Dr. Gleb Tsipursky – The Office Whisperer
Cat Johnson – Coworking Marketing Maven
Angela Howard – Culture Expert
Drew Jones – Design & Innovation
Andrea Pirrotti-Dranchak – Competitive Advantage
Jonathan Price – CRE & Flex Expert
Jeremy Fennema – Tech Innovation Alchemist
Australia-based, BlackWall-owned shared workspace operator WOTSO is gearing up to test investors as the coworking industry continues to flourish. This comes on the heels of WeWork gearing up for an initial public offering in the U.S.
BlackWall is suggesting listing its $30 million valued coworking branch as a stand-alone business on the Australian Securities Exchange (ASX).
Since BlackWall launched WOTSO in 2014, the company has expanded its footprint to 17 locations over 34,000 square meters.
“We are invested in both BlackWall Limited and the BlackWall Property Trust and have been tracking the evolution of WOTSO closely,” said Will Culbert, portfolio manager of URB Investments. “As a stand-alone entity, WOTSO should have a lot more avenues for growth and is a trusted tenant for new BlackWall projects.”
After the merger has dissolved, WOTSO hopes to continue expanding its services through joint ventures, strategic partnerships, or raising more capital.
