Contract furnishings provider, Hightower received multiple awards at NeoCon 2021, including IIDA's 'Best Small Showroom' (under 4,000 sf) and 'Best of Competition' for its newly designed Chicago showroom.
Humanscale welcomes Elizabeth Margles to its Marketing Division in the role of Chief Marketing Officer. Margles comes to Humanscale with twenty years of experience in design, fashion and retail and a background in public relations and advertising.
The exclusive relationship with Kontrol's BioCloud® Technology will provide real-time detection of airborne pathogens such as SARS-CoV-2 to help make workplaces safer as organizations return to the office.
“I’ve heard no bullish views at all,” said Rett Wallace, chief executive of Triton Research, which analyzes pre-IPO companies for investors. “There were Uber bulls, there were Lyft bulls, there were Snap bulls.” He added that “WeWork is exhausting people’s cynicism.”
WeWork, the leader in the globalization of coworking, revealed in the prospectus that it lost nearly $700M in the first half of 2019, and said it will likely lose more money “in the foreseeable future.”
Against a global backdrop of diminishing business confidence and a weaker outlook for economic growth, a robust labour market in the world’s largest economies continues to underpin demand for office space with high employment levels prevalent across a number of major markets. Demand continues to be driven by the knowledge economy, with the coworking boom continuing to broaden its reach across major markets.
WeWork, now known as The We Company, announced this morning the acquisition of a rival co-working business, Spacious.
Digitally native brands like Outer and Burrow are exploring alternative ways to give consumers the opportunity to see their products in real life.
Knotel has now completed a $400 million financing, led by Wafra, an investment arm of the Sovereign Wealth Fund of Kuwait.
Like WeWork, IWG operates furnished, serviced offices around the globe that it rents out to companies and individuals under short-term deals and is best known for its Regus brand.
The combination of opportunity zones and shared office space is creating incubators of start-ups and investors in underserved markets.
After WeWork detailed the most complete picture to date of its corporate finances last week, the leaders of some of its main competitors wanted to make a strong point: We are different.
Co-working is far from monolithic, even within the same city or on the same block. As the front of the pack begins to sift out, understanding how these companies operate will be important for their own landlords as well as the companies that envision integrating co-working into their space plans.
Coworking operators Industrious and Galvanize have several Fortune 500 partners each, and firms with more than 1,000 employees constituted between 25 and 30 percent of WeWork’s business as of the start of 2018, according to research from NKF.
At the cusp of WeWork's initial public offering, investors now have to decide whether the coworking industry has a long growth runway ahead, or whether the market for shared office space is reaching saturation.
When July began, WeWork was building 194,000 desks, had signed leases for 327,000 more and was in negotiations for 724,000 workstations that have not been finalized. The company pegs its total pipeline at 1.9 million desks, more than triple what it is currently operating.
The workspace-sharing platform filed a lengthy S-1 to the Securities and Exchange Commission today, offering a detailed glimpse into its financial health along with a platitude-laden prospectus summary that would make even the most hubristic company founder blush.
We generated $1.54 billion in revenue in the first six months of 2019 and posted a net loss of $689.7 million.
There is no questioning the voracious growth of the sector. Coworking leases in Manhattan increased by 200% last year, according to CBRE, with firms like Knotel, Convene and Spaces all taking space at a rapid clip.
Mindspace CEO Dan Zakai shares why their Tel Aviv HQ is a direct reflection of their coworking spaces around the world.
Coworking giant WeWork is planning to acquire SpaceIQ, a company focused on analytics software that makes more efficient use of office space.
