Coworking

With a starting cap of 300 members, shares in the Colette coworking club cost $125,000 in addition to annual fees coming to $36,000.

TROT allows landlords to list vacant space onto its online marketplace, post their own pricing, and allows it to be rented out on a short-term basis.

Selina announced that it opened eight new locations during the second quarter of 2022, while also signing deals for eight additional properties.

The new location will be situated in a 756-unit mixed-use space in the city’s Riverfront neighborhood and feature a 530-seat within the coworking space.

The company originally planned to occupy ten of the 57 floors at 830 Brickell, but has since reportedly pulled out of the still unfinished development.

A new report highlights various factors that are impacting the industry, including startups looking to reduce their office costs and misconceptions about the market.

Landlords struggling to attract new tenants can tap into the coworking market to provide more enticing spaces for the future workforce.

According to Workthere, the flex office specialist of Savills, 87% of operators in the UK have become profitable, while 63% have reported profit margins above 15%.

WeWork Workplace will provide both employees and employers with the insight that creates an optimal work environment and promotes engagement.

IWG, which owns a majority stake in the coworking firm, has named its chief commercial officer Fatima Koning to serve as the new CEO.