Search Results for: wework

WeWork partners with Cushman & Wakefield on flexible working offer

WeWork partners with Cushman & Wakefield on flexible working offer

flexible working space provider WeWorkWeWork, arguably the world’s most talked-about flexible space providers, and Cushman & Wakefield, the global real estate services firm, have announced they have entered into an exclusive strategic partnership to market both landlords and businesses on WeWork’s management experience platform and on several new jointly developed ideas aligned with the new appetite for flexible working. More →

Small coworking providers taking advantage of WeWork woes

Small coworking providers taking advantage of WeWork woes

Despite its recent challenges, WeWork remains the most popular coworking space in the US, but smaller, local coworking spaces are catching up, according to a new survey from Clutch. According to the study, 39 percent of coworking employees work in a WeWork space, but local coworking spaces are almost as popular, at 36 percent. More →

WeWork, false narratives and the superstate of office design

WeWork, false narratives and the superstate of office design

WeWork New YorkSo, WeWork then. As the dust settles on whatever has happened, some lessons may be emerging. Many of them are presented in this comment in The Economist and this piece in The Intelligencer in which Scott Galloway of NYU Business School claims that the problems have been evident for a long time. He doesn’t hold back. More →

The four day week problem, WeWork delays IPO, harbingers of doom and some other stuff

The four day week problem, WeWork delays IPO, harbingers of doom and some other stuff

It’s interesting to watch what happens when politicians – even more so than normal people – are faced with evidence they don’t like. And it’s especially interesting when they asked for the evidence in the first place. You can pick your own examples but it was interesting to note Shadow Chancellor John McDonnell’s immediate and decidedly lukewarm response to his own report into the wisdom of introducing a 4 day week, which concluded that the idea is ‘not realistic or even desirable’. More →

WeWork completes largest office deal in Birmingham this year

WeWork completes largest office deal in Birmingham this year

Six Brindleyplace, the new home of coworking provider WeWork in BirminghamWeWork has agreed a deal to take over all seven floors of Six Brindleyplace in Birmingham. The deal is the coworking provider’s third in the City this month alone, following deals for 55 Colmore Row and Louisa Ryland House, both in the Colmore Business District in the city centre. The deal for the 97,000 sq. ft. of Six Brindleyplace is believed to be the largest office deal in Birmingham so far this year, bringing its total offering in the city to 200,000 sq. ft.  More →

HSBC strikes 1000 desk deal with WeWork

HSBC strikes 1000 desk deal with WeWork

HSBC has agreed a deal to locate more than a thousand members of London staff in a WeWork coworking space in London. WeWork confirmed to the Financial Times that the bank has signed up for 1,135 desks at its new building at 2 Southbank Place.  The move is further proof of how coworking has become a mainstream option for large corporations as they seek to get more value our of their property and introduce new working methods. HSBC’s corporate real estate team and other staff already work from coworking spaces, but the new deal marks a step change in its strategy.

Image: WeWork’s existing coworking space at Waterloo

The problem with predictions, the cult of Facebook, WeWork woes and some other stuff

The problem with predictions, the cult of Facebook, WeWork woes and some other stuff

If it makes you feel better about Blue Monday (today – ‘officially’ the year’s glummest day), it also marks the closure of the Predictions Window in my view. If somebody still has an unpublished list of forecasts for the coming year on their specialist topic, they’ve missed their chance. At least with us they have. But not to worry, there’s a good chance they can trot most of them all out again next year and they’ll be just as relevant. Anything else can be quietly dropped.

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Regus to sue WeWork; blinkers for office workers; and some other stuff you should know about

Regus to sue WeWork; blinkers for office workers; and some other stuff you should know about

What to make of the announcement that Chengdu is thinking of creating an artificial moon so that it can do away with street lights, bathing the city’s streets in permanent dusk? Well possibly a big thumbs up for the ingenuity and maybe thumbs down for the impact on people’s circadian rhythms and awareness of what’s in the heavens. People really should look up more, both figuratively and literally. Maybe there’s also room for a thought about we we can over-complicate designed solutions when we look to innovate beyond a certain point.

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WeWork launches new brokering service aimed at small and medium sized businesses

WeWork launches new brokering service aimed at small and medium sized businesses

WeWork’s announcement of a meat ban last week has attracted a great deal of attention in the media but a quiet announcement put out on the firm’s website on Friday will have more profound implications for the facilities management, workplace and commercial property worlds. In September the firm will launch WeWork Space Services which is targeted at small and medium sized businesses including those that are not current members. It claims that the service will be a ‘holistic, one-stop’ that will meet the real estate needs of its target audience, including finding them the most appropriate office space and resources as well as free membership of WeWork spaces around the world.

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Gallery: WeWork announces the opening of its flagship location in India

Gallery: WeWork announces the opening of its flagship location in India

WeWork has announced its first flagship Indian location in Bengaluru. WeWork Galaxy is located on the site of the former Galaxy Theatre, and features a rooftop terrace with a pool and gym in addition to a mix of shared and private offices, which are designed around a 5-storey communal atrium. Bengaluru is India’s tech capital and one of the country’s leading cultural and economic hubs and so WeWork see it as a perfect fit for their coworking model. Created by the in-house design team, the goal was to create a space that ‘felt open, yet communal and intimate for members and guests, by creating individual programming and design moments within the atrium space’.

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WeWork extends property as a service offering as IBM takes on entire coworking building

WeWork extends property as a service offering as IBM takes on entire coworking building 0

In a deal of enormous significance for the commercial property and workplace sectors, IBM has agreed a deal with coworking giant WeWork to take on all the space at its 88 University Place office in New York. Although originally targeted at startups and freelancers, especially those working in the creative and technology sectors, a growing number of corporate clients are seeing the appeal of coworking space in a fast changing world and now make up over a fifth of WeWork’s membership worldwide. Meanwhile, in moves that are sure to have major implications for the corporate real estate and facilities management market, WeWork has also announced plans to become a major real estate investor and introduce a wider range of FM services. The firm already operates in 135 locations spread across 44 cities in 14 countries.

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A workplace tale told in numbers: WeWork in 2016

A workplace tale told in numbers: WeWork in 2016 0

WeWork is the weather vane for a new era in which property is increasingly consumed as a service. The company has issued a statement looking back over its achievements during the past year. It’s a tale told in numbers so makes interesting reading. The firm claims it has added 58 new spaces and now offers over 110 locations open around the world for its 80,000 members. It has opened spaces in 18 new cities including Berlin (Berlin), Beer Sheva, Seoul, Mexico City, Shanghai, Hong Kong, Montreal, Philadelphia, Atlanta, Denver and Sydney. Perhaps most tellingly, it has extended its client reach to include firms such as Microsoft, HSBC, Bacardi and Samsung. There’ll be lots of people offering up lists at this time of year detailing key workplace trends. Few will be as instructive as the numbers coming out of WeWork and the wider coworking movement.