The Italian coworking and education services operator Talent Garden shuts down its Vienna location.

“Despite immense effort from the local team and the group, that allowed us to build and nurture an amazing community, we found ourselves forced to close the coworking area in Vienna due to issues with the facility“, said Irene Boni, CEO of Talent Garden. The landlord didn’t want to fix big troubles with the six-storey building (Broken A/C, humidity issues…), observes the coworking operator.

Some 150 members have been redirected to other coworking spaces in Vienna such as The Social Hub, Startup House Austria , weXelerate or cowerk | DesignPalais.

The Talent Garden group opened campuses in 13 countries, all around Europe.

The City of Vienna supported Talent Garden’s establishment of a location in Vienna many years ago. As part of the Vienna Start-up Initiative 2016, Talent Garden received €146.000 in funding. startup300 AG, a startup investor, later acquired a 10.3 % stake in Viennese company.

“TG also noticed that the difficult economic situation in Europe with high inflation and high interest rates is making the operation of rented coworking spaces more difficult”, comments an article by Trending – International

Talent Garden will remain in Austria for the time being, focusing on Education, both for students and for corporates, confirms Irene Boni, who came to Vienna in person to oversee the closing of the hub. “We are now a startup again”, she says.

Talent Garden shuts down Coworking Space in Vienna