News

The open office concept is a popular design across many spaces, but studies show employees prefer an office that provides a variety of private and collaborative areas.

WeWork has added a new arm to its real estate portfolio with an investment fund called ARK that acquires properties, despite pushback from the real estate industry.

Coworking spaces have grown exponentially in the past few years, with CBRE Asia reporting a 50% growth from 10 million square foot growth in 2017 to 15 million in 2018.

In 2019, WeWork India plans on doubling its coworking spaces to 6 million square feet, expanding into secondary cities such as Chennai, Pune, and Hyderabad.

Knotel has signed nine new leases in the past two weeks, totaling 180,000 square feet and further adding to their massive portfolio of space in Manhattan.

CEO of UnGroup Philip Ross says workplaces are on the path to transforming into a technology-heavy, state-of-the-art environment to accommodate younger generations.

Dell India’s General Manager predicts that artificial intelligence and augmented and virtual reality will be key players in how the workplace is transformed in 2019.

WeWork’s first Jerusalem location came under fire after it was announced that the facilities would be accessible during Shabbat, with many leaders calling for a boycott.

Regus commissioned a study that found remote working could reduce billions of hours for commute time, thus reducing carbon dioxide emissions by 214 million tonnes by 2030.

The Wing, a women-led coworking firm, raised $75 million in a new funding round and enlisted venture partners Jess Lee and Kara Nortman to join their board of directors.