Launched in 2010, The Park operates four locations in Stockholm.

“Last year, the company recorded a turnover of €917 Mio but made a loss of €1.24 Mio”, according to the media Fastighetsnytt.

The Park group consists of The Park Sjöstaden, The Park Sweden, The Park Forskaren and The Park Södra, all of which have been declared bankrupt. The Park offers flex hot-desking, private offices or event hosting services, among other things. The coworking operators is in discussion with its property partners, such as Vectura Fastigheter.