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🇻🇳 Flexi adds another Hive in Thu Duc City
The Flexi Group partnered with Megafarm JSC to take over and rebrand the former MicroSpace site in Expand 👇 Ho Chi Minh City, Vietnam, as the Hive Rivermark.
Opening May 1, 2026, the 800 sqm workspace in Thu Duc City will accommodate 230+ members and become the Hive’s fourth location in Vietnam.
🗞 Week 18, 2026
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🤝 Market Moves
⏱ 57 days ago.
🌎 Vast reports strong performance and continued expansion in 2025
Vast, closed 2025 with strong year-over-year performance across systemwide sales, membership growth, Expand 👇 franchise development, and international expansion. Venture X reported an 11% increase in annual revenue, while Office Evolution reported a 13% increase. Venture X grew its global membership base by 67%, Office Evolution by 50%, and Intelligent Office surpassed 4,800 members across its locations and virtual service channels.
ICYMI: I chatted with Jason Anderson, the group’s CEO, about their recent move to spin out of UFG.
🗞 Week 12, 2026
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📈 Data
⏱ 98 days ago.
😳 Vast Coworking Group acquired by PE firm
Vast Coworking Group has been acquired by private equity firm New State Capital Partners as a Expand 👇 carve-out from United Franchise Group. This deal marks a strategic move by Vast co-founder and CEO Jason Anderson as demand for flexible workspace continues to rapidly evolve and grow.
At time of acquisition Vast – which is one of the world’s largest coworking networks and comprised of leading concepts Venture X, Office Evolution, and Intelligent Office – leverages a franchise model. It has over 200 locations and spans approx. 2.7 million square feet, serving roughly 70,000 members worldwide.
🗞 Week 10, 2026
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🤝 Market Moves
⏱ 113 days ago.
🇦🇺 Australia’s peak body announces board change
Flexible Workspace Australia have announced that James Bingham and Kate Hasbani are stepping off the Expand 👇 representative body’s board, and that Jamie Vine (Liberty Flexible Workspace) and Daniel Tyson-Jones (The Instant Group) are stepping in.
🗞 Week 50, 2025
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📰 News & Views
⏱ 196 days ago.
🏆 Coworking brands climb Franchise Times rankings
All three Vast Coworking franchise brands improved positions in the Franchise Times Top 400 ranking Expand 👇 for 2025. Office Evolution ranked 436 (up from 457 in 2024), Venture X reached 402 (up from 464 in 2024), and Intelligent Office entered the list at 489 as a new addition this year.
The rankings reflect growth momentum across the groups portfolio and demand for flexible workspaces (and entering the market) continues growing.
🗞 Week 45, 2025
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🎉 Celebrations
⏱ 231 days ago.

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