Convendum have officially exited their court-supervised restructuring. During the process the network went from 21 locations to 17, dropping 22k sqm of space. The firm will begin repayments on their €9.7M written-down debt, and the €1.1M in frozen deposits have been refunded to clients who terminated their leases.

To boost the recovery strategy, the firm also shared that they’ve secured €4.9M in new funding, that makes Knutsson Holdings their largest shareholder. CEO Håkan Jeppsson also noted that occupancy had bumped up to 77% from 53% last year.

Convendum and Dospace, two of Sweden’s leading coworking operators, announced a reciprocal membership partnership in 2025 that allows members to access each other’s spaces across Sweden and Palma, Spain, while sharing benefits like coffee, events, and networking.

The deal, running in test phase until December, comes as Convendum restructures and pursues collaborations, and Dospace adapts its footprint after exiting Jönköping, reflecting a broader trend toward consolidation and larger hubs in the Swedish coworking market.

CONVENDUM has shared that they’ve officially exited their court-supervised corporate restructuring process.

The results? The firm’s CEO Håkan Jeppsson shared they achieved a cost reduction of 30%, while maintaining revenue levels. Also, 75% of their nearly €43.4M in debt was written off, and landlords who saw contracts terminated early were compensated with approx. €6.2M.

Genetor Coworking and CONVENDUM share that they’ve setup a pilot reciprocal membership programme, letting each of their members access each others workspaces, lounges, and meeting rooms. The programme runs from August 1st till December 31st 2025.

As members look to expand their workspace ecosystems beyond what can be covered by just one brand, we expect to see even more reciprocal partnerships formed. Prev. examples include KOFISI and Workshop17’s pan-African partnership, or WeWork and Vast Coworking’s similar partnership.

CONVENDUM, a major coworking provider in Sweden, is entering a reconstruction phase due to financial strains caused by rising rental costs and other economic challenges. Seventeen of their twenty locations in Stockholm are affected, as the company seeks to navigate financial restructuring to stabilize its business.