1888PressRelease - Nao Group set to benefit from post-pandemic positive effects Covid-19 is forecasted to have on the coworking sector in UK and globally.
CAIRO, EGYPT--(Marketwire - Apr 26, 2012) -
OCI Formally Signs US$ 363 Million Contract to Build a 1,000 MW Gas Turbine Power Plant in Iraq
Orascom Construction Industries (OCI) announced today that it formally signed the US$ 363 million contract to build a 1,000 MW gas turbine power plant in Baija, Iraq. The Iraqi cabinet approved the project in January 2012.
The power plant was tendered and awarded by the Iraqi Ministry of Electricity, which was established in 2003. The project is expected to be completed in 21 months.
Nao Group, a UK-based commercial property developer focused on coworking spaces, expects strong growth following the pandemic recovery. Nao Group restructured their properties in line with COVID-19 safety policies and sees coworking spaces evolving from shared offices into community hubs that support flexible business needs. As vaccination programs allow restrictions to lift, the coworking sector is positioned for massive growth to meet demand for hybrid work models. Nao Group plans to expand after an acquisition by Dragon Gate, an Asian investment group, to capture renewed demand for collaborative workspaces.
This document summarizes the growth of coworking in Southeast Asia. It notes that coworking now occupies 7% of office space in mature markets like Singapore and Hong Kong, and 3% in emerging markets. The demand for flexible workspace has encouraged major real estate developers to expand into coworking. While still a relatively new concept, coworking is appealing to startups, entrepreneurs and freelancers in the region due to cost savings compared to traditional office leasing. The document predicts continued rapid growth, with coworking projected to occupy 15% of total Southeast Asian office stock by 2030.
This document provides an overview of the coworking industry in Southeast Asia in 2016. It notes that coworking has grown significantly in the region due to trends like increased worker mobility, globalization, and the rise of startups and freelancers. Coworking spaces offer benefits like cost savings, flexibility, and opportunities for collaboration and networking. While still relatively new, coworking is gaining popularity in Southeast Asia and is projected to occupy a sizable portion of the office market in the future as more companies adopt flexible work arrangements. Coworking spaces in the region are also adapting to local cultures and priorities to meet the needs of their diverse set of users.
The COVID19 pandemic has hit the economy of the globe hard and the coworking space industry is one of the top affected industries. Here is all you need to know about how it is adapting to the new normal.
More at - https://www.ikeva.com/coworking-space/mumbai/
1) Coworking spaces have grown exponentially over the last decade from 160 spaces worldwide in 2008 to over 18,700 spaces in 2018. Asia currently has the most coworking spaces while North America and Europe are second and third.
2) Coworking provides benefits like a better work-life balance, reducing isolation, and improving networking opportunities. However, the COVID-19 pandemic has negatively impacted the coworking industry and new health and safety measures must be implemented.
3) As coworking spaces reopen, adaptations like frequent cleaning, hand sanitizer stations, plexiglass shields between desks, and reduced capacity in shared spaces will help make employees feel safe while maintaining the benefits of coworking.
Growing demand for coworking spaces is being driven by both large corporations and independent workers. Corporations are partnering with coworking spaces to gain access to innovative startups and talent while also monitoring potential disruptions. Independent contractors and remote workers appreciate the flexibility and amenities of coworking. As big companies expand into new markets, coworking allows them to do so in a cost-effective manner while supporting a growing remote workforce.
IWG plc research report: the future of workAlyceTyler
We delve into what the new world of work
will look like for firms, from startups to
multinationals, and examine how a flexible,
mobile series of workplace options can
ensure business success.
Download and share the report
CAIRO, EGYPT--(Marketwire - Apr 26, 2012) -
OCI Formally Signs US$ 363 Million Contract to Build a 1,000 MW Gas Turbine Power Plant in Iraq
Orascom Construction Industries (OCI) announced today that it formally signed the US$ 363 million contract to build a 1,000 MW gas turbine power plant in Baija, Iraq. The Iraqi cabinet approved the project in January 2012.
The power plant was tendered and awarded by the Iraqi Ministry of Electricity, which was established in 2003. The project is expected to be completed in 21 months.
