Ryan Simonetti shares Convene’s second London location at Sancroft, St Paul’s.

"Set to open in Q1 2024, this addition will support local demand for meeting and event spaces and will offer a 900-person grand hall, the largest above-ground meeting space in the City of London."

David M. Levitt asks if recent closures expose weaknesses of flex office space busieness models. The article (behind a soft paywall hones in on the struggles of daybase and comments from their CEO Joel Steinhaus; WeWork (v1 and v2); and a landlord running flex space as a loss-leader.

In counter-arguments there are some positive snippets though from industrious’ Jamie Hodari, Convene’s Ryan Simonetti, and WeWork’s Annabelle Davis.

My thoughts? This year’s going to get bumpy for flex. Will this create opportunities for some operators? Abso-fudging-lutely.

Convene have acquired etc.venues, bringing in their 16 locations in NYC and the UK, bringing the total network size to 38 locations.

Convene’s Ryan Simonetti shares 5 predictions for the future of work, including WFH becoming WNH, workspaces becoming meeting spaces, increased demand for flex, halving of required space (with double the experience) and ‘finally’ some consolidation.

Congrats to Ryan Simonetti and the whole Convene team.