Coworking Facilities

WeWork raises $760M for popular coworking model

WeWork raises $760M for popular coworking model

WeWork's coworking model has become so popular that the company has started managing full office build-outs for companies that want to offer a similar concept and design to their employees — and they're using technology like laser scanning and BIM to do so. Another reason WeWork is building larger spaces: clients are outgrowing their current WeWork space but want to stay with the company.

What we may be missing about IBM’s decision on flexible working

What we may be missing about IBM’s decision on flexible working

Earlier this year, IBM announced that it had taken up all the space at a WeWork office at 88 University Place in New York. IBM is set to move up to 600 employees to the location, a building that will be owned, designed and managed by WeWork. In doing so, the technology giant will become one of the first major corporations to occupy a large office as a service. As we suggested elsewhere, this may represent the new normal for many office occupiers, especially when coupled with flexible working policies.

Why WeWork’s Flexible Workspaces Are The Offices Of The Future

Why WeWork’s Flexible Workspaces Are The Offices Of The Future

From millennials to baby boomers, professionals not only want careers they are passionate about but also a work environment and community where they can strive for personal fulfillment. Flexible workspace has emerged as a way to meet those goals. Workers with access to this type of environment are less stressed and have higher productivity levels, according to a study from the American Sociological Review.

Serviced office and coworking offices top London leasing market for the first time

Serviced office and coworking offices top London leasing market for the first time

Serviced office and coworking office space providers have accounted for the largest share of space leased in Central London for the first time, according to new research from Cushman & Wakefield. During the first half of 2017, serviced office or co-working providers – such as WeWork and The Office Group – accounted for 884,235 sq ft of newly-leased office space in central London.

Paris gets ‘world’s largest startup campus’ with Station F

Paris gets ‘world’s largest startup campus’ with Station F

The idea was crazy: Pour millions of dollars into rehabbing an enormous abandoned railway station, fill it with desks, and christen it into the world’s largest startup hub. But if you’re French billionaire Xavier Niel, crazy ideas actually work. Now, after years of abandonment and renovation, Paris’s Halle Freyssinet—a 366,000-square-foot freight depot built in the 1920s and barely saved from demolition in 2011—is Station F, the largest startup campus on earth.

Check out this campsite-inspired co-working space in the heart of San Francisco

Check out this campsite-inspired co-working space in the heart of San Francisco

Co-working spaces have become increasingly popular in recent years as more professionals find themselves working remotely and looking for a space where they can be productive and engaged with likeminded individuals.

Since part of the appeal of working remotely is not being stuck in a stuffy office, we’ve seen co-working spaces pop up in places that look less and less like what you might expect — for instance, climbing gyms. Perhaps nowhere is this more pronounced than at OutCamp, a new outdoor co-working space in the heart of San Francisco that’s designed to look like a campground.

Up Close And Personal: The HX Workplace With JLL Global Head Of Research Dr. Marie Puybaraud

Up Close And Personal: The HX Workplace With JLL Global Head Of Research Dr. Marie Puybaraud

Organizations will need to re-think their workplace strategies and how they utilize their real estate. Some companies are starting to look at flexible workspace operators to help them better manage their portfolios. This is the case between IBM and WeWork.

On Coworking: An Interview with Gensler Seattle’s Principal and Design Director Susana Covarrubias

On Coworking: An Interview with Gensler Seattle’s Principal and Design Director Susana Covarrubias

Over the last decade we’ve watched the concept of coworking move from being a fringe idea to a global movement. Whether they are offices built primarily for coworking or those that incorporate specific elements into traditional environments, the concept has been cemented into the canon of office and workplace design.

Despite a $17B Valuation and Expanding Business Model, How Long Can WeWork Work?

Despite a $17B Valuation and Expanding Business Model, How Long Can WeWork Work?

The company also surpassed Google parent Alphabet in 2016 as the nation’s largest leaser of new office space, according to CoStar Group. Also, its valuation earlier this year hit $17 billion, and it signed a major deal with IBM, one of the world’s largest and most durable technology companies. And just last week, Adam Neumann, WeWork’s co-founder and chief executive officer, told attendees at a Wall Street luncheon that the company is currently generating revenue at a rate of $1 billion annually, and is planning to launch an initial public offering in the future (Neumann did not specify a time frame for the IPO).

Commercial property giant acquires controlling stake in London based flexible office provider

Commercial property giant acquires controlling stake in London based flexible office provider

While we should never read too much into a single piece of business, the news that one of the world’s largest property investors is buying a young and still growing British flexible office provider is surely a sign of things to come. As Blackstone, a private equity giant with £140 billion of real estate assets worldwide acquires a controlling stake in The Office Group for £500 million, we must view the deal in the context of a market in which the most dynamic players are WeWork and its contemporaries. The Office Group has grown from seven buildings to thirty-six since it was founded in 2003 and provides flexible office and coworking space to start-ups, freelancers, small businesses and increasingly, corporates such as Facebook, Dropbox and British Gas.

Experts Speak Up: The Ever Challenging Scenario of Coworking and Childcare

Experts Speak Up: The Ever Challenging Scenario of Coworking and Childcare

Coworking has evolved greatly over the past few years. We’ve seen operators go from hot-desking and open space, to hybrid models that offer the best of both worlds, to niche spaces that cater to specific needs–anywhere from cooking to music, all the way to cannabis. Yet, if there’s one thing that flexible workspace operators continue to struggle with no matter how hard they try or how much they innovate, its coworking with childcare.