Investa Commercial Property Fund (ICPF) and Work Club Global today announce that lease documentation has been signed for Work Club Global to establish Sydney’s newest and most prestigious shared workspace for professionals at the newly refurbished 201 Kent Street. The new workspace will be a Nordic inspired destination for both small-medium sized enterprises as well as providing enterprise solutions for corporates.
Work Club Global are curating over 1,600 square metres of space over two levels including the ground floor with impressive 4 metre high ceilings. Opening is planned for May 2018. The 10 year lease increases the weighted average lease expiry of the asset to 3.26 years and adds significant new amenity for both existing and new tenants at 201 Kent Street.
The contemporary space will provide focused and collaborative areas, convene space and a bar for both members and visitors. Access to first class Concierge and other business and lifestyle services will be made available through Investa’s INSITE portal.
Jason Leong, Group Executive and ICPF Fund Manager said: “201 Kent Street is a key asset of the fund. Recently, over $8 million was invested in the refurbishment of the lobby and café area at ground level, which features a light-filled atrium and state-of-the-art lighting and finishes. The addition of a prestigious shared workplace for professionals will add value for all of our customers and help to meet their growing need for flexibility and an on-demand Workplace as a Service (“WaaS”).
Work Club Global was created under the leadership of Danish-born founder Soren Trampedach, former workspace consultant to Facebook and Google. His workspaces are renowned for their functional design, artisan Scandinavian furniture and delivery of high quality workplace services.
In addition to a range of collaborative spaces, Work Club Global also offers a diverse group of members access to Florence Guild, an event series comprising of monthly speaker events, round table business discussions, and more intimate lunches and dinners. Past speakers include Rachel Botsman (thought leader on the Collaborative Economy), Toby Walsh (Professor of AI at UNSW and Research Leader at Data61), Lisa Messenger (Founder and CEO of Collective Hub), and Roy Green (Dean, UTS Business School). Read the full media release here.