Market Insights: Australia's Flexible Office Space Market Report - Q3 2024

WeWork vs Regus Serviced Offices

WeWork vs Regus Serviced Offices

Everything you need to know about WeWork and Regus to help you choose the office that's right for your business.

There's a lot to consider when making the switch from a traditional leased office to a shared coworking space. Some essential questions include:

  • What kind of vibe am I going for?
  • Which amenities are absolute musts?
  • What are the highest-rated operators?
  • How much privacy do I need?

Of course, there are more factors at play than just these four. Using other variables such as value for money, facilities, experience, and more, here's the lowdown on two of the most prominent coworking operators in Australia: WeWork and Regus.

About WeWork

WeWork Coworking Offices

The Office Group LogoFounded over a decade ago in New York by Miguel McKelvey and Adam Neuman, Wework has since become a massive global entity. It has a whopping 800 locations around the world, including 20 premium serviced offices spread out across Sydney, Melbourne, Brisbane, and Perth. Overall, it manages over 4 million square meters.

Workspaces for Everyone

Initially, the company aimed to create flexible shared workspaces for entrepreneurs, specifically those in the field of technology. Over the years, it's held fast to its vision of creating environments where people from various industries can join forces to do their best work. WeWork casts a wide net these days, but it still caters best to startups, freelancers, and businesses of all sizes with some WeWork locations having entire floors available for larger companies.

Community Is Part of WeWork's Fabric

The company is perhaps best known for its particular aesthetic, which includes innovative architecture, modern layouts, and trendy common spaces. Many offices have glass walls, which is great for creating a communal feel. The end result infuses its coworking spaces with a casual coffee shop vibe. In fact, micro-roasted coffee, tea, and fruit water are free to patrons at every location — and some of them even offer beer on the house.

Upgraded Safety Protocols

All of WeWork's facilities allow 24/7 coded access, and in the COVID-19 era, buildings have been further enhanced to increase sanitization, improve airflow, and make physical distancing easier.

Wework Pricing and Availability on Rubberdesk

Median Office Rate Per Person $646
Median Coworking Desk Rate $244
Flex Floorspace Available (sqm) 12,490
Available Desk Capacity 2,956

Rates Updated: July 10, 2024

See the full range of available WeWork offices.

About Regus

Regus Serviced Offices

Regus Serviced Office LogoAs part of the collective of workspace brands owned by International Workplace Group, Regus is another powerhouse operation. Founded by the British entrepreneur Mark Dixon in 1989, the company now has a presence in 106 countries. It's one of the world's largest providers of flexible workspaces.

Australia’s Largest Serviced Office Provider

As far as its Australian offerings, Regus has 71 locations across Australia's central business districts, airports, and suburbs. The company oversees 608 serviced offices in all.

Ideal for Corporates

Although all Regus locations come complete with a coffee machine, the coffee shop vibe WeWork is known for is absent here. While WeWork puts the emphasis on making communal spaces, Regus focuses on creating corporate ones. Individual spaces are enclosed and private while providing all of the extras expected from a serviced office.

Privacy is a Key Feature

Regus's locations exude professionalism and class in every detail. As such, the company is particularly well-suited for legal and financial professionals. agencies, and large corporations. Business addresses and virtual offices are also available for companies that need them.

Regus puts particular emphasis on privacy and security, and its enhanced COVID protocols allow for further physical distancing in addition to its ramped-up sanitization efforts.

Regus Pricing and Availability on Rubberdesk

Median Office Rate Per Person $767
Median Coworking Desk Rate $430
Flex Floorspace Available (sqm) 2,725
Available Desk Capacity 1,239

Rates Updated: July 10, 2024

See the full range of available Regus serviced offices.

How we Compare

We look at a number of factors to help you compare these two serviced office operators and find the best office for your business.

