IPOs by flexible workspace firms: Sharing to grow
A number of flex workspace operators are expected to raise long-term capital and onboard more institutional investors.
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A number of flex workspace operators are expected to raise long-term capital and onboard more institutional investors.
Flexible workspace providers in India are shifting to asset acquisition to meet rising demand. Major players like Table Space and EFC are expanding operations through property purchases, driven by increased interest from foreign funds and top corporations opting for flexible workspaces.
111 Piccadilly space will more than double size of Be.EV's current office
Coworking giant WeWork has told UK tenants their membership agreements will not be impacted after the firm filed for bankruptcy in the US.
IWG’s research also reveals that over two-thirds (67%) of workers believe they can effectively perform their jobs from an overseas location. While 71% of the respondents would only consider a job that offers the flexibility to work remotely, at least part of the time, an improved work-life balance was the most common benefit cited by 76% for working from anywhere. Not surprisingly, broadband speed outranked both cost of living and weather parameters in the most essential requirement for travelling hybrid workers.