News

JustCo, who claims to be the profitable counterpart to WeWork, opened its first Australian location in Sydney as the operator works to expand from 40 to 100 locations.

WeWork’s European expansion is seeing big competition from numerous other operators, such as IWG, and its recent IPO filing might work to the favor of those competitors.

Coder Victor Pontis created pop-up coworking space WePark in a parking spot to make a solid point about the cost of other coworking spaces in the San Francisco area.

Coworking spaces have started utilizing data tracking in order to be more aware of how occupants use spaces and amenities, allowing them to better tailor their services.

Modern offices have taken note of what keeps people coming back to hotels by offering a relaxing atmosphere and amenities to have a productive and collaborative workday.

Industrious will open its second workspace situated within a retail property at the Broadway Plaza shopping center in Walnut Creek, taking up 36,000 square feet of space.

Private equity firms CVC Capital Partners and HPEF are reportedly planning to sell their majority stakes in Hong Kong’s The Executive Centre, WeWork’s rival in the area.

CommonGrounds Workplace will expand its LA footprint, taking up about 46,000 square feet on the seventh and part of the eighth floors of a Wilshire Boulevard building.

Serendipity Labs will enter the Middleton market just outside of Madison, taking up 23,000 square feet and be operated by hospitality veteran and hotelier Ryan Jacobson.

WeWork revealed that filed a draft registration with the Securities and Exchange Commission late last year, following suit of other decacorns who recently filed IPOs.