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🇦🇺 Operator launches second health club
Angelique Musico shares that The Commons have launched their second health club (this time in South Expand 👇 Yarra, Australia) in under six months.
What’s this got to do with coworking? Well, we’re following a trend of gyms opening coworking spaces AND coworking spaces opening health/wellness/gym clubs.
Angelique Musico shares that The Commons have launched their second health club (this time in South Expand 👇 Yarra, Australia) in under six months.
What’s this got to do with coworking? Well, we’re following a trend of gyms opening coworking spaces AND coworking spaces opening health/wellness/gym clubs.
🐣 Blackstone invests in child-friendly members’ club
The Times covers how Blackstone are investing £100M into OurHouse, which runs members’ club for Expand 👇 families in London.
Founded by Charlie Gardiner in 2022 to create an alternative to pricey playdates and freezing playgrounds, they’re now expanding across London, with new Houses in East Sheen, Clapham and Chiswick.
James Seppala, head of European real estate at Blackstone, told the Times: “We got so excited by the business because it offers this incredible and relatively affordable combination of things that everyone wants — gyms, fitness classes, co-working (sic) spaces, food and beverage, childcare facilities.”
The Times covers how Blackstone are investing £100M into OurHouse, which runs members’ club for Expand 👇 families in London.
Founded by Charlie Gardiner in 2022 to create an alternative to pricey playdates and freezing playgrounds, they’re now expanding across London, with new Houses in East Sheen, Clapham and Chiswick.
James Seppala, head of European real estate at Blackstone, told the Times: “We got so excited by the business because it offers this incredible and relatively affordable combination of things that everyone wants — gyms, fitness classes, co-working (sic) spaces, food and beverage, childcare facilities.”
🤝 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.
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.
📈 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.
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.
💰 Why are capital markets slowing the office reset?
Flex isn’t new. It’s not experimental. It’s been around since the 1960s. And the data is clear: Expand 👇 Behavior is consistent. Performance is predictable. With defined agreement terms and measured churn, shorter-term contracts can produce long-term stability.
Hotels and gyms already cracked the code. They’ve built predictable, financeable income models around flexibility — proving that stability isn’t about term length, it’s about performance consistency.
So why do capital markets still treat flexible workspace like a risk? The data exists. The demand exists.
What’s missing is a model lenders can trust — a framework that translates proven operating performance into predictable, underwritable income.
Until that happens, the office reset will remain stuck on the balance sheet. Any ideas to drive faster change? Hit reply.
Flex isn’t new. It’s not experimental. It’s been around since the 1960s. And the data is clear: Expand 👇 Behavior is consistent. Performance is predictable. With defined agreement terms and measured churn, shorter-term contracts can produce long-term stability.
Hotels and gyms already cracked the code. They’ve built predictable, financeable income models around flexibility — proving that stability isn’t about term length, it’s about performance consistency.
So why do capital markets still treat flexible workspace like a risk? The data exists. The demand exists.
What’s missing is a model lenders can trust — a framework that translates proven operating performance into predictable, underwritable income.
Until that happens, the office reset will remain stuck on the balance sheet. Any ideas to drive faster change? Hit reply.
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