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Franco-Ivorian Africaworks Coworking Expands in Lagos With First Deal From New Investment Fund

Franco-Ivorian Africaworks Coworking Expands in Lagos With First Deal From New Investment Fund

by | Mar 12, 2026 | Africa, Announcement, coworking, Deal / Transaction, expansion, Flex Office / Serviced Office, General, Managed Office, National Multi-site, New Location Opening, Operators, Partnership, Strategic Partnership

AfricaWorks Investment Partners (AWIP), the real estate investment platform linked to the AfricaWorks coworking operator, acquired a mixed-use business park in Lagos, Nigeria. The site will be redeveloped into a flexible workspace hub, scheduled to open in Q3 2026....
New State Capital Partners Acquires Vast Coworking Group and Its Global Network of Coworking Spaces

New State Capital Partners Acquires Vast Coworking Group and Its Global Network of Coworking Spaces

by | Mar 4, 2026 | acquisition, Africa, Announcement, Asia-Pacific, coworking, Europe - Southern, Europe - Western, expansion, Flex Office / Serviced Office, Franchise, Franchise Model, General, Global, Global Chain, M&A / Acquisition, Middle East, North America, Operators

U.S. private equity firm New State Capital Partners has acquired Vast Coworking Group, the global franchisor of coworking brands, in a carve-out transaction from United Franchise Group. Financial terms of the deal were not disclosed. Vast Coworking Group operates a...
Kenyan Coworking Operator Workstyle Opens Third Location in Nairobi and Looks to New Markets

Kenyan Coworking Operator Workstyle Opens Third Location in Nairobi and Looks to New Markets

by | Aug 24, 2025 | Africa, Announcement, Business, coworking, expansion, General, National Multi-site, New Location Opening, Operators

Workstyle Africa, a Nairobi-based coworking operator, is set to open its third location in the city on September 1, 2025. The new site will add more than 2,500 m2 of flexible workspace to the operator’s growing portfolio. Founded in 2018 by Real Estate developer...
The Coworking Operator Africaworks Listed Among the 5 Fastest Growing Companies in Africa

The Coworking Operator Africaworks Listed Among the 5 Fastest Growing Companies in Africa

by | Jul 24, 2025 | Africa, Announcement, Business, Coliving + Coworking, coworking, expansion, Financial Results, General, National Multi-site, Operators

AfricaWorks, a Cape Town-headquartered coworking and coliving company, has been ranked among the five fastest growing companies in Africa by the Financial Times (FT), in their 2025 edition of “Africa’s Fastest Growing Companies.” The listing, which measures growth...
Coworking is Reshaping the Whole EU Office Market, Beyond the Flex Sector Itself, Driven by Local Players

Coworking is Reshaping the Whole EU Office Market, Beyond the Flex Sector Itself, Driven by Local Players

by | Jul 3, 2025 | Africa, Business, CRE Investment Trends, Europe - Central/Eastern, Europe - Nordic, Europe - Southern, Europe - Western, General, Market Report / Data, Middle East, office, Office Vacancy / Demand, Real Estate

The coworking sector is not just growing, it’s becoming a defining force within the commercial real estate market across EMEA, says the new “Flexpansion” EMEA report by the international Real Estate services company Colliers. The study shows that flexible...
“For €1 spent in coworking, €3 more is spent on hotel services”, according to Wojo and Hotel Investor Kasada

“For €1 spent in coworking, €3 more is spent on hotel services”, according to Wojo and Hotel Investor Kasada

by | May 7, 2025 | Africa, Announcement, Business, coworking, Europe - Southern, Europe - Western, expansion, Financial Results, General, Hybrid Hospitality, Management Agreement, National Multi-site, Operators, Partnership, Strategic Partnership

The integration of coworking into hotels is proving to be a profitable strategy, generating not only direct revenue but also substantial upsell across other hotel services, according to insights shared at MIPIM 2025 by coworking operator Wojo CEO Stéphane Bensimon and...