the concept of work and living is changing and there are more people looking for these places that allow establishing a network of contacts with people from different areas, in a mix between work and leisure. also, the investment into our sector is booming, growing year-after-year since 2015. and in this ecosystem, there are a lot of possibilities of investment and, as you imagine, a lot of areas to be explored by third-party providers.
sitio is the one of the largest networks of working and living spaces in Portugal, with currently 21 locations (13 workspaces and 8 residences). as part of Grupo HIMO, a real estate business corporation, with an in-house team of experienced architects and interest in creating different types of spaces for different purposes. sitio has the capacity to improve the value of property, with lower than market costs of intervention, and by not imposing a function or typology we see and create value where other do not.
new working and living solutions that started as a trend in the early 2000’s, have now proved to be a tendency with a stable growing market. the few thousand coworks that existed worldwide in 2010, have grown to over 35.000 in 2020. with predictions to continue growing at a 13% rate until 2022. and interestingly the forecast states that 40% of worldwide demands comes from large and corporate companies.
so if you are looking to invest, lets talk because there are a range of interesting opportunities we can offer.