News

Real estate titan Nate Paul has announced the launch of his new coworking company, NowSpace, using its 12 properties to become WeWork’s biggest competitor in Austin.

As major coworking operators continue to thrive in the industry, firms who aren’t able to compete have started to be acquired by or merge with more successful firms.

London’s flexible office space boom has led many operators’ rent prices to drop, especially in areas where competition is strong and demand is stronger.

Coworking spaces are officially an established sector of the commercial real estate industry and is constantly evolving and expanding to suit the ever-changing workforce.

As digital banking continues to upstage visiting physical branches, some banks are taking advantage of unused space by building coworking offices for smaller businesses.

Office environments are constantly evolving and transforming to find new ways to incorporate modern technology such as VR and AI, innovative design, and new work models.

As working parents struggle to find a work/life balance, coworking space Cuckooz Nest offers a place for parents to work and childcare services within the same building.

JLL’s 2019 Hotel Investment Outlook report expects that, despite anticipating slow real estate growth this year, experiential travel and coworking will keep hotels at bay.

SoftBank’s Vision Fund is the investment backbone for many real estate and technology companies and continues to fund what it thinks are the most profitable businesses.

Architecture company Radian have opened up Build, their own coworking space that is geared to nonprofits that may not be able to afford pricey neighborhoods in Denver.