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European Investor Covivio, Owner Of Coworking Brand Wellio, Expands Into Milan Hotels To Broaden Mixed Real Estate Portfolio

European Investor Covivio, Owner Of Coworking Brand Wellio, Expands Into Milan Hotels To Broaden Mixed Real Estate Portfolio

by | Apr 28, 2026 | Announcement, Asset Acquisition, Conversion, CRE Investment Trends, Deal / Transaction, Europe - Southern, Europe - Western, General, Hospitality / Hotel Conversion, Mixed-Use, office, Real Estate, Workplace Strategy

Covivio, a European real estate investor and owner of coworking brand Wellio, has acquired four hotels in Milan, expanding its presence beyond offices in a city where it already has a strong footprint. The Milan acquisition adds four hotels to Covivio’s portfolio in...
Lyon’s Historic Church to be Transformed into a Mixed-Use Hub for Coworking, Climbing, and Dining

Lyon’s Historic Church to be Transformed into a Mixed-Use Hub for Coworking, Climbing, and Dining

by | Jan 10, 2026 | Announcement, Business, Conversion, Deal / Transaction, Development / New Build, Europe - Western, General, Landlord-Operator Partnership, Mixed-Use, Real Estate

A 1,800 sqm mixed-use redevelopment project has been confirmed for the former Saint-Bernard Church in Lyon. The site will feature coworking offices, an indoor climbing wall, and food and beverage facilities. Details on the exact size and services of the coworking...
FS Italian Railways to Integrate Coworking Into Stations Nationwide Under €100 Billion Urban Revitalization Plan

FS Italian Railways to Integrate Coworking Into Stations Nationwide Under €100 Billion Urban Revitalization Plan

by | Jul 9, 2025 | Announcement, Business, Conversion, Development / New Build, Europe - Southern, General, Mixed-Use, Partnership, Real Estate, Workplace Strategy

The Italian rail operator FS has earmarked €100 billion in its 2025–2029 Strategic Plan to revitalize infrastructure and urban hubs, including small-town stations, by introducing shared amenities like coworking spaces into historic sites. One recent exemplar in Milan...
“The ‘Omegahaus’ [compound] in the Frankfurt area no longer meets today’s expectations of office tenants”

“The ‘Omegahaus’ [compound] in the Frankfurt area no longer meets today’s expectations of office tenants”

by | Jul 31, 2024 | Announcement, Business, Conversion, ESG / Sustainability, Europe - Western, Mixed-Use, office, Real Estate, Workplace Strategy

“The ‘Omegahaus’ [compound], completed in Offenbach, in the Frankfurt area, in 1994, no longer meets today’s expectations of office tenants in terms of sustainability, design and modern working.” So the owner is converting the 52.000 m2...
Coworking operators could benefit of the end of a lot of traditional office lease contracts in the coming years

Coworking operators could benefit of the end of a lot of traditional office lease contracts in the coming years

by | Jul 26, 2024 | Business, Conversion, CRE Investment Trends, Europe - Western, Global, Landlord-Operator Partnership, Market Report / Data, Mixed-Use, office, Office Vacancy / Demand, Opinion / Analysis, Real Estate

Many office lease contracts will come to an end, in Europe, in the coming 2 years. Will coworking and flex workplace operators seize the opportunity? Certainly. According to the workplace research firm Leesman, total office space reductions could reach 40% across its...
MAPFRE to transform a fashion mall into a 8.000 m2 coworking environment in Madrid

MAPFRE to transform a fashion mall into a 8.000 m2 coworking environment in Madrid

by | Mar 31, 2023 | Announcement, Asset Acquisition, Business, Conversion, Deal / Transaction, Europe - Southern, Real Estate, Retail Conversion

The Spanish Multinational Insurance company MAPFRE has decided to convert a fashion mall into an 8.000 m2 coworking space in Madrid. The transformation will be carried out by MERLIN Properties, Grupo Gmp, Corporacion Financiera Alba SA, MONTHISA REAL ESTATE SL,...