Get future weekly summaries in your inbox.
Coworking news & views.
🤑 Reminding office landlords about cash-flow driving amentities #
Katharine Lau reminds commercial landlords about how some amenities can drive new cash flows.
Although they mention Stuf (a self-storage service), I do believe that under the right deal terms, coworking and other managed flex services from you awesome folks can fit into this opportunity for landlords assessing new revenue options.
👉 Read this.
📺 Flex workspaces on the telly? #
We saw Freddie Fforde on Sky News int he UK sharing how Patch are rejuvenating empty high street spots, and creating workspaces that everyone can enjoy, especially outside of big cities.
Accessible remote workspaces on national television? Yes please.
👉 Read this.
🤣 What if coworking was udderly accessible? #
Ryan Anderson shares a humorous coworking cartoon by Brooke Bourgeois.
We’re lucky Brooke’s phone didn’t autocorrect to say "cowering space"!
👉 Read this.
🛫 Are airports the perfect coworking place (for some)? #
Business Traveler looks into the growing trend of remote workers holding meetings on the go from newly designed terminals and lounges. They note that the number of flex workspaces within airports has grown 100% year-on-year since 2021 (via CoworkIntel), that Jabbrbox is growing, and that the operator of Priority Pass shared that "working space to plug in and focus" was one of the top choices of what travelers are willing to pay for.
Just like retail bringing in flex workspaces, increased footfall that hangs out for a little longer can mean big spikes in long-term revenues of surrounding retailers, and therefor chargeable rents. Makes sense to me.
👉 Read this.
🗽 Did coworking delay NYCs office space reckoning? #
Andrew Lim, director of New York research for JLL shares that coworking firms filled up space on the lower end of the quality spectrum, almost perfectly covering the gaps from pre-pandemic flights to quality.
Fascinating to see, or be reminded, that in 2018 WeWork took on 7 more locations covering nearly 360k sqft bringing their total to 5.3M sqft. Spaces also took on 244k sqft in the city that year, whilst Knotel took on an additional 62k to reach 1.7M sqft.
👉 Read this.
Share This Week's Summary
💻 Coworking technology.
🤓 Data-syncing co adds ongoing problem-solving support #
Robert Kropp introduced Syncaroo Platform – a bundle of data-syncing tech, time-saving tools, monthly problem-solving calls and ongoing industry insights in the form of exclusive ask-us-anything sessions.
👉 Read this.
🤖 7 ways coworking spaces can leverage generative AI #
Helga Moreno shares 7 ways that coworking spaces can leverage generative AI (eg ChatGPT, Jasper, Adobe Firefly, etc) for marketing their space, and engaging with members. Examples range from descriptions, to artwork for social media, to event ideas, engaging feed posts and welcome emails.
👉 Read this.
👩⚖️ Industry leaders begin debating AI in the EU Parliament #
Maciej Markowski shares that debates have begun in the European Parliament to help make sure that the EU’s AI Act and Data Act supports, rather than hinders, innovation.
Given that the EU led the pack with GDPR for consumer privacy, this is one to watch.
👉 Read this.
Coworking data.
🇧🇬 Flex in Sofia sees 200% growth #
Krasimir Petrov shared on Bloomberg TV Bulgaria that shared offices in Sofia are expecting a 200% bump in demand with the influx of corporate clients.
👉 Read this.
😲 Only 14% of office renters don’t believe they’ll switch up strategies #
The Urban Land Institute and The Instant Group have released a report looking into the future of the office.
In it they share that (of the 285 office renters, landlords and advisors surveyed) only 14% of renters believed that their current "workspace portfolio aligns perfectly with their business objectives and strategies". They also highlight growing demand for shorted flex leases and pay-per-use services.
👉 Read this.
Coworking market moves.
🇦🇺 State Government’s central land and development agency appoints operator #
Brodie McCulloch shares that DevelopmentWA have appointed Spacecubed to manage and activate The Hub, Bentley Technology Park which includes space for meetings, conferences, coworking, green rooms and broadcasting equipment.
👉 Read this.
🎙 Coworking conversations.
Anthony Slumbers and Delia Visan discuss how to build ecosystems in the workplace and how human and machine-driven features can boost office on the Re.View Webinar series by Bright Spaces.
Phil Kirschner joins Rob Sadow to discuss how for many corporations the real estate function is increasingly reporting into HR, and how the key metrics for evaluating workspaces are evolving on the FlexPerspectives podcast.
Jamie Russo discusses how to calculate the ROI on attending industry events on the Everything Coworking podcast.
Ian Minor discusses using a background in hospitality to deliver coworking in hotels with Jamie and Giovanni on the Flex Uncensored podcast.
