The Flexi Group celebrated two significant achievements on March 1st: Common Ground‘s 8th anniversary and the opening of a new location for The Hive in Hong Kong.

Since launching in 2017, Common Ground has expanded across three countries, serving thousands of members from startups to Fortune 500 companies with occupancy reaching 95% within six months of opening their first location.

Simultaneously, The Hive is growing its Hong Kong presence with a new 30k square foot Causeway Bay location spread across six floors, marking their ninth space in the city and contributing to The Flexi Group’s network that now spans eight countries and eleven cities.

Samantha Wordsworth shares that The Flexi Group have partnered with landlord V Point to add a further 30,000 sqft of flex workspaces in Causeway Bay.

Chris Edwards from The Flexi Group shares that group-member Common Ground have expanded their portfolio in Malaysia by approx. 100k sqft in 2024. About half of the expansion comes through their Enterprise Solutions products, where the firm manages space on behalf of multinational companies across Malaysia.

ICYMI #1: Chris shared notes about this product in the first edition of Undercurrents on Fractional Offices. ICYMI #2: The Flexi Group operates 45+ locations across 11 cities in the APAC region.

Samantha Wordsworth shares that the Hive (part of The Flexi Group) are expanding with a new location in the Po Hing Fong area of Hong Kong.

The expansion comes through a take over of a former WeWork location, which is a growing trend as office landlords look to fill some of the 500+ fully-built coworking spaces that are sitting empty with no operator.

Seem the list of industry experts who openly shared their insights, warnings, pro-tips and lessons learned in our first 3,800+ word Undercurrent deep-dive?

They are: Antonette Benting from Workshop17, Kane Willmott from iQ Offices, Chris Edwards from The Flexi Group, Jerome Chang from BLANKSPACES, Justin Raymond from Flexday, Danielle Schindler from Engel & Völkers Work Edition, Jon Dweck from Space32, Amina Moreau from radious, Henry Burn from Hubble, Jocelyn Vincent from Landmark and Rafi Sands from Tandem. With thanks to Anne Olsen from The Shop Workspace and Kerry Charlick from Think Tank Cowork for helping with the proof reading

The first edition lands exclusively in the inboxes of TWIC email subscribers on Monday June 17th 2024. And the trend? Fractional Offices – friend or foe for coworking spaces?