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Property Developer, Nao Group, Seeks Strong Outlook for 2021 Following Acquisition by Dragon Gate

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Property Developer, Nao Group, Seeks Strong Outlook for 2021 Following Acquisition by Dragon Gate
April 30, 2021 (PRLEAP.COM) Business News
Nao Group is pleased to announce plans to expand its network of UK coworking spaces.
The news follows from the property developer s recent acquisition by the Asian backed investment group, Dragon Gate. This move has allowed the Company to secure further capital, which will now be used to fund the strategic purchase and development of coworking spaces in promising areas around the UK. The Company s plans form part of a wide, long term post-pandemic recovery strategy, which stands to capitalise on the positive growth forecasted for the coworking economy as businesses now, more than ever, look to remote and flexible office spaces as a viably effective option for a work environment. Future trends point to Covid-19 creating positive, long term effects for the coworking sector globally. ....

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Daily Digest News - April 27, 2021

IWG Sees Certain Markets Rebound
After over a year of the global office market attempting to stay afloat, IWG’s CEO believes that the worst is behind the company.
IWG said that the past three months was its “most challenging quarter” due to occupancy falling to 66% from 75% the year prior, causing it to leave behind underperforming locations.
Additionally, revenue dropped 21% compared to this time last year, which saw a record high of £528 million.
“It looks like the worst is behind us. We can see improving markets not across the board, but in a number of areas,” said Mark Dixon, chief executive at IWG. ....

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Homegrown Coworking Leader Hub Australia Opens First Canberra Site In New Civic Quarter Building

Published on April 23, 2021 - By Allwork.Space - Press
Hub Australia has opened the doors to its eighth site in Canberra’s new state-of-the-art Civic Quarter commercial building.
Hub Australia has opened the doors to its eighth site in Canberra’s new state-of-the-art Civic Quarter commercial building.
The new workspace center marks the company’s first space in Australia’s capital.
The location will be opened in partnership with a landlord, rather than a traditional lease.
Canberra, Australia – Australia’s premium coworking provider Hub Australia has opened the doors to its eighth site. Located in Canberra’s new state-of-the-art Civic Quarter commercial building, the new workspace offering is attracting strong tenancy interest from leading private sectors including legal and technology, as well as government agencies and project teams. ....

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Bytemarks Café: HUB Coworking

wernerdetjen via Pixabay
Today on Bytemarks Cafe, we ll talk to an innovative company called Symbrosia getting started in Kona at Natural Energy Labatory of Hawaii as a part of the HATCH accelerator. Weʻll learn how the company has found a new way to reduce the amount of methane by adjusting the contents of cattle feed.
© 2021 Hawaii Public Radio ....

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WeWork India raises Rs 200 cr to grow biz, become profitable in 2021

Read more about WeWork India raises Rs 200 cr to grow biz, become profitable in 2021 on Business Standard. Coworking major WeWork India on Monday said it has raised Rs 200 crore from investors as equity and debt ....

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