over and above the financial returns, Rubberdesk is about connecting likeminded people, not just desks and chairs." What is Flexible Workspace? In the past there have been any number of terms for office space not leased or subleased. They've been referred to as hot-desking, managed or serviced offices, turnkey offices and most recently coworking spaces. But the overarching theme is flexibility, whether to describe the reuse of the physical space or the people that inhabit it. It's not just the workspaces that are flexible, its the way we use them and they interact with our lives. About Rubberdesk Cofounded by Jim Groves and David Dale, the Australian PropTech startup was launched in 2016 to provide an alternative to leasing commercial office space for small and medium and sized businesses. After the initial build out phase, the site grew organically before Domain brought Rubberdesk in to power their coworking site on CommercialRealEstate.com.au. It's first funding round closed successfully in July 2018. Rubberdesk only gets paid when it's Host members do. It deducts 10% from the rental amounts shown as the Rubberdesk fees. Image courtesy of Rubberdesk. The Rubberdesk Sydney Team. David Dale Co-Founder & CTO (left), Rachael De Costa Intern (centre), Jim Groves Co-Founder & CEO (right) Additional Resources See all the stories from our customers and more quotes here. See all the new features here. Learn how Rubberdesk works here. More Press resources here. Coworking Office Space Goes Super Sized 2018-08-27T03:41:49Z coworking-office-space-goes-super-sized The popularity of coworking and serviced office spaces has in part been driven small businesses agility and leaning to outsource everything from people, services and infrastructure. Indeed if you look around most coworking centres the sweet spot for their customer office size is 5 - 10 staff, with room amongst coworking desk spaces to expand. However, one of the things we've noticed here at rubberdesk.com.au is the growth in larger office spaces of up to 100 desks being offered as turn key serviced office solutions - and it's big corporates not small businesses and startups that are taking an interest. Coworking Marketplace When we built a marketplace for businesses to rent spare office space, we didn't expect to have offices for teams of up to 30, 50 or 100. All ready to move into! But we have. And they are gorgeous. These private offices for 21 people in Chippendale are offered furnished and ready to go for $19,000 a month While the offices are well designed, beautifully styled and come with a great quality of fit out - there is plenty more on offer. As we bang on about - it's people that make businesses not desks and chairs. The point is that it's a lot easier to get great people motivated when they are in a beautiful environment and surrounded by like minded communities. Community at the heart And that leads to the next vital ingredient in the mix... Community. When businesses share the same cafe, Friday night drinks and break out areas it creates opportunities for "positive collisions". You know, those times you strike up a conversation with a Random, and it turns out there's a connection. About Rubberdesk Here at rubberdesk.com.au we're a marketplace for coworking desks, serviced offices and spare office space. We help businesses find great places to work amongst like minded communities. Whether small or large we have businesses sharing their space month to month. It's free to list spare office space on rubberdesk.com.au . Join the thousands of listings now and start earning It's your desks turn to earn