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🎉 Celebrations
✊ Coworking impact.
🇬🇧 Operator partners with learning center org to support young people #
Paul Nellist shared Koba‘s partnership with IntoUniversity to run a programme that will see the coworking space’s members supporting a cohort of young people "through a wide range of activities including mentoring, internships and open days", and includes free-access to the space, and a financial contribution from the sustainability-first flex space firm to the local charity.
👉 Read this.
📚 How one operator is supporting local foster families #
Ann Long from Burbity shares how their space, and wider community, are helping local organization Spokane Angles in supporting Spokane area’s foster families. The campaign is elegantly simple, a QR code that takes social media followers and community members to a registry to order school supplies, and have them delivered directly to the organizations offices. Love seeing community-focussed spaces supporting their wider community.
Nicely done Ann! Doing something similar, or very different? Let us know.
👉 Read this.
🇺🇸 Space opening for Native American-owned businesses #
A coworking space named Native Spaces opens next month in the Rose District in Broken Arrow. The space is not just for small businesses, several Native American tribes will also use the space.
"We want to show Native American citizens that you can do it. It takes a lot of hard work." – Steven Hollabaugh
👉 Read this.
📰 Coworking news & views.
🏷️ Is it time for coworking sub-categories? #
Ian Minor pens an article that asks if we’ve hit the point where we need to better categorize coworking offerings and brands to better define "who we are, what we do and what we offer".
This isn’t the first time a call has been made to add some kind of differentiation or taxonomy around the kinds of products and solutions we all offer the world of workers. I’ve not seen the restaurant analogy used like this before, but have heard comparisons to the categorization of hotels a few times.
My question to you is, do we need more categorization or will brands themselves become the categories?
👉 Read this.
☑️ The 6 key steps for preparing to sell your coworking space #
Asen Stoyanchev from OfficeRnD shares a pretty complete guide on preparing your coworking space for sale, including expert tips from Craig Baute (DenSwap) and Jamie Russo (Everything Coworking), some resources to check out and a valuation calculator.
👉 Read this.
🎨 Local space shows off gallery from little creatives #
Freddie Fforde shares what happened when the Patch Twickenham site team invited in a group of children for a spontaneous art workshop. The result? A lovely popup display of kids’ creativity and art from right within their wider community.
If you’re in the work near home category, what could you be doing to engage with your neighbours?
👉 Read this.
🇬🇧 ICYMI: What HB Reavis has been flexing in London #
With the completion of HB Reavis‘ latest development, Worship Square, Steven Skinner reflects on the over £1bn of developments the firm has delivered in London since 2017.
In case you missed it, part of the rollup includes that they introduced their own coworking brand HubHub, rolled out a managed workspace product, and even established (and sold) their worktech platform Symbiosy.
👉 Read this.
🦅 Another wild bird makes a coworking home #
It seems like even the birds want in on coworking! Coco shares how Noche the Nighthawk has chosen their rooftop deck as her nesting spot.
This follows the ducklings settling into Clockwise in Glasgow, making it 2 sets of coworking birds in 2 weeks. Not all trends will be super-serious it seems. Got a wild bird guest (or member if you’re fancy like that)? Let us know!
👉 Read this.
⛳️ What can we learn from this Google Maps partnership? #
Brendon Beebe shares a take that the recent integration between GolfNow and Google Maps (which allows listed businesses to get direct bookings via search results) could actually wreck golf courses.
Given the moves being made in workspace aggregation, I think its a good idea to see the pros/cons of partnerships like this in other industries, and think – if this happened in coworking, would it help or hinder our business?
👉 Read this.
🤗 When building community, reach outside your walls #
Cat Johnson shares a reminder that the best community-focussed coworking spaces actually reach a little (ok a lot) outside their member base. By positioning your workspace as a resource for the entire neighbourhood, you generate leads and build a resilient network of supporters and backers.
👉 Read this.
📄 Platform shares guide for firms exploring coworking spaces #
Liza Mash Levin proves Gable are pulling out all the stops when in comes to connecting organizations (and their remote teams) to coworking spaces, by sharing that they’ve put together an "Ultimate Guide to Bring Teams Together at Coworking Spaces".
Love it when brands not only educate organizations on coworking benefits, but guide them on how to be successful in bringing coworking spaces into their workspace ecosystem and company culture. Nicely done Liza!
👉 Read this.
🏃♂️ A reminder that scaling coworking is not a sprint #
Philip Ellis shares a reflection on 13 years of growth at Techspace, from a small 4th-floor loft space with secondhand furniture for 32 members to their newest location that will host over 1000 across 80k sqft.
👉 Read this.
😮 Could this be the precedent-setting office-building conversion? #
Canary Wharf Group (CWG) have shared plans to convert the 42-floor "HSBC tower" into a GORGEOUS (seriously, check out the photos) mixed-use building and ecosystem. While the design has not been finalized (and is set to cost between £400M and £800M), I do love the idea of carving away glass and walls to a destination including "best-in-class workspaces, leisure, entertainment, education, and cultural attractions”".
ICYMI: The bank is set to move out of the building in 2027, and going to a smaller HQ near St Paul’s Cathedral and reducing their office space by 40%. The building, actually called 8 Canada Square, is managed by CWG on behalf of the Qatar Investment Authority. The revamp is proposed by US architecture firm Kohn Pederson Fox and expected to be finished around 2030.
👉 Read this.
