Since many companies have entered the shared office and other rental space business, competition is fierce and it can be unprofitable.
Building owners need to attract customers, add value, and provide hospitality in order to continue earning a stable income from their business. However, this requires a cost. Also, the advertising fees paid to portal sites to attract customers are not cheap.
While portal sites are likely to be profitable, individual rental space management companies may not be. In particular, rental spaces that lack name recognition and uniqueness may struggle.