Nao Group, a UK-based commercial property developer focused on coworking spaces, expects strong growth following the pandemic recovery. Nao Group restructured their properties in line with COVID-19 safety policies and sees coworking spaces evolving from shared offices into community hubs that support flexible business needs. As vaccination programs allow restrictions to lift, the coworking sector is positioned for massive growth to meet demand for hybrid work models. Nao Group plans to expand after an acquisition by Dragon Gate, an Asian investment group, to capture renewed demand for collaborative workspaces.
This document summarizes the growth of coworking in Southeast Asia. It notes that coworking now occupies 7% of office space in mature markets like Singapore and Hong Kong, and 3% in emerging markets. The demand for flexible workspace has encouraged major real estate developers to expand into coworking. While still a relatively new concept, coworking is appealing to startups, entrepreneurs and freelancers in the region due to cost savings compared to traditional office leasing. The document predicts continued rapid growth, with coworking projected to occupy 15% of total Southeast Asian office stock by 2030.
This document provides an overview of the coworking industry in Southeast Asia in 2016. It notes that coworking has grown significantly in the region due to trends like increased worker mobility, globalization, and the rise of startups and freelancers. Coworking spaces offer benefits like cost savings, flexibility, and opportunities for collaboration and networking. While still relatively new, coworking is gaining popularity in Southeast Asia and is projected to occupy a sizable portion of the office market in the future as more companies adopt flexible work arrangements. Coworking spaces in the region are also adapting to local cultures and priorities to meet the needs of their diverse set of users.
The COVID19 pandemic has hit the economy of the globe hard and the coworking space industry is one of the top affected industries. Here is all you need to know about how it is adapting to the new normal.
More at - https://www.ikeva.com/coworking-space/mumbai/
1) Coworking spaces have grown exponentially over the last decade from 160 spaces worldwide in 2008 to over 18,700 spaces in 2018. Asia currently has the most coworking spaces while North America and Europe are second and third.
2) Coworking provides benefits like a better work-life balance, reducing isolation, and improving networking opportunities. However, the COVID-19 pandemic has negatively impacted the coworking industry and new health and safety measures must be implemented.
3) As coworking spaces reopen, adaptations like frequent cleaning, hand sanitizer stations, plexiglass shields between desks, and reduced capacity in shared spaces will help make employees feel safe while maintaining the benefits of coworking.
Growing demand for coworking spaces is being driven by both large corporations and independent workers. Corporations are partnering with coworking spaces to gain access to innovative startups and talent while also monitoring potential disruptions. Independent contractors and remote workers appreciate the flexibility and amenities of coworking. As big companies expand into new markets, coworking allows them to do so in a cost-effective manner while supporting a growing remote workforce.
IWG plc research report: the future of workAlyceTyler
We delve into what the new world of work
will look like for firms, from startups to
multinationals, and examine how a flexible,
mobile series of workplace options can
ensure business success.
Download and share the report
The document discusses trends in future office spaces, including the growth of start-ups in Indonesia and the resulting demand for office space. By 2020, over 13,000 start-up companies are projected to need around 1 million square meters of office space to house approximately 5 employees each. To accommodate different business needs, future office types may include co-working spaces, serviced offices, small home offices, and activity-based workplaces. These new office models could become an emerging class of tenants for property developers and investors to pursue in Jakarta's weakening office market.
The Coworking Revolution and the impact on real estate - Sophy Moffat, DTZ Coworking Conference
Coworking spaces have grown in popularity in response to the preferences of modern workers and businesses. They offer flexible short-term leases unlike traditional landlords, and provide trendy shared workspaces that are more appealing than corporate offices. Major property companies are partnering with coworking providers to jointly offer flexible workspace options, recognizing the growing demand for more collaborative work environments.
DTZ presented their Coworking Revolution report to 300+ attendees at Coworking Europe in Lisbon on 24 November 2014. You can read the report in full here:
http://dtzcdn.votest.com.au/Asset/cms/Publications/annualreports/The_Coworking_Revolution.pdf
100%Open is dedicated to open innovation. We have the specialist know-how that makes innovating with partners more successful. Our clients profit from better new products delivered quicker and more efficiently.
