24th January 2024
The Instant Group., a London (U.K.) based leader in flexible workspace services, consulting and technology, has acquired U.S. based OfficeSpace.com, a network of 300,000 commercial listings helping tenants to search without the need for a subscription. OfficeSapce.com was a portfolio business of Biproxi, Inc.
The officespace.com domain is one of the continent’s largest sites adding over 300,000 commercial listings to Instant’s already robust global platform. Officespace.com allows tenants to search without the need for a subscription, both property owners and brokers can add unlimited listings to Officespace.com for free by joining the platform.
The Instant Group has been rethinking workspace since 1999 with over 500 experts working globally across more than 175 countries. Instant’s digital platforms constitute the world’s largest digital marketplace for flexible workspace listing meeting rooms, virtual offices, flexible office space and coworking memberships. Its global team advises on commercial real estate solutions from serviced offices to fully customised managed offices, and consulting services for portfolio and net zero strategies. Instant’s approach enables agility, hybrid working solutions and improved operational resilience for more than 250,000 businesses every year. Clients include Prudential, Booking.com, Shell, Jaguar Land Rover and GSK. Instant has global offices including London, Paris, New York, Hong Kong, Singapore and Sydney.
Lerner Associates was pleased to act as the exclusive sell-side M&A advisor to Biproxi and OfficeSpace.com. This transaction further cements our credentials as a leader in global and cross-border PropTech M&A Advisory services.
Further details can be found here: https://www.theinstantgroup.com/en-us/news/instant-acquires-officespacecom-expanding-its-workspace-marketplace-in-north-america/