Integrated flexible workspace provider RE-DEFINED has launched a partnership with Platformspace to take over the management of struggling flexible workspace centres.
RE-DEFINED – a MAPP company – and Platformspace, which is co-headed by David Kaiser, the former head of real estate, UK & EMEA at WeWork, and Dan Cohen, have signed their first agreement with SRE London at the circa 35,000 sq ft 12 Moorgate, previously let to WeWork.
The RE-DEFINED and MAPP team will manage the entire asset, with the core strategy being to retain existing occupiers and ensure the building remains compliant and operational during the transition period following WeWork’s exit.
The partners said they are in detailed discussions on a number of other buildings in the capital.
Oliver Meyers, founding partner at RE-DEFINED, said: “With this partnership, we have an unparalleled network of landlord relationships which will help us offer our unique and accountable flex product to building owners finding themselves at the mercy of sudden lease withdrawals by struggling co-working operators.
“In spite of market turbulence, the value that the inclusion of managed space brings to assets is indisputable and the sector is earmarked for strong growth. We are excited to be offering a safe pair of hands to any landlords navigating this tricky period and will support them to transition their flexible workspaces into a commercial success.”
David Kaiser, founding partner at Platformspace, added: “I’m delighted to be joining a team that fuses flex-focused technology and operational capabilities with MAPP’s renowned community building, sustainability and property management credentials. Accountability and transparency will be cornerstones of our offer, enabling us to become a trusted partner for landlords looking to modernise their buildings and broaden their offer to create a flexible range of letting options for today’s increasingly agile businesses.”