Coworking has grown from a niche trend for startups and freelancers to an integral part of corporate real estate strategy for many large companies. There are four main models that companies use for coworking: internal collaboration spaces for employees only, external coworking memberships for employees, dedicated coworking spaces within external providers, and internal spaces open to both employees and external entrepreneurs/startups. Companies utilize coworking to improve collaboration, access new ideas and talent, increase flexibility, and reduce real estate costs, among other benefits. However, some barriers include managing cultural changes, security concerns, and ensuring equal opportunities for all employees.
The document provides an introduction and overview of coworking in Australia and New Zealand. It discusses the rapid growth of flexible workspace solutions including coworking spaces. In Sydney, there are over 160 flexible office centers with over 60 in the CBD totaling over 100,000 square meters. Coworking operators have focused on smaller offices around the city with increasing appetite for larger flagship offices. Melbourne has seen exponential growth in shared office spaces with over 190 centers and approximately 45 in the CBD, driven by start-ups but also increasingly by large corporates.
This document discusses three megatrends - globalization, demographic shifts, and flexible working - that are changing commercial real estate investment. It describes how globalization is increasing capital flows and creating new investment opportunities. Demographic trends like population aging are impacting real estate sectors. The rise of flexible working arrangements and co-working spaces represents an opportunity for investors. The document promotes a co-working investment opportunity offering high returns through a rapidly expanding co-working provider.
This document discusses three megatrends - globalization, demographic shifts, and flexible working - that are impacting commercial real estate investment. It outlines how globalization is increasing capital flows and opening new markets. Demographic trends like population aging are shaping consumer demand. Flexible working arrangements are fueling rapid growth in co-working office spaces. The document then describes an investment opportunity in a co-working real estate company that aims to harness these megatrends through global expansion.
Hays Journal 20 – How to capture a culture of innovation: lessons from the CO...Hays
Hays Journal 20 - How to capture a culture of innovation: lessons from the COVID-19 crisis
In order to quickly respond to new demands bought on by the pandemic, many businesses have been forced to adopt a more innovative mindset.
And while many of us look forward to the world returning to what will be the new normal, this inventive way of thinking is something that many organisations will want to hold onto.
Read the Hays Journal to find out more: www.hays-journal.com
2016 was a standout year for entrepreneurs in the GGV Capital ecosystem. Our portfolio companies collectively completed more than $26 billion of M&A and IPO activity, raised more than $10 billion to fuel global expansion, and completed one new IPO (BC Pharma in China).
The year also marked expansion on a number of fronts for our firm. We announced the launch of GGV Capital Fund VI and our Discovery Fund with more than $1.2 billion in commitments. A big thank you to our Limited Partners for their continued support. Second, we added 16 new members to the GGV Capital team across the U.S. and China.
News and Newspaper Industry: Towards a New Leadership in Innovation. Manifesto for an International Alliance for Media Research and Innovation.
Looking ahead, the newspapers and news publishers global community should become more open and integrate more players into research, development and innovation: public and private research centres and labs, start-ups and innovative technology providers, VC, business angles, and research funding partners in order to create an overall ecosystem of innovation to serve the fast moving media value chain. This ecosystem of innovation will develop around four pillars: 1) a shared strategic vision presented in this manifesto, 2) Training and coaching, 3) the co-production of innovative services and technologies in partnership with the world of research, 4) Technology transfer with specific interface between startups, tech providers and publishers.
Intrigued ? Contact Stephen Fozard, Wan-Ifra Media Innovation Hub Project Director, stephen.fozard@wan-ifra.org
This document provides an overview of 10 UK immersive technology companies that have raised significant funding. It discusses Anything World, a platform for creating 3D worlds using voice controls and AI; Bodyswaps, a VR platform for soft skills training that has worked with organizations like Save the Children; and Anthropic, an AI safety startup that has raised $50 million and works on techniques like constitutional AI. The document highlights the companies' technologies, customers, fundraising journeys, and growth opportunities in areas like enterprise training as immersive tech adoption increases.
College of Doctoral StudiesDBA-835 Integrated Case Study.docxtarifarmarie
College of Doctoral Studies
DBA-835 Integrated Case Study
In this course, you will interact with Part III of a multi-year, integrated case study experience. This part of the case study focuses on economic issues and related ethical decisions.
