The Instant Group acquires yta.se, one of Sweden’s leading marketplaces for flexible offices.
The acquisition solidifies The Instant Group as the world’s largest data-driven platform for flexible workplaces across 168 countries and 5,500+ cities.
With 8,000+ rooms, yta.se has driven significant growth in Sweden’s coworking sector, which accounted for 3.5% of Stockholm’s total office supply in 2022.
Generating SEK 250 million in annual rental income and facilitating 500+ company placements, yta.se is a key player in the national coworking scene.
“We have identified the Nordic region as an important and rapidly growing market for flexible workplaces. Viktor, Tim, and the team at yta.se have really impressed us with their ability to capitalize on that growth and their ambitious growth plans,” said Tim Rodber, CEO of The Instant Group.