In The Loop: Industrious And Blackstone Partnership, Knotel, And Why Coworking Doesn’t Work For All

“Why coworking doesn’t work for all”, and other industry news you need to check out

Industrious and Blackstone Sign Partnership
Blackstone’s Equity Office announced this week that it has signed a flexible workspace agreement with Industrious. According to the release, “Industrious will provide flexible-term workplace options for teams of 1-200 people.” Additionally, the coworking brand “will directly manage 100,000-140,000 square feet of flexible office suites in the Howard Hughes Center

Knotel Acquires Ahoy!Berlin
TechCrunch reported this week that Knotel is “now pushing out internationally, with the acquisition today  of Ahoy!Berlin, a workspace operator n Berlin, Germany. The deal follows Knotel’s expansion in Europe — first in London, in the first quarter of 2018.”

IndiQube Raises $15 Million
India has become one of the hottest coworking markets in the world. This week, inc42 reported that Bengaluru-based coworking brand, IndiQube, has raised $15 million in equity funding in a round led by WestBridge Capital. According to the article, IndiQube “plans to use the funds to strengthen its execution capabilities and expand aggressively across Bengaluru, Pune, Hyderabad, Chennai, Mumbai, and NCR.”

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Coworking Doesn’t Work For All
In this WorkDesign Magazine article, Colleen Barrett makes a strong and interesting case as to why coworking doesn’t work for all. “While many generic coworking spaces for rent offer different kinds of spaces for people to choose from, nothing beats the careful analysis of a company’s specific workforce needs to design the right kinds of spaces for people to do their best work.”

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