Daniel Lamadrid digs into a big perk of Revolut’s new credit card offering in Mexico: free access to WeWork locations.

The piece for allwork.space notes that coworking access is now in the same category as airport lounges, cybersecurity tools and premium media subscriptions – ie "essential lifestyle infrastructure for modern professionals."

As for the details: card holders get 1 to 3 visits per month based on the their tier, Metal or Ultra.

Andrea Pirrotti-Dranchak explores the "power of proximity" in her latest Allwork.Space article, “The Real ROI Of RTO".

Included in the article are stats from MIT Sloan School of Management and Harvard Business School showing how proximity drives measurable performance. The piece also looks at how/why Instagram is moving to five days a week because in-person teams move faster, think sharper, and create better.

Andrea Pirrotti-Dranchak shares a piece that explores how RTO mandates are helping cities come back to life.

Some numbers shared are that in Seattle, foot traffic surged to 95k+ daily visits after Amazon’s RTO shift. NYC recaptured ~76% of pre-pandemic office attendance, reviving restaurants, transit, and street-level commerce. Office Valuations have dropped nearly 30% in San Francisco, showing the stakes when people don’t come back. Each worker returning to an office generates $4,000–$6,000 in local economic activity (NBER).

This is a super short read, with great stats from
National Bureau of Economic Research, Downtown Seattle Association Office of the New York City Comptroller.

allwork.space summarize the recent (but unfortunately email-gated) report from CBRE that forecasts a rapid expansion, up to 20% of London’s office market by 2030. According the report, flex currently represents 12% of the UK capital’s total office footprint, but they expect this to grow to 20% (or 50M sqft) over the next 5 years. A key driver of this growth is the expansion of "brandlords" (or landlords who offer their own flex brands) which they predict will reach 3M sqft by 2030, up 200% from current levels.

They also identify "shadow flex market" as an emerging category – which is conventional office space that is not labeled/marketed as flex space, but made available on flex-like terms through negotiation.