ThisWeekInCoworking.com

Week 25, 2021

This week (and last) we saw 5 celebrations, 10 stories, 6 tech updates, 4 market moves and 4 podcast discussions. Here's what you may have missed This Week In Coworking...
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๐ŸŽ‰ Coworking celebrations.

๐ŸŽ‚ Candy Factory‘s coworking journey started 11 years ago.

๐ŸŽ‚ Spacecubed turned 9, Perch Coworking turned 7 and ProjectY Cowork turned 5!

๐Ÿ†• tuesday coworking announced a new space in Wilmersdorf

๐Ÿ“ฐ Coworking updates.

๐Ÿ“ Can content generate coworking leads?

Cat Johnson shares 5 insights into how content marketing can help coworking spaces generate leads, and the only ‘catch’ with it.

๐Ÿ‘‰ Read this

๐Ÿฌ Coworking + Apartment buildings?

The New York Times shares the growing trend of apartment buildings bringing flexible workspaces into their offerings as a tenant common area amenity.

๐Ÿ‘‰ Read this

๐Ÿ’ณ Amex adds complimentary coworking access.

TPG shares an overview of how Amex card holders can grab a 60-day complimentary trial of ONDA, which allows members to use coworking spaces and membership clubs in their network up to 3 times a year.

Given the economic activity generated by folks going into offices, we expect to see even more card providers looking for interesting ways to partner with flex workspace providers.

๐Ÿ‘‰ Read this

๐Ÿ˜“ Should landlords manage, lease or partner for flex offerings?

Kyle Hagerty shares a piece in propmodo about the challenges for landlords regarding setting up and running flex workspace offerings. It’s a great insight into the benefits of working alongside established and experience operators, even if it’s at a lower portion of the total revenue.

๐Ÿ‘‰ Read this

๐ŸŽ’ Ex-WeWork execs launching network ‘work spots’.

In this press release a team of former WeWork execs announce Daybase whose “new model for the hybrid workplace centers on building out a network of professional-grade, on-demand work spots, built close to home in neighborhoods and local communities across the country.”

๐Ÿ‘‰ Read this

๐Ÿ“ˆ WeWork occupancy back at 53% with positive retention rate.

Not only is WeWork reporting that their occupancy rate is returning to pre-pandemic times, they’ve also reported that they’re signing up new members faster than existing members are leaving (ie having a positive retention rate %).

Given that these increases are attributed to external trends, a boost in their numbers can also indicate a bump in occupancy and retention of other local and global operators.

๐Ÿ‘‰ Read this

๐Ÿ’™ A Q&A on coworking for good.

Combining her passions of community building, workspace design and impact, Amy King is on the leading edge of coworking and the future of work with Good Coworking in Dallas.

๐Ÿ‘‰ Read this

๐Ÿƒ On bridging the sustainability gap in CRE.

Written interview with Alex Edds, Director of Innovation at JLL by Melanie Jones a Furniture-as-a-Service activist at CORT. They discuss bridging the sustainability gap between environmental, social and governance.

๐Ÿ‘‰ Read this

๐Ÿค” What is the European Coworking Assembly?

Ever since I started working with (read: getting support from) the European Coworking Assembly, I’ve frequently been asked what exactly it is. In this blog post Jeannine van der Linden shares a concise overview of an organization that’s driving impact into a variety aspects of coworking across the European continent.

๐Ÿ‘‰ Read this

๐Ÿ’ฐ Hybrid space implementation may save a biz 66% over 8 years.

According to a piece in Globe St. on what’s next for flex with Beth Moore and Will Burchfield, Colliers International has helped an enterprise company save approx. 66% over 8 years by implementing a hybrid strategy that comprised of both hub-and-spoke and on-demand space access.

๐Ÿ‘‰ Read this

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๐Ÿ’ป Coworking technology.

๐Ÿ‡ฎ๐Ÿ‡ณ Upflex aims for 1000 Indian locations through partnership

Upflex has announced a partnership with ANAROCK for their Indian expansion. Together the companies will work with commercial space developers, landlords, corporates, and real estate brokerages to grow Upflexโ€™s footprint to an estimated 1,000 locations across India in the next 12 months

๐Ÿ‘‰ Read this

๐Ÿค“ 3 ways tech will differentiate flex space providers

In this recap of OfficeRnD‘s recent FlexForward session Ben Munn, of JLL, shares three ways that technology can help give flex space operators a competitive advantage as compared to the traditional office sector.

“Volume of inquires, volume of customer engagements, volume of touchpoint โ€“ whether thats requesting services, booking a space, choosing what and why and when I buy. These touchpoint are in the thousands on a daily basis for flex operators, as opposed to traditional lease management when the operator traditionally takes a back seat.”

๐Ÿ‘‰ Read this

๐Ÿ‘จโ€๐Ÿ’ผ andcards adds visitor management offering

The andcards team announced a fully integrated visitor management implementation allowing for quick check ins and outs of guests.

๐Ÿ‘‰ Read this

๐Ÿ“ฒ Deskpass expands to St. Louis

Deskpass has announced a new city launch with 9 new locations added to their desk booking app in St. Louis, MO.

๐Ÿ‘‰ Read this

๐Ÿ›ซ Corporate travel management co. adds workspace bookings.