Regus vs WeWork - Just the Facts

WeWork Regus
The Skinny WeWork has fast become one of the largest coworking platforms in the world. Known for its inspiring and innovative architectural designs, premium office space and global services, WeWork has effectively created a community that reaches a worldwide audience. With private offices and coworking desks available in 71 locations across Australia, Regus offers a professional solution for those looking for affordable desk or office rates whilst still focusing on a corporate atmosphere.
Prices $$$$$ $$$$
Style Modern and trendy office layouts Professional and corporate office layouts
Vibe Casual, relaxed & community driven Professional, corporate, privacy-focused
Space Dedicated desks, Co-working memberships (WeWork All Access), Private offices, Suites, Enterprise Suites, Entire floors with private meeting rooms Dedicated desks, Co-working memberships, Private offices, Suites, Enterprise Suites, Entire floors with private meeting rooms), Virtual memberships
Best for: Startups, Freelancers, Small business, Enterprise clients looking for a private floor, and those travelling interstate Legal & financial professionals, Agencies, Frequent travellers, large corporates
Locations 15 premium centres located across Sydney, Melbourne, Brisbane, North Sydney, Perth, Brisbane, Pyrmont, Bowen Hills, Northbridge 30 locations across Australian in CBDs, airports and the suburbs. Sydney, Melbourne, Brisbane, Perth, Canberra, Docklands, South Yarra, East Melbourne and more
Available Offices on Rubberdesk 170 140
Available Desks on Rubberdesk 2,956 1,239
Meeting Rooms 200 221
Virtual Offices N/A Business address, virtual offices and virtual offices plus
Amenities Turnkey Office Space
Open desk & Private office Layouts
Desks & office chairs
Filing cabinets
Lighting
Privacy vinyl
Air conditioned
Reception desk with meet and greet
Unlimited WIFI
Printers & copiers
Paper & pens
Paper Shredding
Incoming & outgoing mail service
Mail & package, notification, sorting & delivery
Unlimited tea & coffee
Community network events
Business grade WIFI
Phone handset & lines
Choice of furniture
Workspace layout options
Air conditioned
Copier/scanner
Printers
Receptionist with meet & greet
Dedicated business address with mail handling
Free re-location
Tea and coffee packages
Access & Security Keycard Activation / Deactivation with 24/7 Access
Guest Management / Keycard Access
Security Guards & Video Surveillance
Fire & Safety Personnel
Lift Access
Private parking (by location)
Wheelchair access
24/7 security with code access
Lift Access
Private parking (by location)
Wheelchair access
Facilities Conference Rooms
Meeting Booths & Nooks
Phone Booths
Classrooms
A/V Capability
White Boards & Dry Ease Markers
Furniture & Equipment
Coffee machine
Fridge
Outdoor space
Private bathroom
Private eating area
Private shower
Shared kitchen
Private showers (End of Trip)
Breakout areas
Access to meeting rooms
Use of community meeting rooms (2hrs per day)
Coffee machine
Fridge
Outdoor space
Private bathroom
Private showers
Private eating area
Private shower
Shared kitchen
Meeting rooms
All facilities management & outgoing costs including electricity & water
Extras Additional fees apply for conference/meeting rooms beyond monthly available credits Outgoing telephone calls if using handsets (Telstra standard rates)
Printing/copying charged per page or bring your own printer
A two-month retainer is required as a deposit which is fully refundable
Unlimited tea/coffee (opt-out if not required)
A one time office restoration service to restore the office upon vacating/moving office (carpet cleaning & repainting
Privacy Many offices have glass walls though frosting is available for those businesses with privacy concerns Privacy is a major point of focus
Customers Slack, Puma, KPMG Microsoft, Google, Toshiba
Average Google Star Rating 4.7 4.0

WeWork Flexible Offices

1 Sussex Street Barangaroo Sydney

Up to 18 people
Private Offices

100 Harris Street Pyrmont

Up to 15 people
Private Offices

161 Castlereagh Street Sydney

Up to 3 people
Private Offices

64 York Street Sydney

Up to 20 people
Private Offices

100 Harris Street Pyrmont

Up to 4 people
Private Offices

Regus Flexible Offices

Authour: Tom Petryshen, VP Growth & Analytics, Rubberdesk

Compare Coworking Operators

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