This week, we explore landlords (and capital markets) betting on operators, happiness data, Spain's coworking revenue surpassing €427M, a $10M raise, more market moves than you can shake a stick at, and more.

TWIC sponsorship slots (like the one you’re reading now) work best when I get to introduce operators to vendors and solutions worth knowing about.

We’re down to just 7 remaining sponsorship weeks this year. Each one exclusively connects a single brand with the TWIC audience across email, LinkedIn, web (right here), games, audio, and video… not as one logo in a crowded block, but as a focused introduction to leaders who trust TWIC not to put bad brands in front of them.

If your brand should be in front of coworking leaders before the year ends, grab your favorite of the remaining weeks here.

Know a vendor other leaders should definitely know about? Please forward this page to them.

Get future weekly summaries in your inbox.

👏 Coworking impact

🚶 WOTSO teams walk for cancer research #

WOTSO brought teams across 30+ sites together for The Kids’ Cancer Project’s Better Challenge, a 90km walk or run to raise funds for childhood cancer research. Jessie Glew, CEO of WOTSO, says the event builds healthy habits and connects staff across locations.

Organizations can sign up for the September challenge to fund better treatments for kids with cancer.

👉 Read this.


💡 Coworking News & Views

☕️ Pop-up cafe activates office lobbies #

David Turnbull of Denizen has launched the ATworld Cafe, a modular 4x4m pop-up cafe concept that turns underused office building lobbies into staffed hospitality spaces offering coffee, food, and concierge services.

Developed for Aroundtown and ATworld / Snapdesks GmbH, the setup takes just 5 days to build and 2 days to install, and is already live across five German cities with Berlin coming soon. Partners La Marzocco, Andraschko Kaffeemanufaktur, dean&david Superfood GmbH, and heidis lovely food support the model, which prioritizes a friendly human presence over traditional facility management.

👉 Read this.

🗽 Why, in Brooklyn, a network beats one big office #

Sam Strauss-Malcolm of Work Heights explores why, for some city-dwellers, a network of seven Brooklyn neighborhood spaces often works better than one central office.

👉 Read this.

🏗️ Capital is now betting on operators #

Andrew Runnette shares insights from a Thesis Driven piece by Paul Stanton: "GP Studios" made up of ex-Blackstone and Starwood execs are backing niche operators with co-GP capital targeting 4 to 10x returns, with cowarehousing making the list.

The shift means the operating company itself is now the investment, not just the building. But the weak spot for operators is missing back-office infrastructure like SOPs and reporting systems, so building that layer now is key to winning capital.

👉 Read this.

📉 How to: spot virtual office churn early #

Alex Garza for Alliance Virtual Offices outlines five early warning signs of virtual office client churn, including mail activity drying up, no meeting room bookings in 90+ days, and sudden questions about cancellation terms.

As losing just five clients a quarter at $75/month costs a center about $4,500 a year in high-margin recurring revenue, centers can cut risk with strong onboarding, proactive mail alerts, quarterly check-ins, and meeting room trials.

👉 Read this.


⚙️ Coworking technology

🔧 Downtown Works deploys their own booking tool #

David Adato, COO/CTO at Downtown Works, built an in-house tool to find and book day offices across all locations using real-time availability. He developed the full stack himself after years of giving vendors feedback that went nowhere.

The product is now being tested, with more features planned beyond the booking engine.

👉 Read this.

💸 40 minutes to find £3.2m #

At GCUC UK in Manchester, Keke Patissier ran a live challenge where five teams used Koho Intel to analyze a complex multi-location coworking business in just 40 minutes with no prior training.

Each team found real growth opportunities, from recovering overdue debt to filling vacant inventory, with totals ranging from £350k to £3.2m. The takeaway: most businesses don’t have a data problem, they have a context problem, and when everyone sees the same revenue story, decisions get a lot easier.

👉 Read this.

💻 Checkout shows dynamic pricing breakdowns upfront #

Nexudus updated its Members Portal so customers can see how prices change based on demand, availability and booking time before checkout.

The goal is to stop surprise price changes and build trust when operators use dynamic pricing. Users can compare options and pick what works for them from the browsing stage.

Curious about Dynamic Pricing and coworking? Be sure to keep an eye out for our next Undercurrents edition exploring this topic with industry leaders.

👉 Read this.

💡 Coworking AI gets feisty… #

What happens when AI supports every stage of the member journey instead of just answering questions on your website?

"From first enquiry to bookings, member support and conversion tracking, here’s how we’re building a more consistent AI experience across every channel", says Adrian Palacios, co-founder and CTO at Nexudus.

👉 Read this.


📊 Coworking technology

📊 What 12 years of happiness data says #

Matt Phelan, co-founder of The Happiness Index, shared key findings from the Global Workplace Happiness Report 2026 at a Work.Life Leaders Circle session: 12 years and 250 million data points show the top driver of workplace happiness is relationships, not perks, and younger workers are less happy than prior generations mostly because of a lack of genuine human connection.