🇵🇹 Residential development touts coworking space #
The luxury residential project called Docks Matosinhos, by Beglian developer Thomas & Piron included the that the 31-unit project will include an approximately 1500 sqm "installation of a coworking space" in their press announcements.
This is a trend that’s spreading over many territories, and one I’m watching closely for you all.
👉 Read this.
🛍️ How to avoid losses from cross-channel shopping #
Mike Sullivan from Alliance Virtual Offices shares why a pricing policy can help prevent losses from having inconsistent prices across different platforms and channels.
Mike outlines how you could avoid losses via pricing consistency, Minimum Advertised Price, one-time discounting strategies and regular price monitoring.
👉 Read this.
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💻 Coworking technology.
🤖 Platform introduces Paloma, a new USPS compliance assistant #
The team over at PilotoMail have introduced Paloma – an assistant to help workspace operators complete PS forms, automate follow-ups, and provides real-time oversight regarding USPS compliance.
I like this. Almost as much as I like the Brand Bot who builds all the coworking brand profiles you see in these newsletters. Almost.
👉 Read this.
🔥 Floorplans are sooo hot right now. #
Nexudus stepped up their floor plan game with a big update to their editor. Upgrades include customizing floor plans on screen, and being able to manage contracts, bookings and proposals from the floor plan view.
This better positions the platform to compete with both inventory management platforms and newer floor-plan-focussed platforms like Rayon, Bright Spaces, and Archilogic.
👉 Read this.
📈 Coworking data.
🇬🇧 Another UK flex report shows office desk pricing is up 3% #
Harry Murphy shared the UK H1 2024 flex office market snapshot from WorkThere.
In it they share that the avg price per private office desk is £614 p/month, up 3% from H1 2023 (which contradicts Rubberdesk’s report of decreasing prices from last week). London did see a 12% year-on-year rise in price per office desk.
Interestingly, the average length of flex space terms increased by 27% to 15.6 months. They do also report that flex spaces in London are operating at 82% capacity (by contract) while the rest of the UK sits at 83% – both down from 88% and 86% in H1 of 2023.
👉 Read this.
🇺🇸 AY drops a new index re: US office utilization #
Harry Klaff shared Avison Young‘s new Office Busyness Index, which provides a rich data snapshot about how much US office buildings are being utilized.
👉 Read this.
📈 5 key findings from the recent Coworking Automation Survey #
With close to 100 respondents from around the world, the results to Optix‘s recent survey offer valuable insights into how much time operators spend with their technology tools each day, what they wish they had more time for in their business, and how much that time is worth to them.
👉 Read this.
🤝 Coworking market moves.
🇺🇸 Carr gets a rebranding #
Carr Companies, which owns Carr Workplaces and the Preferred Office Network amongst other brands, has rebranded to CarrAmerica.
👉 Read this.
🛒 Spanish hypermarket being converted to coworking/work city. #
Coworking Europe shares that Carrefour group are tranforming a hypermarket in Alicante, Spain into a 22k sqm "Work City". The project is set to include offices and coworking capacity of 1800 desks.
👉 Read this.
🇪🇸 Impact Hub owner takes major stake in regional operator #
Impact Hub Madrid’s parent company (Agartha Real Estate) have taken a majority position in OneCoWork, consolidating the two brands and preparing a strategy of regional expansion.
👉 Read this.
🇩🇪 Mega-merger creates 44-space 3000+ member network. #
The German brands SleevesUp! and Work Inn are merging. The new company will support over 3000 members across locations in 29 cities across "Germany’s largest decentralized coworking network". They are also aiming to grow to 100 locations by 2028.
What I found out: A new brand will be formed and announced soon, you’ll find out more here in the newsletter as soon as I know more details. Pricing and membership will be streamlined by the end of the year, and after the new parent brand is introduced. Sebastian Schmidt will lead Finance, Expansion and Business Development. Sebastian Fuss is responsible for technology. Dörte Schabsky will take care of operations and interior design, while Tim Schabsky is responsible for revenue, people, and impact.
👉 Read this.
🇬🇷 New indie coworking space launched in Ioannina, Greece #
Congrats Tassos Koutlas and team on the launch of C. Ioannina !
👉 Read this.
☀️ California gets another Green Hive Space #
Drake Rankin shares that Green Hive Spaces are opening a new location in Vacaville, California.
👉 Read this.
🎙 Coworking conversations.
Chiko Abengowe shares his journey from discovering coworking to establishing Perfect Office‘s flagship location on the GCUC podcast.
Chiko Abengowe, founder of Perfect Office, joins Gio and Jamie on the Flex Uncensored podcast where he shares his transition from staffing industry professional to owning 20 coworking locations in the DMV area.
Tuomas Sahi, CEO of Antilooppi, joins The Caleb Parker Show to share how their focus on understanding and serving the needs of their customers led them to providing flexible solutions and services in Helsinki.
📆 Coworking events.
🎁 Transforming coworking with hospitality #
The GWA‘s July Coworking Council Series webinar is titled “Transforming Coworking with Hospitality: Trends, Technologies, and Strategies,”. Moderated by David Arraya, with panelists Javier Garcia from IOS Offices and Morgan Trego from Shift Workspaces, this session will explore how hospitality principles can transform coworking environments to enhance member experiences and operational efficiency.
👉 Read this.
🦾 How to automate coworking space access #
Struggling to manage member access at your shared space? This webinar is designed for you! Join us (Spacebring and Kisi) on the first day of August to learn how automate access and solve common problems from industry experts.
👉 Read this.