Coworking giants, such as WeWork and IWG’s Spaces, have started to expand their services and lease high profile properties in Auckland’s rapidly growing office market.
The Hive signs MoU with conglomerate
Coworking space company The Hive has recently signed an MoU with Elahi Group of Companies, a conglomerate that focuses on different manufacturing concerns.
“This project represents the future of coworking in Pakistan,” said Danish Elahi, CEO of the Elahi Group of Companies. “For many freelancers and small business owners, this will serve as the foundation from which they can make their ideas develop and prosper, ultimately also contributing towards the growth of a thriving business community within Pakistan that is geared towards positive social development.”
The Latest News
Delivered To Your Inbox
Owais Zaidi, CEO of The Hive, said that the coworking spaces hopes to inspire entrepreneurs and techies by providing them the tools to grow.
The Hive is Pakistan’s first nationwide chain and has been leading the workspace movement in the country since its launch in Islamabad in 2016.
Latest on Daily Digest
Sources have revealed that CBRE, the world’s largest commercial real estate services firm, is looking at 3 World Trade Center to house its new coworking brand Hana.
Hoxton Hotel is branching out from traditional hospitality services with the launch of its coworking brand Working From_ at its London Southwark and Chicago locations.
Speaking at the 2019 MIPIM conference, IWG’s CEO Mark Dixon said that companies of various sizes should offer some form of agility in order to attract and retain talent.
As the coworking space sector continues to evolve and grow, experts believe that there will be a 25% growth of these offices within retail properties through 2023.
Ryan Simonetti, CEO of Convene, believes that the firm sets itself apart from the competition by going beyond serviced workspaces and offering more hospitable amenities.
Building Industry Gathering Oakland has opened its 3,650 square foot, one-of-a-kind coworking space geared towards small minority and women-owned businesses in the area.
Novel Coworking’s newest Chicago location will include workspaces, such as office suites, private offices, and coworking space, to accommodate various-sized companies.
As the gig economy continues to become more prominent amongst younger professionals, the demand for flexible coworking spaces from this generation rampantly grows.
Hospitality company Accor is working to expand its coworking services to 1,200 of its hospitality locations, which could make it the largest coworking provider in Europe.
Brexit has left the London office market in development limbo, but thanks to the surprising resilience of the market, builders are moving steadily forward with projects.