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πŸ€” Is the future of coworking to move away from the ‘base’?
The always insightful Annie Draper shares how a future trend in CRE may be the incorporation of Expand πŸ‘‡ coworking-based elements (think community managers, amenities, programming, flexibility) into buildings in new and creative ways, creating new models and offerings.
πŸ—ž Week 38, 2023
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πŸ“° News & Views
⏱ 1 day ago.
πŸ•ΈοΈ Yardi Kube gets a new set of tools and integrations
Syncaroo shares that 1000+ locations using Yardi Kube can now activate time-saving tools, Expand πŸ‘‡ data-syncing integrations and more.
This brings the total number of management systems with access to Syncaroo tools like Assistant, Portal, Advantage and Widgets to 6, alongside spaces powered by andcards, cobot, Deskworks, Nexudus and officernd.
πŸ—ž Week 38, 2023
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πŸ’» Workspace Tech
⏱ 1 day ago.
🎯 Convo: Attract Perfect-Fit Members to Your Community

Sept 29: How do you attract perfect-fit members to your community? ​Let’s chat about it.

πŸ—ž Week 38, 2023
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πŸ“… Events
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Bernie J Mitchell introduces Alycia Levels-Moore and POLARIS, a community-centered coworking space Expand πŸ‘‡ nestled in Birmingham, AL in this Visionaries series episode of the Coworking Values Podcast.
πŸ—ž Week 38, 2023
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πŸŽ™ Discussions
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πŸ€– Platform pulls in AI suite to help operators… operate.
Nexudus share how they’ve sprinkled some clever bits of AI across 4 areas of their workspace Expand πŸ‘‡ management platform. From helping to project demand, to dynamic pricing, to improving members’ engagement. to mapping utilization of space and energy – they’re offering a growing set of interesting tools for sure.
Expect more and more of your apps to give you data-led tools. But keep in mind, any app or AI tool is just as good as the data you share (and should share).
πŸ—ž Week 38, 2023
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πŸ’» Workspace Tech
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πŸ†• North American network launches product offering with coworking partners
Preferred Office Network (PON) announced the launch of “Preferred Suites”, a new creative solution Expand πŸ‘‡ designed to satisfy the growing demand of corporate clients seeking larger footprints of space.
The offering combines traditional leases with management/support services and amenity access from PON’s partner space within the same building. It’s an interesting move in the landlord + coworking space for sure, I’m watching it closely for sure.
πŸ—ž Week 38, 2023
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🀝 Market Moves
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🀺 Is BGO’s MIMO a flex space play, or just rebranded spec suites?
Michael Abrams shares a fiery post about whether a new offering from BGO (an $83B asset manager with Expand πŸ‘‡ 28 offices) is an innovative move from a large landlord or just spec suites with a new set of descriptors.
Michael leans to the latter, and many of the comments agree. But Robert D. Naso, a managing partner at BGO, argues that their MIRO (Move In Ready Offices) is a larger play to offer flexible solutions for SMBs within and alongside their traditional offerings.
πŸ—ž Week 38, 2023
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🀝 Market Moves
⏱ 1 day ago.
πŸŽ‚ Bamboo turned 10!

Congrats to Amanda Lewan and whole Bamboo community!

πŸ—ž Week 38, 2023
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πŸŽ‰ Celebrations
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πŸ‡³πŸ‡± infinitSpace to create flexible workspaces in Amsterdam’s new Republica development
infinitSpace, a provider of white-label, tech-enabled flexible workspaces, has entered into a Expand πŸ‘‡ management agreement with landlord and real estate developers Banlieu BV to launch a 21.5k sqft flexible workspace location in Amsterdam’s new Republica development.
The flex space offering, under the ‘beyond’ brand, will be spread across 3 of the project’s 6 buildings which includes multifunctional office space, traditional office space, a hot, and 55 residential apartments.
πŸ—ž Week 38, 2023
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🀝 Market Moves
⏱ 1 day ago.
⬇️ How low-rise conversions could become great coworking spaces
Craig Baute shares a case study about how Broadway Collective launched in a two-story mid-century Expand πŸ‘‡ brick building, whose floor plan and overall look was guided by Denswap data.
I think we’ll be seeing more and more of these kinds of conversions in urban and rural markets, alongside more bank conversions and other Main Street flex space offerings.
πŸ—ž Week 38, 2023
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🀝 Market Moves
⏱ 1 day ago.
🌱 New index tracks the sustainability of flex space locations
The Instant Group have launched their “Sustainability Index”. The linked press release (behind a Expand πŸ‘‡ soft paywall) notes that over 3k workspaces are already included on the index, including 30 UK properties from Landmark who is one of the founding partners.
I like this idea, having supported a number of eco-focussed certifications and ratings over the years, and am watching to see if it’ll catch on. Now, because I know the Instant team read this… I do hope they take an open API approach to the results and rankings (if that’s a tech challenge, I know some creative data integrators who could hop in to help. Just saying).
πŸ—ž Week 38, 2023
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✊ Impact
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πŸ’° Workspace management app raises $13M
Ivan Cossu shares that deskbird (a platform for employees to book space and plan their hybrid Expand πŸ‘‡ schedules in 2 clicks) have closed a $13M funding round led by ALSTIN Capital and AVP (AXA Venture Partners).
I’m calling it, one of their next additions will be bookable 3rd party spaces from operators like you. I’ve been pretty on-the-money with these bets so far.
πŸ—ž Week 38, 2023
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πŸ’» Workspace Tech
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πŸ‡¦πŸ‡Ί Australian network adds podcast services to offering
Tobi Skovron shares how CreativeCubes are now offering podcast editing and other services to both Expand πŸ‘‡ their members and non-members. The service is in partnership with a local video and audio editing firm, and leverages existing meeting rooms across the network.
With the growing popularity of podcasting, many spaces have invested into providing podcast studio or recording space, but few have really dug into offering services around that.
πŸ—ž Week 38, 2023
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πŸ“° News & Views
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πŸ‡¦πŸ‡Ί Demand in APAC up 16%, but supply only up 3%
Bobby Sodeiri shares the key findings of the Instant 2023 APAC Flex Market Review.
Compared to the Expand πŸ‘‡ second half of 2022, demand is up 16% with supply growing slower at just 3%. Interestingly 42% of requests through the platform in the region are for 25+ desk requirements and the most searched for amenity is 24-hour access.
πŸ—ž Week 38, 2023
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πŸ“ˆ Data
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🌍 European flex space take-up drops since H1
Kim Hogan shares data from Savills and Workthere that notes that “European flex office take-up Expand πŸ‘‡ accounted for 4% of total office take-up in H1 2023, down from the 8% peak recorded during 2019 and from the 7% level recorded in H1 2022.”
The slower take-up (ie how much of office space was taken by flex space providers) wasn’t attributed to a slow in demand for flex space, but instead noted limitations on the availability of good quality space, more management agreements vs traditional leases, and aiming for higher occupancy first as the main dragnets on growth.
πŸ—ž Week 38, 2023
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πŸ“ˆ Data
⏱ 1 day ago.