The Case
Purple Cloud was founded 15 years ago and has grown from a start-up security company to a small, but well-respected competitor in the rapidly growing security sector. The founder, A. Nathan Tecnoti, is a visionary leader who forecasted the need to develop robust software products that protected both individuals and companies. As the Internet grew, so did Tecnoti’s business. He innovated rapidly, but Tecnoti could not keep up with the ever-changing technologies and was often outmaneuvered by larger companies who had larger and more proficient technical staffs and marketing budgets. Tecnoti began seeking a way to accelerate product development so he could increase market share and take advantage of new market opportunities. It is for this reason that Tecnoti developed an acquisition strategy to rapidly acquire companies that offered promising security technologies.
Invoking that strategy, Purple Cloud acquired ABCTech during a positive economic outlook. Video press coverage of this event can be viewed at https://lc.gcumedia.com/mgt805/business-acquisition-press-release-video/v1.1/. The ABCTech product acquired by Purple Cloud was completely different than any other software security application offered in the market. The product offered an elegant solution implemented with a single update to the user's computer operating system thereby bypassing the need to distribute daily updates to address new security threats. The simplicity of the solution circumvented both the necessity to acquire capital to build or acquire extensive infrastructure and the requisite addition of high-priced support staff. Nonetheless, the company now has approximately 200 employees, about 40% of which are full-time.
Purple Cloud has survived the economic downturn of a few years ago and, in fact, experienced a resurgence on the cybersecurity front since many people feared the vulnerability of personal information located online. Despite transforming this $40 million company into a $100 million organization with a current stock price of 71, the executives still feel it is necessary to safeguard their long-term investment as they look toward a more sustainable future. The uncertainty surrounding how Purple Cloud will approach sustainability has led Chris Christianson, one of the co-founders of ABCTech, to have his company shares bought out stating that he is uncomfortable with the current forecasting. When asked about his departure, Christianson said,
It has been a long time coming. I was new to running a business, and as long as I was able to see where the company was going and growing, I was willing to stay. Recently, it just was not fun for me anymore. So, I am stepping down to allow the Purple Cloud leadership to replace.
The definitive list of the 100 fastest growing tech companies in the UK by employee headcount.
- At-a-glance profiles for the top companies
- Top ten companies by sector inside the UK
- The ten companies to watch outside the UK
This document provides an overview of the Supercharger Hong Kong 2018 Demo Day event. It summarizes the achievements of several startups that participated in the Supercharger program, including raising funding, expanding operations, and winning new clients. It also lists key metrics for the Supercharger program such as workshops held, deals signed, people hired and more.
Digital Leadership Interview : Pablo Rodriguez, Director of Innovation at Tel...Capgemini
"I believe that opening up innovation, working
more with partners, and being agile enough to include everybody’s contribution represents a big shift in innovation in this digital age."
Vodafone's co-creation process involves partnering with large multinational customers to drive innovation. It begins with workshops to understand customer needs and identify areas for collaboration. Vodafone and the customer then work together in an innovation "Studio" to rapidly develop prototypes through practices like design thinking and lean startup. Their goal is to generate disruptive ideas that create new markets and value for both companies.
DealMarket Digest Issue 131 - 7 March 2014Urs Haeusler
SEE WHATS NOTEWORTHY IN PRIVATE EQUITY THIS WEEK /// ISSUE 131 - March 7th, 2014:
- How New European Rules Affect Private Equity Teams
- PE outlook for Europe
- EY’s Top 10 VC Dealmakers Worldwide
- Global Telecom M&A Hits 13 Year High
- PE Drives Robust Returns for Ontario Pension Fund
- Quote of the Week: Venture Capital? Make Way for Geek Guilds
PJ Balzer of the King’s Kids Christian Outreach & MinistryKeen Ley
1888 Press Release - PJ works at the King's Kids Christian Outreach & Ministry of Mastic Beach, New York, helping youth, children, the addicted, hopeless, incarcerated and struggling in our community.
The Boy B Eazy releases his first studio album “Believe, Vol. 1” featuring OT...Keen Ley
1888 Press Release - The Boy B Eazy’s six track EP “Believe, Vol. 1” featuring OTR Qwan and REDDD is a project created to inspire fans around the world on the journey to believe.
