ThisWeekIn Coworking

Week 10, 2021

Another huge co signs up for flex workspace access, what landlords think of flex, a local partnership for affordable workspace and more updates you may have missed this week.

๐ŸŽ‰ Coworking celebrations.

๐Ÿด๓ ง๓ ข๓ ณ๓ ฃ๓ ด๓ ฟ Scotland’s first coworking space reopens in a new home.ย 

In a great big reveal via Facebook live video, Claire Carpenter shared that The Melting Pot (who closed their doors in March) would be reopening at a new location, with new partners.ย 

๐Ÿ‘‰ Celebrate this.

๐Ÿ“ฐ Coworking updates.

๐ŸŒ Japanese telecoms co. grabs workspace access for 300k staff.

Nippon Telegraph & Telephoneย group have signed a deal with IWG to get 300,000 global employees access to any of the networks’ spaces.

This is part of a burning hot trend, with stories covering new multi-national brands signing deals to give members access to spaces nearby. What’s interesting is the split between who is picking to go with wholly owned networks, and who is opting for networks including independent operators often in suburban or smaller urban hubs.ย 

๐Ÿ‘‰ Read this.

๐Ÿ“ˆ 29% of landlords surveyed would like their own flex workspace brand.

Steven Lang of Savills shared the results of their survey of landlords who were collectively holding 4,000+ properties in late 2020.

It’s notable that 75% of landlords expected tenants to ask for more flex terms. It’s also expected that all larger buildings will have a flex offering as a standard, and that most spaces would be via partnerships under management agreements.

However it is noted that over the next few years landlords are expected to begin building their own flex brands.

๐Ÿ‘‰ Read this.

๐Ÿ’ช Local council announces affordable workspace partnership.

Islington Council has announced a partnership with City, University of London to create ‘Better Space‘ a more inclusive local economy as part of their ground-breaking Affordable Workspace Strategy.

Spaces in the 6,000 sqft hub will be made available at below market rents in the prime location that also hosts LinkedIn’s UK HQ.

๐Ÿ‘‰ Read this.

๐Ÿ˜ฎ 59% of office-less business say they won’t look for any in 2021.

Clutch, a B2B research firm, shared that more than half of small businesses without offices were not planning to acquire or lease any real estate in 2021 citing financial benefits and improved employee satisfaction.

What’s interesting is that they also state that just 1 in 10 (ie 10%) of the 500 small businesses surveyed have contracts with coworking spaces. Talk about a huge opportunity.

๐Ÿ‘‰ Read this.

๐Ÿค Thoughts on the collabs needed to create truly flex office solutions.

Melanie Jones from CORT Workplace shared a long-form piece in Propmodo on the collaborations happening behind the scenes to make flex offices work.

The piece features points from folks like Casey Myhre (FastOffice), Vik Aggarwal (Flexibli), Anthony Slumbers,ย  Bryan Koop and Sydney Rodenstein (both Boston Properties), Caleb Parker (Bold/Newflex), Liz Elam (GCUC), Charlie Morris (Avison Young), John Williams (The Instant Group) and Addie Ludwig (Cawley Partners).

๐Ÿ‘‰ Read this.

Share This Week's Summary

๐Ÿ’ป Coworking technology.

Styleworkย a coworking aggregator platform in India announced Rs 4 crore ($550k) in funding, with Sparsh Khandelwal noting that the round is timely to help them leverage the rise in flex and hybrid workspace demand.

๐Ÿ‘‰ Read this.

VTS (a commercial real estate CRM platform) acquired property management system and tenant experience startup Rise Buildings for approx. $100M.

๐Ÿ‘‰ Read this.

๐ŸŽ™ Coworking conversations.

Bernie Mitchell chats with two sharing economy veterans, Albert Caรฑigueral Bagรณ and Vanessa Sans, about what the future of coworking could look like.

๐ŸŽง Listen to this.

Jamie Russo and Mike Abrams do a lightning round on on the myths and facts around management agreements.

๐ŸŽง Listen to this.

Alex Ahom and Bernie Mitchell chat all about how businesses (including coworking spaces) can be more inclusive and diverse. ย 

๐ŸŽง Listen to this.

ย 

๐Ÿ“† Coworking events.

17 Mar: “Create a newsletter your members will love” coaching session.ย 

๐Ÿ‘‰ RSVP to this.

26 Mar: “How to attract (and keep) a great community manager” Coworking Convo.

๐Ÿ‘‰ RSVP to this.

15 Apr: “Coworking Symposium” joint scholarly & industry half-day conf. on coworking & flex workspaces.

๐Ÿ‘‰ RSVP to this.

๐ŸŽŸ Coworking perks.

5% saving on the smart package and mail management system from PackageX.

๐Ÿ‘‰ Grab this.

10% off with a 5-year discount on award-winning digital signage software from enplug.

๐Ÿ‘‰ Grab this.

๐Ÿ™ Thanks.

ThisWeekInCoworking.com is made possible thanks to all the communities who’ve upgraded their member perks with included Premium.

Thank you!

About This.

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

Jump to section

๐Ÿ’ซ Who's hiring?

(๐Ÿ‡ฌ๐Ÿ‡ง) Patch are hiring a Community and Member in Bournemouth, UK

๐Ÿ‘‰ See Info

(๐Ÿ‡ฌ๐Ÿ‡ง) Patch are hiring a Community & Events Executive in Bournemouth, UK

๐Ÿ‘‰ See Info

(๐Ÿ‡ฌ๐Ÿ‡ง) Clockwise Offices are hiring a Community Coordinator in Leeds, UK

๐Ÿ‘‰ See Info

Share This.

Share on LinkedIn
Tweet this summary
Share via email
Share on Facebook
Send via WhatsApp
Share on Telegram

Other Summaries.

Week 24, 2024

This week we meet WeWork’s new leadership, the impact of coworking scholarships, the first Undercurrents trend, a coworking secret, hyper-targeted content, survey data from Spain, revenue numbers from Romania and more.

๐Ÿ‘‰ Read this.

Week 23, 2024

This week we explore Chicago’s $10M bet on coworking, Workbox’s big raise, going from CM to CEO, a dogs-eye tour, tennis, placemaking, who is making 70% of their profit from VOs, data from German and Spanish markets, summer promos and more.

๐Ÿ‘‰ Read this.

Week 22, 2024

This week we explore if 95% flex occupancy is too high, the operator who saw 86% revenue growth. brokerage red flags, a superb drone tour, 3 warnings for operators, micro gyms, some local SEO tips, 5 market moves and more.

๐Ÿ‘‰ Read this.

Week 21, 2024

Laptop squatters, rural coworking in South Africa, expanding into co-living, a sample SOP, a WIRED article on hyperlocal coworking, more fractional office moves, what’s Microsoft doing, and 18ish other things you may have missed This Week In Coworking.

๐Ÿ‘‰ Read this.