Iran's Coworking Boom

The Iranian shared workspace market is characterized by rapid recent expansion, having more than doubled in size between 1402 and 1404 (2023–2025), rising from 50 to 120 official spaces. The Spash platform currently covers 70 active complexes, representing approximately 58% of the total official market. Key metrics include 13,000 registered reservations and 4,290 unique users. Investment attractiveness is driven by significant unmet demand, particularly in West Tehran, a recognized demand hotspot, and the progressive shift towards private offices, which now account for up to 80% of space allocation in some complexes. The market is highly technical, with developers constituting the majority of active users. Monthly rentals generate 80% to 90% of primary revenue, yielding 6 to 8 million Tomans per seat in Tehran. This data is exclusive to the Spash platform.