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Similar to Nao Group Set to Benefit from Post-Pandemic Expansion of Co-Working Sector Globally
The document discusses trends in future office spaces, including the growth of start-ups in Indonesia and the resulting demand for office space. By 2020, over 13,000 start-up companies are projected to need around 1 million square meters of office space to house approximately 5 employees each. To accommodate different business needs, future office types may include co-working spaces, serviced offices, small home offices, and activity-based workplaces. These new office models could become an emerging class of tenants for property developers and investors to pursue in Jakarta's weakening office market.
The Coworking Revolution and the impact on real estate - Sophy Moffat, DTZ Coworking Conference
Coworking spaces have grown in popularity in response to the preferences of modern workers and businesses. They offer flexible short-term leases unlike traditional landlords, and provide trendy shared workspaces that are more appealing than corporate offices. Major property companies are partnering with coworking providers to jointly offer flexible workspace options, recognizing the growing demand for more collaborative work environments.
DTZ presented their Coworking Revolution report to 300+ attendees at Coworking Europe in Lisbon on 24 November 2014. You can read the report in full here:
http://dtzcdn.votest.com.au/Asset/cms/Publications/annualreports/The_Coworking_Revolution.pdf
100%Open is dedicated to open innovation. We have the specialist know-how that makes innovating with partners more successful. Our clients profit from better new products delivered quicker and more efficiently.
Coworking has grown from a niche trend for startups and freelancers to an integral part of corporate real estate strategy for many large companies. There are four main models that companies use for coworking: internal collaboration spaces for employees only, external coworking memberships for employees, dedicated coworking spaces within external providers, and internal spaces open to both employees and external entrepreneurs/startups. Companies utilize coworking to improve collaboration, access new ideas and talent, increase flexibility, and reduce real estate costs, among other benefits. However, some barriers include managing cultural changes, security concerns, and ensuring equal opportunities for all employees.
The document provides an introduction and overview of coworking in Australia and New Zealand. It discusses the rapid growth of flexible workspace solutions including coworking spaces. In Sydney, there are over 160 flexible office centers with over 60 in the CBD totaling over 100,000 square meters. Coworking operators have focused on smaller offices around the city with increasing appetite for larger flagship offices. Melbourne has seen exponential growth in shared office spaces with over 190 centers and approximately 45 in the CBD, driven by start-ups but also increasingly by large corporates.
This document discusses three megatrends - globalization, demographic shifts, and flexible working - that are changing commercial real estate investment. It describes how globalization is increasing capital flows and creating new investment opportunities. Demographic trends like population aging are impacting real estate sectors. The rise of flexible working arrangements and co-working spaces represents an opportunity for investors. The document promotes a co-working investment opportunity offering high returns through a rapidly expanding co-working provider.
This document discusses three megatrends - globalization, demographic shifts, and flexible working - that are impacting commercial real estate investment. It outlines how globalization is increasing capital flows and opening new markets. Demographic trends like population aging are shaping consumer demand. Flexible working arrangements are fueling rapid growth in co-working office spaces. The document then describes an investment opportunity in a co-working real estate company that aims to harness these megatrends through global expansion.
Hays Journal 20 – How to capture a culture of innovation: lessons from the CO...Hays
Hays Journal 20 - How to capture a culture of innovation: lessons from the COVID-19 crisis
In order to quickly respond to new demands bought on by the pandemic, many businesses have been forced to adopt a more innovative mindset.
And while many of us look forward to the world returning to what will be the new normal, this inventive way of thinking is something that many organisations will want to hold onto.
Read the Hays Journal to find out more: www.hays-journal.com
2016 was a standout year for entrepreneurs in the GGV Capital ecosystem. Our portfolio companies collectively completed more than $26 billion of M&A and IPO activity, raised more than $10 billion to fuel global expansion, and completed one new IPO (BC Pharma in China).
The year also marked expansion on a number of fronts for our firm. We announced the launch of GGV Capital Fund VI and our Discovery Fund with more than $1.2 billion in commitments. A big thank you to our Limited Partners for their continued support. Second, we added 16 new members to the GGV Capital team across the U.S. and China.
