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πŸ‡²πŸ‡Ύ Operator added 100k sqft of flex in Malaysia in 2024
Chris Edwards from The Flexi Group shares that group-member Common Ground have expanded their Expand πŸ‘‡ 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.
πŸ”‚ Platform adds recurring bookings
Workspace management platform zapfloor announced the addition of Recurring Bookings to their mobile Expand πŸ‘‡ app.
Focussed on supporting members who want the same desk, meeting room or office every Wednesday, it’s another great building block for operators looking to delve into Fractional Offices.
πŸͺ© Techspace (also) adds new venue event and gathering brand
UK based flexible workspace brand Techspace has launched Techspace Venues across London and Berlin. Expand πŸ‘‡ In addition to event venues, they will also be offering premium boardrooms, and plug-and-play production facilities.
Trend watch: We’ve seen multiple operators add meeting and event focused spaces to their offering. Check out the TWIC podcast for recent interviews with leaders at both Piloto 151 and Spacemade on the how and why they’re diving deep into event-based opportunities and revenues. We also heard from iQ Offices while compiling Undercurrents Ep1: Fractional Offices that this was a growing part of their part-time office business.
πŸ“ˆ Firms testing dynamically-priced fractional day-offices
Partnering together, Flowspace and Techspace are enabling users to book fractional offices by the Expand πŸ‘‡ day.
With pricing being dynamically set based on supply and demand, we’ll definitely be watching to see if this kind of offering takes off, or the duo expand into recurring fractional office models we’ve explore deeply before.
πŸ‡¬πŸ‡§ How a flex space platform is saving companies Β£45k per year
How? With Fractional Offices. Tushar Agarwal, shares that Hubble (who were one of the companies who Expand πŸ‘‡ shared insights with us when we investigated Fractional Offices for you all) are saving their customers an average of Β£45,000 (just under $60k) per year on unused office space. How how? Instead of renting for all 30ish days of the month, the companies are just renting space they need for 1, 2 or 3 days a week.
Fascinating to see an update on the number from them too, with over 1k part-time offices listed across London and one of their customers saving over Β£160k moving from 5 days a week to 3 days a week in trendy Soho.

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