News

Proptech continues to make a significant impact on the commercial real estate sector, with coworking firms using the technology to advance their amenities and space.

While coworking has become a sought-after asset in the office industry, some experts believe that oversaturation will lead to major consolidation in the future.

New York-based flexible office firm Knotel revealed that it will expand its Los Angeles footprint by 100,000 square feet, just a few months after entering the market.

OYO has revealed its multi-brand approach to expand its workspaces across India through its recent acquisition of Innov8 and two new brands — Powerstation and Workflow.

Blackstone-backed, London-based flexible workspace firm The Office Group has announced it has acquired two Central London buildings totaling 83,000 square feet of space.

Many office supply retailers, such as Office Depot and Staples, have started incorporating coworking spaces within their stores to better make use of unused store space.

Flexible workspace provider Regus has revealed the launch of its new franchise program and is seeking qualified partners to build off of demand for coworking spaces.

Knight Frank’s report ‘India Real Estate’ reveals that coworking firms in India have leased 4 million square feet of office space across the country’s eight major cities.

London-based coworking space The Qube is aiming to cater to professionals across the creative industry, such as musicians, who are seeking flexible workspace options.

The ongoing debate of open versus closed workspaces has left organizations wrestling with what works best for their employees, but is it necessary to choose an ultimatum?