News and Newspaper Industry: Towards a New Leadership in Innovation. Manifesto for an International Alliance for Media Research and Innovation.
Looking ahead, the newspapers and news publishers global community should become more open and integrate more players into research, development and innovation: public and private research centres and labs, start-ups and innovative technology providers, VC, business angles, and research funding partners in order to create an overall ecosystem of innovation to serve the fast moving media value chain. This ecosystem of innovation will develop around four pillars: 1) a shared strategic vision presented in this manifesto, 2) Training and coaching, 3) the co-production of innovative services and technologies in partnership with the world of research, 4) Technology transfer with specific interface between startups, tech providers and publishers.
Intrigued ? Contact Stephen Fozard, Wan-Ifra Media Innovation Hub Project Director, stephen.fozard@wan-ifra.org
This document provides an overview of 10 UK immersive technology companies that have raised significant funding. It discusses Anything World, a platform for creating 3D worlds using voice controls and AI; Bodyswaps, a VR platform for soft skills training that has worked with organizations like Save the Children; and Anthropic, an AI safety startup that has raised $50 million and works on techniques like constitutional AI. The document highlights the companies' technologies, customers, fundraising journeys, and growth opportunities in areas like enterprise training as immersive tech adoption increases.
College of Doctoral StudiesDBA-835 Integrated Case Study.docxtarifarmarie
College of Doctoral Studies
DBA-835 Integrated Case Study
In this course, you will interact with Part III of a multi-year, integrated case study experience. This part of the case study focuses on economic issues and related ethical decisions.
The Case
Purple Cloud was founded 15 years ago and has grown from a start-up security company to a small, but well-respected competitor in the rapidly growing security sector. The founder, A. Nathan Tecnoti, is a visionary leader who forecasted the need to develop robust software products that protected both individuals and companies. As the Internet grew, so did Tecnoti’s business. He innovated rapidly, but Tecnoti could not keep up with the ever-changing technologies and was often outmaneuvered by larger companies who had larger and more proficient technical staffs and marketing budgets. Tecnoti began seeking a way to accelerate product development so he could increase market share and take advantage of new market opportunities. It is for this reason that Tecnoti developed an acquisition strategy to rapidly acquire companies that offered promising security technologies.
Invoking that strategy, Purple Cloud acquired ABCTech during a positive economic outlook. Video press coverage of this event can be viewed at https://lc.gcumedia.com/mgt805/business-acquisition-press-release-video/v1.1/. The ABCTech product acquired by Purple Cloud was completely different than any other software security application offered in the market. The product offered an elegant solution implemented with a single update to the user's computer operating system thereby bypassing the need to distribute daily updates to address new security threats. The simplicity of the solution circumvented both the necessity to acquire capital to build or acquire extensive infrastructure and the requisite addition of high-priced support staff. Nonetheless, the company now has approximately 200 employees, about 40% of which are full-time.
Purple Cloud has survived the economic downturn of a few years ago and, in fact, experienced a resurgence on the cybersecurity front since many people feared the vulnerability of personal information located online. Despite transforming this $40 million company into a $100 million organization with a current stock price of 71, the executives still feel it is necessary to safeguard their long-term investment as they look toward a more sustainable future. The uncertainty surrounding how Purple Cloud will approach sustainability has led Chris Christianson, one of the co-founders of ABCTech, to have his company shares bought out stating that he is uncomfortable with the current forecasting. When asked about his departure, Christianson said,
It has been a long time coming. I was new to running a business, and as long as I was able to see where the company was going and growing, I was willing to stay. Recently, it just was not fun for me anymore. So, I am stepping down to allow the Purple Cloud leadership to replace.
The definitive list of the 100 fastest growing tech companies in the UK by employee headcount.
- At-a-glance profiles for the top companies
- Top ten companies by sector inside the UK
- The ten companies to watch outside the UK
This document provides an overview of the Supercharger Hong Kong 2018 Demo Day event. It summarizes the achievements of several startups that participated in the Supercharger program, including raising funding, expanding operations, and winning new clients. It also lists key metrics for the Supercharger program such as workshops held, deals signed, people hired and more.
