As of April 2022, Premier Workspaces manages over 1.5 million square feet of workspace in 12 states (plus the District of Columbia), 21 counties, and 53 cities.
Incorporating Plaza Premium Group’s airport lounges will increase the supply of flexible and alternative workspaces available on Coworker.
Nationwide, offices in the 10 largest U.S. cities with buildings tracked by Kastle Systems are hovering around 40% occupancy.
Colliers India predicts that leasing activity from startups will reach 78 million square feet by 2024, accounting for 13% of all office space.
In the last year, Deloitte has retracted nearly 250,000 square feet of office space from its investments in London.
The combination of Venture X and Office Evolution establishes the largest privately-owned global franchisor in the coworking industry.
This financing is expected to occur alongside the merger of Selina and special purpose acquisition company BOA, taking the coworking firm public.
According to Colliers Asia, Hong Kong is witnessing an increase in mergers and acquisitions in the coworking sector as restrictions ease.