Reed & Mackay adds direct meeting booking capability via white-labelled Meetingsbooker solution

๐Ÿ‘‰ Read this

โ˜๏ธ What are the most important technologies in proptech?

Oxford Future of Real Estate Initiative (through a partnership with Crunchbase and Unissu) shared a report identifying the key technologies in the network of PropTech business applications.

๐Ÿ‘‰ Read this

๐Ÿค Coworking market moves.

๐Ÿ‡ฌ๐Ÿ‡ง Google closing London Campus

One of London’s early startup ecosystem hubs is closing as Google focusses on other ways they can support the regions startups. “Our work at Google for Startups has never been about the building, itโ€™s always been about *what* weโ€™re building.”

The thread also highlights the immense impact this hub had on local entrepreneurship with members raising $1.8B+, creating 11k+ jobs, hosted 1k+ events all whilst training 27k+ founders.

๐Ÿ‘‰ Read this

๐Ÿ‘‘ Dreamplex becoming largest flex space provider in Vietnam

Daan van Rossum shares a post on LinkedIn on his thoughts that flex spaces together can revolutionize how workspace is found, access and utilized. But what caught my attention is that whilst WeWork is closing 6.8k sqm in the region, Dreamplex is adding 18k sqm to their local footprint.

๐Ÿ‘‰ Read this

๐Ÿ’ฐ MetaProp closes $100M proptech fund.

MetaProp, the New York-based PropTech venture capital firm, today announced the closing of its latest real estate technology seed fund. The oversubscribed $100 million fund is more than 2.5x the size of MetaProp’s second fund, which closed at $40 million in 2018.

๐Ÿ‘‰ Read this

๐Ÿงพ Yardi aquires Bristol-based proptech developer Forge

Yardi has announced the acquisition of Forge, a Bristol, UK based software company that specializes in visitor management and smart access control for real estate assets including, office, retail, industrial, flexible workspace and the education sector.

๐Ÿ‘‰ Read this

๐ŸŽ™ Coworking conversations.

Angie O’Grady and Liz Elam talk about becoming a maven in recruiting for the coworking/flexible workspace industry.ย 

๐ŸŽง Listen to this.

Jamie Russo and Taylor Masonย chat about the value of content marketing for coworking spaces.

๐ŸŽง Listen to this.

Bernie Mitchell chats with Tash Thomas about what Pride means to the coworking community.

๐ŸŽง Listen to this.

Kate Bally discusses the quickly changing legal landscape around a post-pandemic return to the office and what employers can do as they and their employees navigate this dynamic world.

๐ŸŽง Listen to this.

๐Ÿ“† Coworking events.

Discover or share coworking events here.

๐Ÿ’ผ Coworking jobs.

Find or post coworking jobs here.

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.

Newsletters are curated by Hector Kolonas and made available for free via email or this website.

Other Summaries.

Week 20, 2022

This week we saw a grocer + coworking partnership, AI-driven dynamic pricing, airport lounges added to a booking platform, a P3 hub launch, data on average hotdesk pricing, more cross-Atlantic market moves, and more.

๐Ÿ‘‰ Read this.

Week 19, 2022

This week we explore writing down ideas, see coworking stories from London, Canada, Madrid and insights from Australia, as well as look into mail management, state of flex data syncing, e-scooters, what’s happening with those 800 closed locations and more.

๐Ÿ‘‰ Read this.

Week 18, 2022

This week we explore subtext to Airbnb’s announcement, airline miles from workspace bookings, a billion-dollar takeover, 5 million steps for charity, a mega franchise merger and growth in flex demand and supply across US, Canada and the UK.

๐Ÿ‘‰ Read this.

Week 17, 2022

This week we explore 2 coworking opportunities in appliances & hygiene products, a 300% increase in demand, more M&A, tips for coworking tours, and flex arbitrage.

๐Ÿ‘‰ Read this.

Week 16, 2022

An 8.7% dip in local footprint, a US franchise spin out their software, a new academic study, explore ad spend arbitrage and a space partnership aiming for 500 locations.

๐Ÿ‘‰ Read this.

Week 15, 2022

This week we explore if buildings can have souls, the office sector’s cataclysmic change, if architects suck at designing coworking spaces, see WeWork + Yardi partner up, see US flex demand soar up by 58%, a strategic investment tying up SaksWorks + Convene, a $30M investment into coworking in Tier II cities in India, and a prop dev in London doubling down on flex. And more.ย 

๐Ÿ‘‰ Read this.

Week 14, 2022

This week we explored small-town coworking in Canada, crowdfunding to expand, a ยฃ1.4B drop in UK flex space, 2 more platform acquisitions, underdog city expansions and more.

๐Ÿ‘‰ Read this.

Week 13, 2022

This week we see ยฃ5k grants for Welsh venues, a trillion dollar tactic become a strategy, a public UK retailer possibly saving millions by shifting to coworking, a proptech coworking space in Germany, a new way to support Ukrainian spaces, a rapid new workspace tech integration and more.

๐Ÿ‘‰ Read this.

Week 12, 2022

This week we see ยฃ1M going to help set up coworking spaces, NFTs, platforms supporting spaces within Ukraine, why we’re still seeing more booking platforms, rewriting the future for women forced out of workย  and more.

๐Ÿ‘‰ Read this.