Digital Leadership Interview : Pablo Rodriguez, Director of Innovation at Tel...Capgemini
"I believe that opening up innovation, working
more with partners, and being agile enough to include everybody’s contribution represents a big shift in innovation in this digital age."
Vodafone's co-creation process involves partnering with large multinational customers to drive innovation. It begins with workshops to understand customer needs and identify areas for collaboration. Vodafone and the customer then work together in an innovation "Studio" to rapidly develop prototypes through practices like design thinking and lean startup. Their goal is to generate disruptive ideas that create new markets and value for both companies.
DealMarket Digest Issue 131 - 7 March 2014Urs Haeusler
SEE WHATS NOTEWORTHY IN PRIVATE EQUITY THIS WEEK /// ISSUE 131 - March 7th, 2014:
- How New European Rules Affect Private Equity Teams
- PE outlook for Europe
- EY’s Top 10 VC Dealmakers Worldwide
- Global Telecom M&A Hits 13 Year High
- PE Drives Robust Returns for Ontario Pension Fund
- Quote of the Week: Venture Capital? Make Way for Geek Guilds
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Women in Cloud Summit 2022 Will be a Harbinger of the Future for Gender Equit...Keen Ley
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Falcons Fury Harley-Davidson 20 Years of AdventureKeen Ley
(1888 PressRelease) “The 20th Anniversary Celebration of Falcons Fury Harley-Davidson is coming up on September 10-12, 2021,” said Craig Collins, Managing Partner Falcons Fury Harley-Davidson.
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Nao Group Set to Benefit from Post-Pandemic Expansion of Co-Working Sector Globally
1. Nao Group Set to Benefit from Post-Pandemic Expansion of Co-Working Sector
Globally
1888PressRelease - Nao Group set to benefit from post-pandemic positive effects Covid-19 is forecasted to
have on the coworking sector in UK and globally.
Nao Group, the London-based property development firm, predicts a renewed period of growth for the
coworking sector as positive developments to combat Covid-19 make strides towards a global post-pandemic
recovery that will see lockdown measures slowly easing in the next coming months worldwide.
Following a turbulent year for the global economy, the Company stands to benefit from the long-term positive
effects Covid-19 inadvertly had in the coworking sector as changing attitudes to work and employment point
towards flexible and remote working as a more productive and cost effective option. Research from University
College London shows that 82% of employees around the globe hope to work remotely at least once a week
after the pandemic. Numerous independent studies have also provided feedbacks referencing compulsory
work-from-home or opting for a nearby co-working space becoming a significant eye-opener for many
businesses of different scales and across different sectors, globally. These trends among others, stand to
increase demand for vibrant coworking spaces such as those developed by Nao Group.
The Company focuses on promising yet underserved UK regions, creating spaces that are designed for agile
working while also providing key networking opportunities. Having recently been acquired by the Asian backed
investment group, Dragon Gate, Nao Group has announced plans to expand its network of coworking
properties through strategic property acquisition and development projects.
In support of the Group’s outlook, Dragon Gate Director Wang Heng further comments:
“We hear a lot about the ‘new normal’ and coworking is right at the centre of that. As lockdown measures
slowly ease, organisations of all sizes are looking for new ways to support their employees while reconsidering
their approach to office space. Nao Group’s convenient and affordable coworking environments address this
rapidly growing demand for shared workplaces, and we look forward to growing a stronger footprint in the UK
and beyond, in the near future.”
2. About Nao Group
Nao Group is an international commercial property developer focused on creating coworking communities
across the UK.
Concentrated on acquiring and developing prime real estate in rapidly developing regions, the Company has
found success in the cultivation of vibrant coworking communities across London and beyond.
With an entrepreneurial management team and a strategy for global growth, Nao Group is well-positioned to
capture a significant share of the growing office real estate development market.
About Dragon Gate Group
Dragon Gate is a private investment group with a significant foothold in the Chinese market and a mandate for
global expansion. With a senior management team that has extensive experience across the property and
finance sectors, Nao Group benefits from collaboration with a successful team that shares its global outlook
and access to capital that allows the group to secure cross-border opportunities at the forefront of market
expansion.
http://www.naogroup.com