Also known as coworking; same definition, different spelling.
Term is first coined in 2005 as a style of work that involves a shared office space. People who work in co-working spaces are not employed by the same organization. They work alongside one another in hotdesks, permanent desks or team rooms. A co-working space typically has shared amenities and services eg: reception, printers, break-out spaces. Co-working spaces generally hold networking events, Lunch-and-Learns and social Fridays. Some co-working spaces may curate members.
Increasingly, serviced offices are also offering co-working space options in hotdesks and permanent desks.