JAGA Workspaces, a Canberra-based coworking provider established in 2020, has announced its expansion with a new location in Sydney’s Surry Hills neighborhood. The expansion enables JAGA’s existing members to access both cities while maintaining their community connections, with the new space specifically designed to tap into Sydney’s diverse business ecosystem.

The company emphasizes that this Surry Hills location marks the first step in a broader expansion strategy aimed at building a nationwide network of collaborative workspaces.

Days after WeWork exited Chapter 11 proceedings in the US and Canada, it announced new leadership. John Santora (prev Cushman & Wakefield) takes the top job as CEO, while also introducing a new Board of Directors.

Who’s on the board? Well, from Yardi it’s Anant Yardi, Adnan Ahmad, Arnie Brier and Jason Yardi, alongside John Santora, Daniel Ehrmann (King Street) and Jagannath Iyer (Softbank).

Understandably Yardi-focussed, but surprising that there isn’t a single female board member, especially given the overwhelming number of women leading coworking and related businesses.

Craig Robinson shares the news that Industrious have expanded through acquisitions in both Europe and APAC markets.

The US-based firm acquired Great Room (with locations in Singapore, Bangkok & Hong Kong) and Welkin & Meraki (with locations in Paris, Brussels & the Netherlands).

The linked article also notes that CEO Jamie Hodari said that the firm aims to double its international presence, but was not considering raising further capital, "unless timing is right and capital markets are receptive".

Interestingly the Bloomberg report also mentions that their revenue run rate is $250M, and that revenues for the last quarter of ’21 were up 37% from the previous quarter, in comparison to WeWork‘s 9% increase over the same period.