We are thrilled to announce that Industrious is acquiring The Great Room and Welkin & Meraki, each the top premium flexible workplace brand in their markets of Asia and Europe respectively.
Over the past several years, Industrious has been laying the foundation to become leaders in the workplace-as-a-service industry. We have long believed that flexible workplace would be a key part of the future of work, and now we are seeing demand for flexible space grow faster and broader than ever before.
The Great Room, Gaysorn Tower, Bangkok
The tailwinds of the pandemic created the right opportunity for us to begin building out our international platform of workplace-as-a-service, and we are certain that by adding The Great Room and Welkin & Meraki to our network, we are now best positioned to become the preferred multinational workplace partner for businesses of all sizes and to continue delivering great days at work for our members.
Welkin & Meraki, La Defense, Paris
We are thrilled to have The Great Room and Welkin & Meraki join the Industrious family. They are each the top premium flexible workplace company in their respective markets of Asia and Europe, and they have an incredible team of people that will help spearhead our future growth while upholding our commitment to quality and service.
Here is what Bloomberg wrote about the exciting news:
“Industrious, a provider of flexible workspaces that’s backed by CBRE Group Inc., acquired Great Room Offices and Welkin & Meraki to expand its footprint in Asia and Europe.
Industrious paid roughly $100 million in cash and stock for the two companies, a person with knowledge of the matter said. The transactions add almost 1 million square feet to the firm’s portfolio, which now encompasses more than 5 million square feet…”