3 Reasons Shared Amenities Don’t Pay Off (Yet) & What to Do About It
Shared amenities attract hybrid tenants. But do they generate ROI? Here are three reasons they often don’t and how to turn them into profit drivers.
It’s no secret that tenant expectations have changed. Whether they’re signing a two-month coworking contract or committing to a long-term lease, they’re not just touring “office space”, they’re evaluating the full hybrid experience. Good-looking lounges, shared meeting rooms, phone booths, connected services, and Instagrammable coffee bars are no longer extras. They’re part of the decision criteria. Especially when that tenant needs to lure employees back and third of them are Gen Z.
But here’s the challenge: those beautiful shared amenities aren’t free. Operators and asset managers still have to fund the build, absorb the furnishing cost, and dedicate square metres to space that can’t be leased privately. These “extensions”, communal meeting rooms, event spaces, team pods often don’t count towards net rentable area (NRA), which is what drives leasing revenue and NOI. That’s reason one: you’re building amenities to attract tenants, but you’re not tracking or monetising how they’re used.
Next week, we’ll be digging into the ROI side of this with a free calculator that shows what shared amenities can actually generate when managed with purpose-built solutions like elumo. But the truth is simple: in the era of hybrid work, shared spaces are no longer a luxury. They’re a cost centre waiting to become a profit engine if you remove the friction and let them flex.
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