Coworking Industry News in Europe
German coworking operator Beehive opens a new location in Hamburg Airport.
German coworking operator Beehive opens a new location in Hamburg Airport. The 400 sqm space offers spaces to work and to hold video conferences or meetings as well as quiet zones. Travelers interested in accessing the space can purchase a day ticket from EUR 19.99. With this new opening, Beehive now operates 5 coworking spaces across 3 cities in Germany. Read more about the new opening here: https://www.hamburg-news.hamburg/en/companies/co-working-space-now-open-hamburg-airport
Workland, the leading coworking operator in the Baltics will open its largest coworking space to date in Galleria Riga.
Workland, the leading coworking operator in the Baltics will open its largest coworking space to date in Galleria Riga. East Capital Real Estate, the owner and manager of Galleria Riga Shopping Centre will invest more than 3 million Euros to convert 3,200 sqm into office space. The integration of Workland turns Galleria Riga into a modern mixed-use asset and strengthens its role as a strong and sustainable engine for the city center. The new opening will be the largest hub in Latvia. It will...
Luxembourg coworking brand The Office is expected to reach 4 Mio € revenues by the end of the year.
Luxembourg coworking brand The Office is expected to reach 4 Mio € revenues by the end of the year. The brand currently operates 3 spaces, making it the largest independent coworking player in the country. The Office is backed by prestigious investors like Maurice Levy, President of Publicis Group, who invested over 1 million euros in the brand. Discover the full interview here: https://paperjam.lu/article/gosia-kramer-co-working-queen-
Romanian startup Pluria, a platform to book flex workspaces, just raised 2 million dollars.
Romanian startup Pluria, a platform to book flex workspaces, just raised 2 million dollars. Launched in September 2020 in Romania and Spain by entrepreneur Andrei Cretu, Pluria is now present in 10 countries across 2 continents. The round was led by Eleven Ventures, one of the most important venture capital firms in Southeast Europe, based out of Campus X Coworking in Sofia. "We aim to reach 600 workspaces by the end of 2023, of which over 100 in Romania" said Andrei Crețu. Read the full...
Warsaw was named the ‘undisputed leader’ for the number of coworking spaces in Poland.
Warsaw was named the 'undisputed leader' for the number of coworking spaces in Poland. The capital city counts 94 locations, o2ccupying over 158,000 sqm. sqm of areas with over 21,000 workstations. The next largest markets are Kraków with 30 spaces over 37,000 sqm and 4,700 workstations and Wrocław with 16 over 27,000 sqm and 2,700 workstations. The average price for renting one workstation in the country is about 242 euros per month. The lowest average price for one desk is in Gdańsk and...
Irish coworking player Workways is set to open a 30.000 sqm campus in Zaventem, Belgium.
Irish coworking player Workways s set to open a 30.000 sqm campus in Zaventem, Belgium. Tens of millions of euros have been invested in the purchase and renovation of buildings with the aim of making them a large campus of coworking spaces on the outskirts of Brussels. Part of the investment is aimed at energy consumption. Workways wants to eliminate the use of gas or oil. The heating/ventilation/air conditioning systems are controlled by tools developed by the company. Workways now owns...
PASSERINVEST GROUP, one of the largest Investment Real Estate companies in the Czech Republic, is set to open its second coworking space: FLEKSI.
PASSERINVEST GROUP, one of the largest Investment Real Estate companies in the Czech Republic, is set to open its second coworking space: FLEKSI. The new 10,000 sqm location will be located in a sought-after address in Prague 4. With this new opening, Passerinvest will operate 13,000 sqm of coworking in Prague, across 2 locations. "We are pleased that, thanks to this concept, we can now, as a landlord, respond to the needs of short- and medium-term rentals, in a carefree way for our existing...
Vasakronan, Sweden’s leading property company, is set to double its investment in its own coworking concept Arena.
Vasakronan, Sweden's leading property company, is set to double its investment in its own coworking concept Arena. 3 new units will be added to its portfolio, representing an additional 8,200 sqm. In total, Vasakronan will be able to offer 17,000 square meters of coworking via the Arena concept across 7 locations, in Sweden. Read more here: https://www.fastighetsvarlden.se/notiser/vasakronan-okar-med-7-700-kvm-arena/
New French flex brand Work&Go founded by the founders of Anticafé, just opened its first free coworking space in a TotalEnergies gas station on the highway.
New French flex brand Work&Go founded by the founders of Anticafé, just opened its first free coworking space in a TotalEnergies gas station on the highway. The brand is planning to open 100 similar spaces in the next 2 years, focusing on places that are not meant for work like airports or shopping malls. Its economic model will be fed by two sources of income: first, the coworking spaces will be sold to the businesses that host them. Then a rent - 900 euros monthly for a coworking of 20...
Major coworking operators in Spain have a combined turnover of 259 million euros, representing a market share of 54%.
Major coworking operators in Spain have a combined turnover of 259 million euros, representing a market share of 54%. This figure is part of the larger report presented by Manuel Zea Barral during the Coworking Spain Conference earlier this week. The largest operators in Spain operate, altogether, 6,000 offices and gather 54,000 users in their centers. Barcelona is the province with the highest number of coworking spaces (315) followed by Madrid (225). With that being said, Madrid is currently...