Leaders should focus on the conditions for happiness – psychological safety, real relationships, meaningful work – rather than chasing a score. Irrational Capital uses employee happiness as an investment signal and has been outperforming the S&P 500, showing the business case is no longer soft.

👉 Read this.

🇪🇸 Spain’s annual coworking revenue hits €427M #

A CoworkingSpain report estimates Spain’s coworking sector generates €427 million in annual revenue, with 70% coming from just 14 operators including IWG, Aticco and WeWork.

Szilvia Filep of Coworking Europe flags it as a rare industry-wide revenue snapshot for a national market. Hundreds of smaller providers share the remaining 30%.

👉 Read this.

🏢 81% of landlords to bet bigger on flex space #

Alan Pepper of Orega surveyed 500 UK landlords and found 81% plan to increase flexible workspace exposure in the next three years, with under 3% planning to cut back.

Landlords now see flex as a way to attract tenants and boost building revenue, not just fill empty floors. Alan mentions that many now prefer joint ventures with specialist operators over running flex in-house as the sector shifts toward execution and trust.

👉 Read this.

🏙️ 16,000+ workers share why campus ecosystems win #

Adam Morgan of Bureau points to JPMorgan, Pfizer, BlackRock, Google and Meta campuses as examples of the Urban Knowledge Campus trend highlighted by Harvard Business Review.

A Gensler 2026 survey of 16,000+ workers found 53% would reject a building without public transit access, 46% want wellness amenities and 43% want outdoor space. The neighborhood around a building is becoming as important as the building itself.

👉 Read this.

📍 Location tops office frustration list #

Jules Robertson of Tally Workspace polled people on what frustrates them about their office. Inconvenient location topped the list at 100%, followed by hard-to-take calls at 79% and coordinating with colleagues at 54%. Perks like free lunch (25%) and dog-friendly offices (17%) ranked lowest, suggesting location and basic call space matter more than perks for getting teams back in.

👉 Read this.


🤝 Coworking market moves

👔 Mark Dixon steps down at IWG #

Mark Dixon is stepping down as CEO of IWG after nearly 40 years at the helm of the workspace giant.

Christian Schmitz, formerly Chief Transformation Officer, will take over as CEO while Dixon moves to executive chair. Flex and The City reports the move marks a new era for International Workplace Group.

👉 Read this.

💰 Pacific Workplaces raising $10M in growth funding #

Laurent Dhollande is raising $10 million to expand Pacific Workplaces, focusing on coworking growth in the San Francisco Bay Area.

The operator points to 23 years of track record as it pitches the next chapter to investors. A recent investor webinar is available for those wanting more detail on the opportunity.

👉 Read this.

🇮🇳 DK Vertex launches AI-powered coworking offering #

Vertex Group launched DK Vertex, an AI-powered coworking network in India with 10,000+ seats across 7 locations in Delhi-NCR, Bengaluru, and Mumbai, backed by a ₹300 crore (~US$32.8M) investment. The firm bundles IT, payroll, hiring, analytics, content studios, and wellness into one service, replacing the hassle of managing multiple vendors.

Gagan Arora, Founder and President of Vertex Group, says 15 Fortune 500 companies already on board.

👉 Read this.

🚉 Detroit’s Michigan Central gets a coworking mezz #

Michigan Central just opened The Mezz, a 17,000-square-foot coworking space inside Michigan Central Station in Detroit. Memberships start at $300/month and include 24/7 access, conference rooms, quiet zones, and networking with VCs and universities. Current members include Grand Valley State University, Cummins, and General Dynamics, and the space was designed by Hannah-Neuman/Smith.

👉 Read this.

🇹🇭 The Great Room becomes Industrious in Bangkok #

Industrious is rebranding its two The Great Room locations in Bangkok (Gaysorn Tower and Park Silom) under the Industrious name starting July 1, 2026, completing an integration that began when Industrious acquired The Great Room in 2022.

The move connects Bangkok members to Industrious’s global network of 250+ locations across 80+ cities. Since CBRE fully acquired Industrious in 2025, the company has grown its portfolio by 58% and plans to open 60+ new locations in 2026.

👉 Read this.

🇺🇸 New coworking hub opens in Newark’s Ironbound #

J&L Cos. signed a lease with Da Silva Team for 11,386 sqft at Textile Lofts in Newark’s Ironbound, where Brendan Da Silva will run his brokerage HQ alongside Brick 142, a new coworking and social club.

The space includes 23 private offices, conference rooms, a podcast studio, and event space, and is already open for memberships. It’s three blocks from Newark Penn Station and aimed at entrepreneurs, creators, and professionals in the area.

👉 Read this.

💼 Canvas hires Kit Naidoo as FD #

Canvas Offices appointed Kit Naidoo as Finance Director, drawing on experience from the Big Four and the flexible workspace sector.

Flex and The City reports Yaron Rosenblum and William Tattersall leading the operator as Naidoo joins to drive financial performance.

