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Coworking

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🤝 WOTSO targets 100 locations
WOTSO CEO Jessie Glew told the company’s annual general meeting that capital-light partnerships with Expand 👇 landlords will drive the ASX-listed coworking operator’s growth, with landlords now funding fitouts while structuring agreements around turnover. WOTSO recently opened its first Sydney CBD location in partnership with Stockland, with more deals with major landlords expected, and aims to have 40 locations operating or in fitout by end of FY26 while targeting 100 locations across Australia and New Zealand.
The company currently operates a $300M portfolio of 17 commercial buildings, most with WOTSO locations onsite, and is focused on growing its network and increasing revenue per location in FY26. Glew noted landlords increasingly view coworking as a required amenity alongside gyms, cafés, and childcare rather than competition.
🗞 Week 46, 2025
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⏱ 204 days ago.
📈 Do these new metrics prove flex can deliver predictable revenue?
Industry analysis contends flexible workspace offers more predictable revenue than traditional Expand 👇 long-term leases through six measurable drivers: lead flow, conversion rates, time to close, deal values, agreement terms, and churn rates. Allwork.Space published data showing that office vacancy reached 19.8% in 2024 while sublease availability nearly doubled since the pandemic, undermining traditional lease stability assumptions. The global flexible office market is forecast to grow from $39.6B in 2024 to $136B by 2032 at 17% annual growth.
The piece compares flex workspace to hotels and gyms as operating asset classes that deliver predictable returns through performance metrics rather than long-term contracts, though notes industry fragmentation limits capital market adoption with only one publicly traded operator providing consistent reporting.
🗞 Week 45, 2025
🔗 Direct Link
📈 Data
⏱ 211 days ago.
💚 How coworking helps employers solve employees wellbeing challenges
Mindspace shared their Employee Wellbeing Insights 2023 report. Their survey of 2000 employed office Expand 👇 workers across 7 countries uncovered a mental health crisis, and highlighted what employers can do about it.
The top way to improve employee wellbeing? 35% says flexible work options. Other ways coworking brands could help? Healthy eating options, offsites and on-site gyms.
🗞 Week 39, 2023
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📈 Data
⏱ 981 days ago.

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