WeWork India Franchise Expands Its Operations
WeWork India has announced the expansion of its operations across Mumbai and Bengaluru, where it has leased 150,000 square feet to open five new coworking locations.
WeWork India has announced the expansion of its operations across Mumbai and Bengaluru, where it has leased 150,000 square feet to open five new coworking locations.
Technological advancements have led workplaces to completely transform to become more flexible, remote and collaborative thanks to the use of new tools and resources.
Despite increased competition in the coworking industry, coworking firms in the UK grew their portfolios by 22% last year as startups and corporates seek flexibility.
Flexible workspace provider Industrious has signed a management agreement with Vornado Realty Trust to take up 100,000 square feet of space at New York’s One Penn Plaza.
As many companies in China are forced to operate from home due to the coronavirus outbreak, coworking companies are concerned about how they can continue business.
Niche coworking spaces that focus on people of color are emerging in an effort to provide a workspace that is more community-driven and value the needs of these members.
The UK has now left the European Union, and since Article 50 emerged three years ago, experts have been uncertain of how Brexit would impact the office leasing market.
Real estate veteran Sandeep Mathrani is WeWork’s new CEO as the coworking firm pivots towards its standing as a real estate company, rather than a technology company.
Physical workspaces are slowly becoming a thing of the past as technology and changing work culture pave the way for companies to adopt a more remote, digital workforce.
As WeWork has become less of a threat to competitors in the flexible office sector, Knotel has set itself up as a dependable alternative, but not without some criticism.
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