Freddie Fforde dives into why and how they’re building Patch with Iyas AlQasem on the Karmic Expand πŸ‘‡ Capitalist podcast.
πŸ—ž Week 38, 2023
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πŸŽ™ Discussions
⏱ 1 day ago.
πŸ‡ΊπŸ‡Έ Where is remote work thriving, or dwindling, across the US?
Axios analyses new Census figures about who’s working from home, and who’s not.
Whilst 15% of the Expand πŸ‘‡ US worked from home in 2022, the numbers are higher in large metro areas and on both coasts. Boulder (CO) had the highest share at 32%, San Francisco and San Jose were both in the top 10, Austin (TX) was higher, and over 25% of the workforce in Washington D.C. area was remote. Mississippi led the other side with just 5.5% working remotely.
Threat or opportunity? Did you hear the one about the two travelling shoe makers who stumbled upon a barefoot village? No? Reply and let me know.
πŸ—ž Week 38, 2023
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πŸ“ˆ Data
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🎨 Dubai-based space booking platform rebrands
Letswork, who bill themselves as ‘a subscription platform and marketplace for places to work, meet Expand πŸ‘‡ and create, on-demand’ (and who I’ve covered before) have rolled out a rebrand and new app as they aim to scale globally.
πŸ—ž Week 38, 2023
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πŸ’» Workspace Tech
⏱ 1 day ago.
πŸŒ“ Average UK lease length now half of what it was in 2002.
Matthew Blair highlights just how significant the drop in lease length in the UK has been since Expand πŸ‘‡ 2002, and why more and more landlords are ramping up their flex offerings through management agreements, partnerships, in-house brands and more.
πŸ—ž Week 38, 2023
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πŸ“ˆ Data
⏱ 1 day ago.

Ebbie Wisecarver (Head of Global Design & Development at WeWork) & Melanie Jones chat about Expand πŸ‘‡ design, sustainability, and flexibility along with the Furniture-as-a-Service model on the CORT Workplace Talks podcast.
πŸ—ž Week 38, 2023
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πŸŽ™ Discussions
⏱ 0 days ago.

About TWIC

ThisWeekInCoworking.comΒ (TWIC) is a weekly newsletter summarizing the coworking celebrations, stories, market moves, tech updates and discussions you may have missed.

Newsletters are curated byΒ Hector KolonasΒ and made available for free via email or this website.

Recent Summaries

Week 38, 2023

This week we explore coworking ‘elements’ in CRE, offering podcast support, what hotels are missing about flex workspace, a new sustainability index, low-rise conversion, airport workspace competition and more.Β 

πŸ‘‰ Read this.

Week 35, 2023

This week we explore 20 steps to build great communities, an operator’s warning to landlords, an open-letter to WeWork, the US gov’s own coworking network, residential coworking in Germany, the growth of ‘alternative flex’, and more.

πŸ‘‰ Read this.

Week 34, 2023

This week we explore the only currency that matters, famous takeovers, terrible terms, corporate positioning, B-corps as secret weapons, a 65% drop in demand, and more.

πŸ‘‰ Read this.

Week 33, 2023

34 things you may have missed including flex space forecasting, how Dropbox leverages coworking, valuation techniques, childcare, phoenix moments, reinventing CRE, and predictions from 2016 and more.

πŸ‘‰ Read this.

Week 32, 2023

This week was a rollercoaster with shaky news from WeWork, record results from IWG, a global celebration of coworking, IKEA entering the sector, guides for starting spaces and picking tech, more market moves than you can shake a stick at and more!

πŸ‘‰ Read this.

Week 31, 2023

This week we look at a 15% avg price increase in UK, supporting caregivers, work clubs, marketing mailboxes, new-ish GBP rules, addressing the AI elephant in our boardrooms, JLL’s AI engine and more.

πŸ‘‰ Read this.

Week 30, 2023

This week’s summaries include a 10% bump in US coworking supply to 6,000+ locations, Barbie, childcare and coworking, Malaga sitting at 92% capacity and more.

πŸ‘‰ Read this.

Week 29, 2023

This week we explore how weak office markets are squeezing flex spaces, how to re-warm leads, pros/cons of coworking from 2017, that viral AI-salesperson video, a furniture-rental acquisition, and more.

πŸ‘‰ Read this.