JLL to support coworking spaces, leading a funding round for Hubble

January 21, 2019
Share this Post: 

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

JLL, a professional services and investment management company specializing in real estate, has invested in the Hubble company, an online search engine for coworking office spaces such as WeWork, as well as companies that have free tables to rent.

JLL is betting on flexible offices. The US giant has led a round of four million pounds in Hubble, a British company that is defined as the "Booking of office space."

The company operates as a search engine in which you can rent office space from coworking groups such as WeWork, as well as companies that have free tables for rent. Hubble charges a commission for each transaction.

The company is backed by James Caan, a British-Pakistani businessman known in his country as an investor in the BBC Dragons' Den program. "The traditional rental model for ten years and with high entry costs is no longer adequate," Tushar Agarwal, CEO of the startup stated. "Companies want to be able to move from one office to another in a matter of days, and we can offer them that."

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

Join us in Bangkok the 19th to the 21st of March for the Property Portal Watch Conference.

Property Portal Watch Bangkok Conference 2019, Mar 19-21

Read more

January 21, 2019

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Propertyguru Singapore Skyline
Analysis: PropertyGuru Is Heavily Reliant on Singapore's Crazy Real Estate Market

Singapore is well known for its obsession with property and the market dynamics there are pretty unique...   There can't...

Read More
Strike
UK Challenger Strike (Purplebricks) Lost $23.6M in 2023

U.K. hybrid agency Strike, which acquired (and subsequently rebranded as) Purplebricks last year, recorded operating losses of $23.5M according to...

Read More
Zigbang
Zigbang Experiences Healthy Sales Boosts in 2023

South Korean portal operator ZigBang boosted its sales by an impressive 47% YoY worth approximately $93.8M, according to a 2023...

Read More
Zillow Hiring
Zillow TV Show to Land In May

Zillow's TV show will launch in May for broadcast on HGTV. After the major success of its Zillow Gone Wild...

Read More

Editor's Pick