Sirius Real Estate, the German-UK based flex and conventional spaces operator, recorded a 8.1% increase in overall rent roll
Sirius Real Estate, a JSE-listed, owner, and operator of conventional space and flexible workspace in Germany and the UK, has achieved an 8.1% increase in overall rent roll and 7.7% on a like-for-like basis, reflecting management's ability to capture rental growth in the current inflationary environment. In Germany, its rental rates grew largely in line with our rent roll, reflecting the stable occupancy rates in the country. In Sirius' recently acquired UK business, BizSpace Ltd, the group...
UK flexible office provider Cubo Work opened its 7th location across the UK by acquiring a 1,600 sqm Grade A office building in central Edinburgh.
UK flexible office provider Cubo Work opened its 7th location across the UK by acquiring a 1,600 sqm Grade A office building in central Edinburgh. This is their first space in Scotland. New locations are in the pipeline, with Manchester and a second Birmingham site to be announced shortly. “The new space continues our rapid expansion and reinforces our commitment to opening in the very best locations across all the UK’s core cities,” said Chief Executive Marc Brough. Read the full article...
Slovak Coworking Brand HubHub by HB Reavis is withdrawing from the Czech market.
Slovak Coworking Brand HubHub by HB Reavis is withdrawing from the Czech market. The brand, which currently operates 7 spaces in 5 countries across Europe will close the 2 locations it operates in Prague on May 31st of this year. The given reason for the withdrawal from the Czech Republic is the long-term unfavorable economic situation. The decision will affect dozens of companies with almost 900 employees. Despite the withdrawal, HubHub remains among the major international coworking players...
French Coworking Operator Now coworking, one of France’s most important players outside Paris, is set to open 4 new locations in the country this year
French Coworking Operator Now Coworking, one of France's most important players outside Paris, is set to open 4 new locations in the country this year. The company, which has a turnover of 12 million euros, will soon open in second-tier cities across France: Bayonne, Nantes et Strasbourg, and Rouen, where they are originally from. This will bring the total number of spaces operated by NOW Coworking to 13 spaces, making them the 6th largest operator in France. Read the full article here:...
Eterno Health, a German coworking brand targeted at Doctors opened its newest location in Frankfurt.
Eterno Health, a German coworking brand targeted at Doctors opened its newest location in Frankfurt. The 2,000 sqm space already welcomes 20 doctors. This is their second location after Hamburg, with 4 more on the way in cities like Dusseldorf, Berlin, or Munich. As Founder Maximilian Waldmann explains “At Eterno, the doctors can work independently, pay 5,000 - 8,000 euros in rent and treat their patients here. We'll take care of everything else.” Read the full article here.
Dutch property management platform Re:Invent acquires pay-per-use app for offices Choosewise.co
Dutch property management platform Re:Invent acquires pay-per-use app for offices Choosewise.co. Re:Invent was founded in 2022 by the former management of Spaces. offices | co-working | meeting rooms. Choosewise was developed during the first Covid-19 lockdown and offers a network of 40+ bookable locations across the Netherlands. With this acquisition, Choosewise will offer Re:Invent location partners the chance to efficiently utilize empty spaces. “This acquisition will further our mission...
worklib buys neo-nomade.com and becomes the N°1 coworking spaces booking platform in France.
worklib buys neo-nomade.com and becomes the N°1 coworking spaces booking platform in France. Worklib is a French startup specializing in the organization of hybrid work that launched 2 years ago. Neo-Nomade is the leader in booking coworking spaces in France and launched in 2010. This strategic merger is accompanied by fundraising of 10 million euros. The new entity now capitalizes on a network of which 40% is located in the heart of major French cities, supplemented by a dense network of...
The European Central Bank will open its own 900 sqm coworking space in Brussels in September of this year.
The European Central Bank will open its own 900 sqm coworking space in Brussels in September of this year. The decision was made following the difficulty to accommodate all the officials who need to work at the European Central Bank's Brussels HQ. The hub will serve as a platform for the ECB to defend its policy decisions and will likely be identifiable by a copper plaque at the entrance that will read “House of the Euro.” The space will be shared by 8 central banks across the EU who will also...
Norwegian coworking operator Mesh Community acquires the largest recruiting platform in the Nordics: TheHub.io
Norwegian coworking operator Mesh Community acquires the largest recruiting platform in the Nordics: TheHub.io As one of Norway's largest coworking operators, MESH gathers over 600 companies and over 4,000 members across all its 4 locations (3 in Norway, and 1 in Denmark). The Hub lists 10,000 startups from the Nordics and connected over one million candidates since its creation. The acquisition will advance Mesh’s recruitment services and goals to expand to different Nordic markets by...
Ireland is to double the growth of the flex workspace’s new capacity development in 2023.
Ireland is to double the growth of the flex workspace's new capacity development in 2023. More than 10,000 sqm of new serviced office buildings opened last year in the country, and more than 20,000 are scheduled to open this year says Workthere's latest analysis. This impressive growth is fueled by a mix of prominent local operators including Iconic Offices, Glandore, and Grafter as well as international brands like IWG plc or Huckletree. "The average daily occupancy levels in flex spaces are...