👉 Read this.

🇦🇺 Waterman opens Williams Landing site #

Peter Tainsh of Waterman Workspaces opened the operator’s first Melbourne west location at Williams Landing inside a HomeCo centre, 20km from the CBD.

After opening seven workspaces last year, Waterman Workspaces is on track to match that in 2026, with fit-outs underway at Box Hill and a second CBD site at 525 Flinders Street. OTTO Construction Group built the Williams Landing space.

👉 Read this.

🏨 CBRE rolls out Experience by Industrious #

CBRE launched Experience by Industrious, a hospitality services offering for its 2,500+ managed buildings worldwide.

Brittany Hurley, now Managing Director of U.S. Client Solutions at CBRE, helped shape the product aimed at both investor and occupier clients. Anna Squires Levine will lead the new experience services line.

👉 Read this.

🇨🇿 WorkLounge adds four Prague floors #

Czech operator WorkLounge opened four fitted floors at its 9,000 sqm City Point Pankrác flagship in Prague over eight months, with three more due before year end.

The site is the operator’s largest, making up about 35% of its portfolio, and its new Executive Floor targets teams of 15 to 100 people. WorkLounge runs seven Prague locations totalling 25,450 sqm for roughly 1,200 members.

👉 Read this.

🌏 Jan Roskott launches FlexOFFICE #

Jan Roskott launched FlexOFFICE after Flexioffices ceased operations on 11 June, continuing independent workspace advisory across Australia, Singapore, Hong Kong, Japan and China.

The new venture covers serviced offices, coworking, managed offices and flexible workspace options across APAC.

👉 Read this.

🇺🇸 The Malin opening Astor Place location #

The Malin is opening a 19,400 sqft coworking space at 10 Astor Place in NYC in Spring 2027, adding to their SoHo and Flatiron locations.

The deal was led by Neith Stone and David Kaye at GFP Real Estate, who also asked The Malin to redesign the building lobby. Real estate broker John Mears at RUE represented them on the deal, continuing a relationship that spans New York, San Francisco, Boston, and Southern California.

👉 Read this.

🇬🇧 Mantle buys Cambridge ASC Building #

Mantle and TR Property Investment Trust paid £6.47 million for the 26,000 sq ft ASC Building in Cambridge, bought from the BMW Pension Fund.

Guy Baker of Mantle says the deal takes the operator to nine centres at the gateway to the 650-acre Cambridge Airport estate. George Gay of TR Property Investment Trust sees secure income now plus future scope to reposition the space with a serviced office partner.

👉 Read this.

🇺🇸 Industrious opens two Connecticut sites #

Gentry Long, President at Industrious, announced two new Connecticut locations opening in Greenwich and Darien this year.

👉 Read this.


About This.

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

💫 Who's hiring?

🇩🇪 beyond are hiring an Assistant Community Manager in Berlin, Germany.

👉 See Info

🌍 infinitSpace is hiring an International Expansion Manager in London or Amsterdam

👉 See Info

🌍 infinitSpace is hiring a Brand & Marketing Director in London or Amsterdam

👉 See Info

🇺🇸 iPostal1 Workspace are hiring a Director of Business Development (US remote)

👉 See Info

🇺🇸 The Shop Workspace‘s parent company is hiring for an Events Manager in New York City, NY.

👉 See Info

🇺🇸 BLANKSPACES is hiring an Event Coordinator in Westside, LA

👉 See Info

🇺🇸 Lucid Private Offices are hiring a Community Coordinator in Scottsdale, Arizona.

👉 See Info

🇺🇸 Lucid Private Offices are hiring a Community Coordinator in Forth Worth, Texas.

👉 See Info

🇺🇸 Lucid Private Offices are hiring a Community Coordinator in Alpharetta, Georgia.

👉 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, 2026

This week, we explore redemption arcs, prime ministers, click-less search results, coworking Olympics, public staff surveys, another CEO acquisition, and more.

👉 Read this.

Week 23, 2026

This week we explore the growing demand for private team spaces in flex offices, how building an AI ‘context layer’ could give workspace operators a competitive edge, a Danish operator nearly quintupling its profits, the European Coworking Assembly’s key takeaways on community-building, and a wave of market moves including Industrious expanding in London, a Venture X acquisition in Palm Beach, Hub Australia simplifying its flex memberships and more.

👉 Read this.

Week 22, 2026

This week, we explore the shift to a personality economy, if we’re failing neurodivergent workers, melting org charts, token burns, indie data, a new industry tenure survey and more.

👉 Read this.

Week 21, 2026

This week, we explore a day pass pricing experiment, an amenity quote, individual contributors, a mega library, data out of Poland and Berlin, and more. 

👉 Read this.

Week 20, 2026

This week, we celebrate three 10-year milestones, and explore a warning for Google Business Profiles, a coworking agent skill, a public listing, data out of NZ and Hungary, and more.

👉 Read this.