GLOBAL co-working space provider Spaces has opened in the Rialto building in Melbourne’s CBD, after achieving 100% occupancy rates at its Richmond and Surrey Hills locations. Spaces Rialto will provide 2,650 sqm of workspace to members in an office fitted out and styled by well known Australian stylist, Alexia Biggs. Head of Spaces parent company IWG in Australia & New Zealand Damien Sheehan said the opening will be a welcome addition to workers in the city. “Co-working spaces are growing significantly across Australia. Our Spaces office in Richmond is operating at 100% occupancy as is our Spaces office in Surrey Hills, Sydney, so we know there is a high demand for a more collaborative and inspirational working environment. “Our new office will deliver on everything great associated with Spaces offices around the world and continue to provide an inspirational working environment for both established and new businesses, young and old, sneakers and suits and corporate and creative,” he added. The announcement of the new opening comes off the back of the Spaces Richmond office, also located in Melbourne, being named the best co-working space in Australia at the 2018 Qantas Business Travel Awards. Meanwhile co-working tenants continue to take up space in Melbourne, with Hub Australia opening its third location, after leasing 3,500 sqm over three-level within the historic Georges building at 162 Collins St. The 15-year lease was struck at $520 to $530 per sqm net. Savills’ Phillip Cullity handled the deal. Australian Property Journal
Spaces is opening its third office in Australia and its second in Melbourne after achieving 100% occupancy at it existing locations. The company has been operating out of a number of locations across the country including one on Collins Street in Melbourne. Space’s Richmond office, its original location in Melbourne, was named best co-working space in Australia at the 2018 Qantus Business Travel Awards.